Culture
Wall Street ends lower as yields climb; crypto stocks drop
The crypto market has lost more than US$1 trillion in value since hitting a record of around US$4.3 trillion, according to CoinGecko[NEW YORK] US stocks closed modestly lower on...
European shares kick off December on negative note; Airbus slides
[BENGALURU] European shares ended lower on Monday (Dec 1), with defence and Airbus-led industrial stocks weighing heavily on the main index, kicking off the new month on a cautious...
Wall Street opens lower ahead of Powell speech, manufacturing data
[NEW YORK] Wall Street’s main indexes opened lower on Monday (Dec 1) as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from...
Sanli Environmental raises about S$10 million in placement amid record order book
[SINGAPORE] Catalist-listed Sanli Environmental raised gross proceeds of some S$10 million in its placement of nearly 38.5 million fully paid-up ordinary shares at an issue price of S$0.26 apiece....
UK lenders approve more mortgages than expected in October, consumer lending cools
[LONDON] British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September,...
China’s slow-motion stock rally starts to win investor trust
Blue-chip index CSI300 has matched the S&P 500 with a roughly 16% year-to-date gain[SINGAPORE/SHANGHAI] Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old...
Thai central bank proposes new foreign-exchange rules to ease pressure on baht
[BANGKOK] The Bank of Thailand (BOT) plans to roll out additional measures to ease appreciation pressure on the baht and tighten oversight of gold-related foreign-exchange transactions after the currency...
Airbus says most of its recalled 6,000 A320 jets now modified
It is the first time Airbus has had to deal with global safety attention on such a scale since that crisis[PARIS] Airbus fleets were returning towards normal operations on...
Chinese carmakers retreat from record share of European sales
[LONDON] Chinese carmakers lost ground in Europe in October, slipping back from the record market share they captured a month earlier across the region. In the hybrid categories, where...
Industrial developer Soon Hock secures S$1 billion in project value from 4 projects: UOB Kay Hian
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively[SINGAPORE] UOB Kay Hian initiated coverage on industrial property developer Soon Hock Enterprise with a...
