Culture

AI jitters knock Stoxx 600 lower, wiping out early-week gains
Investors also favour a likelihood of White House economic adviser Kevin Hassett becoming the next Fed chair, a scenario that could lead to more cuts next year[BENGALURU] European shares...
When You Want to Gift Something Truly Special
Here are a few extra-special gift ideas you can give this holiday season.  1. PeterGrimm Hats I’m not sure when I first came across Peter Grimm Hats, but the...
Hutchison Port Holdings’ Shenzhen port land appropriated by municipal government for 15.6 million yuan
[SINGAPORE] The trustee-manager of Hutchison Port Holdings Trust (HPH) on Friday (Dec 12) said that land currently held by one of its subsidiaries will be acquired by the Chinese...
OUE Reit secures S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes [SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan...
OUE Reit gets S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes [SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan...
Australia unveils rescue bid for Rio Tinto’s Tomago aluminium smelter
“If Australia doesn’t produce aluminium, then the knock-on effect in other industries is significant,” warns Prime Minister Anthony Albanese[SYDNEY] Prime Minister Anthony Albanese announced on Friday (Dec 12) a...
ST Engineering’s US unit among defendants in UPS plane crash lawsuit
Lawsuit alleges negligence in maintenance checks by subsidiary VT San Antonio Aerospace[SINGAPORE] ST Engineering’s United States subsidiary, VT San Antonio Aerospace (VT SAA), was one of several companies named...
Ringgit hits three-year high against Singdollar, four-year high versus greenback
[SINGAPORE] The ringgit hit a three-year high against the Singapore dollar and a four-year high against the US dollar this week, as optimism around the Malaysian economy grew and...
Malaysian ringgit hits highest in four years on growth optimism
It rose 0.3% versus the greenback to 4.0955 on Friday, the highest since May 2021[KUALA LUMPUR] The Malaysian ringgit reached the strongest level against the dollar in more than...
Asian markets track Wall Street record after Fed cut
ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate cut.The gains came despite renewed...
Philippine central bank chief tempers hawkish view, sees one more cut
PHILIPPINE central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current easing cycle with the economic recovery likely to...
Global EV sales growth slowest since Feb 2024 on China plateau, US policy changes
GLOBAL EV sales grew in November at the slowest rate since February 2024 as China plateaued, while the end of an EV tax credit scheme in the United States...