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China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins[BEIJING/SHANGHAI] China’s Internet platforms are quietly reviving consumer lending, taking Beijing’s...
Australian dollar climbs on US shutdown hopes, hits 12-year high on kiwi
[SYDNEY] The Australian dollar climbed on Monday amid hopes that the US government shutdown may end, while still hawkish commentary from a top central banker helped it extend a...
Analysts positive on Singtel unit’s S$1.5 billion Bharti Airtel sale
Separately, Singtel and KKR are in talks to acquire all of ST Telemedia Global Data Centres they do not already own for more than S$6.4 billion[SINGAPORE] Analysts were positive...
ASX appoints new compliance chief amid pressure to deliver on turnaround plan
AUSTRALIAN stock exchange operator ASX has appointed Lucinda McCann as its new chief compliance officer with immediate effect, the company said on Monday, amid mounting pressure to deliver on...
SingPost tumbles 3.6% after announcing H1 profit drop
[SINGAPORE] Shares of Singapore Post (SingPost) fell by as much as 3.6 per cent or S$0.015 to S$0.405 after the company announced its financial results for its first half...
YZJ Financial shares close down 51.4% on ex-entitlement to YZJ Maritime shares
YZJ Maritime is a spin-off of YZJ Financial and is scheduled to be listed on the mainboard this month[SINGAPORE] Shares of Yangzijiang (YZJ) Financial fell nearly 61 per cent...
Oil steadies as traders weigh up surplus concerns and sanctions
OIL steadied as traders weighed concerns about a glut and fallout from US sanctions against Russia at the start of a data-heavy week.Global benchmark Brent traded above US$63 a...
Stocks to watch: Singtel, UMS, SingPost, Cortina, mm2 Asia, Addvalue Tech
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 10): Singtel : Singtel sold 0.8 per cent of its direct stake...
SingPost H1 profit down 12.8% at S$19.7 million amid divestments, tough e-commerce business
[SINGAPORE] Singapore Post (SingPost) posted a 12.8 per cent drop in net profit to S$19.7 million for its first half year ended Sep 30, from S$22.6 million in the...
Hong Kong poised to reclaim top global IPO ranking in 2025
Geopolitical tensions and regulatory backlash in the US against Chinese stocks are working in the city’s favour[HONG KONG] Hong Kong is well on track to finish 2025 as the...
Micro-Mechanics builds the tools behind the ‘next generation’ of chips worldwide
It sees opportunities in US and China as chip technology and global trends provide tailwinds[SINGAPORE] As he takes the helm of the company his father led for four decades,...
US flight delays, cancellations accelerate as air traffic controller shortages surge during shutdown
[WASHINGTON] Airlines cancelled more than 2,200 US flights on Sunday and Transportation Secretary Sean Duffy warned air travel will fall to a “trickle” in the run-up to the Thanksgiving holiday as...