Culture
Travel platform Klook to delay US listing until early 2026: sources
The company expects investors to be more receptive to an IPO once the holidays are over[HONG KONG] Klook Technology plans to list in the US early next year, according...
Singapore Bank OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago[SINGAPORE] Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management...
OCBC shares continue record-breaking streak to hit S$18.95 as wealth unit shines
[SINGAPORE] OCBC shares surged further to another new high on Wednesday (Dec 3) after a record-breaking performance on Tuesday.OCBC is supported by “outperformance in the wealth franchise, and the...
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
[SINGAPORE] Aletheia Capital has lowered its rating on Wilmar International from “buy” to “sell” on the belief that the agribusiness group’s recent legal woes obscure its “earnings recovery narrative”...
Intel to invest additional RM860 million in Malaysia, PM says
[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations.Anwar...
Genting’s New York casino licence buffers risks in Malaysia
The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds[KUALA LUMPUR] Genting Group won a coveted New York City casino licence that will allow the...
Samsung debuts its first trifold months ahead of folding iPhone
The company has outfitted the TriFold with its suite of Galaxy AI software features[NEW YORK] Samsung Electronics unveiled its first so-called trifold smartphone, flaunting its engineering prowess in foldable...
Ad giant Omnicom to cut over 4,000 jobs, fold legacy brands after IPG takeover
The advertising industry faces a serious threat as artificial intelligence reshapes creative production and tech giants[BENGALURU] Omnicom said on Monday (Dec 1) that it will lay off more than...
Gold edges lower as investors book profits
US rate futures are pricing in an 88% chance of a rate cut in December, according to the CME’s FedWatch tool[BENGALURU] Gold edged lower in early Asian trading on...
Stocks to watch: UOB, Nio, Sanli
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2): UOB : The bank announced on Tuesday that it has priced...
