Culture
Gold flat as investors await US data for rate-cut signals
US rate futures are pricing in an 89% chance of a rate cut in December, according to the CME’s FedWatch tool[BENGALURU] Gold prices were little changed on Wednesday (Dec...
Infinity Development closes flat at S$0.39 on Catalist debut
[SINGAPORE] Shares of adhesive manufacturer Infinity Development were up 1.3 per cent at Wednesday’s (Dec 3) open – as the company debuted on the Catalist board of the Singapore...
UltraGreen.ai shares up 7.6% at midday on SGX trading debut in largest non-Reit IPO since 2017
After hitting a high of US$1.62 in the morning, it eases to S$1.56 by midday; offer was 13.6 times subscribed[SINGAPORE] UltraGreen.ai surged 12 per cent on Wednesday (Dec 3)...
UltraGreen.ai shares jump 10% from IPO price on SGX mainboard trading debut
[SINGAPORE] Shares of UltraGreen.ai surged 10 per cent on Wednesday (Dec 3) morning from its offer price of US$1.45, as the company debuted on the Singapore Exchange’s mainboard. The...
YouTube says it will comply with Australia’s teen social media ban
The Australian ban is being closely watched by other jurisdictions considering similar age-based measures[SYDNEY] Google’s YouTube said that it will obey Australia’s world-leading ban on social media accounts for...
Stocks to watch: Far East Group, UltraGreen.ai, Infinity Development
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 3): Far East Group : The company on Tuesday announced that its...
Amazon rushes out latest AI chip to take on Nvidia, Google
[WASHINGTON] Amazon.com’s cloud unit raced to get the latest version of its artificial intelligence (AI) chip to market, renewing efforts to sell hardware capable of rivalling products from Nvidia...
Amazon cuts seller fees in Europe in Shein, Temu price war
[LONDON] Amazon is cutting the fees it charges sellers in Europe as it responds to competition from marketplaces such as Shein and Temu that sell clothes, homeware and gadgets...
Oil eases amid uncertainty around Russia-Ukraine peace plan, oversupply worries
[NEW YORK] Oil prices declined 1 per cent on Tuesday (Dec 2) as markets weighed faltering Russia-Ukraine peace hopes against fears of oversupply. Brent crude futures settled 72 US...
Warburg-backed ESR weighs sale of some China assets: sources
The logistics and industrial property investor plans to appoint advisers to help it review options for the sale[HONG KONG] Singapore-headquartered ESR Group - the sponsor for ESR Reit -...
