Culture
LTA awards Obayashi Corp S$281 million contract to design and build new Brickland MRT station
[SINGAPORE] The Land Transport Authority (LTA) has awarded a contract for the design and construction of the new Brickland MRT station and viaduct, valued at around S$281 million, to...
Precious metals fall again, Asian stocks swing as traders wind down
Investors have been piling into commodities on bets for more US rate cuts, a weaker US dollar and geopolitical tensions[HONG KONG] Precious metals extended losses on Tuesday (Dec 30)...
Trump says he still might fire Jerome Powell as Fed chair pick looms
[WASHINGTON] US President Donald Trump teased that he has a preferred candidate to be the next chair of the US Federal Reserve, but is in no hurry to make...
Chinese stocks on track for best year since 2017 as rally widens
The MSCI China Materials Index has gained around 108% this year, on track for its strongest year since 2003[HONG KONG] Chinese stocks look set for their strongest showing since...
Two currency bets in Asia flash warning signs as year-end nears
Moves in precious metals have also contributed to swings in the region’s currencies[MUMBAI] Some of Asia’s strongest currency trends are starting to unravel in the final trading days of...
ST Engineering expects positive H2 net profit
[SINGAPORE] ST Engineering on Tuesday (Dec 30) said that it expects to report a positive net profit for the second half of 2025, after considering all the one-off effects...
Meta to acquire Singapore-based startup Manus, adding agents to bolster AI bet
AI agents are tools that do not need human supervision to perform specific digital tasks[SAN FRANCISCO] Meta Platforms has agreed to acquire Singapore-based startup Manus, adding a popular artificial...
Stocks to watch: ST Engineering, Keppel, Manulife US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 30): Source link
Hyundai not in a position to buy back Russian auto factory: source
The market is now dominated by Chinese firms, which sold nearly one million cars in Russia in 2024 out of total sales of 1.6 million units[SEOUL/MOSCOW] South Korean automaker...
Unicorns likely to turn to private equity for financing: Preqin
[SINGAPORE] As the venture capital (VC) winter continues, startups may have to turn to private equity for funding. A report by data platform Preqin said: “Unicorns – once mythical,...
