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Obesity drugmaker Novo Nordisk posts strong profit
Danish pharmaceutical giant Novo Nordisk, maker of the blockbuster diabetes and weight-loss drugs Ozempic and Wegovy, posted on Wednesday (Nov 6) strong third-quarter earnings despite being held back by...
Bank Indonesia signals rate-cut caution as Trump nears victory
BANK Indonesia’s monetary policy will focus on maintaining stability in the short-term as a likely victory for Donald Trump in the US presidential election is set to heap more...
Japan’s Nikkei ends at 3-week high as markets await US election outcome
Japan’s Nikkei share average ended at a three-week high on Wednesday (Nov 6), led by chip and defence stocks, while market participants keenly awaited the outcome of the US...
Tech, manufacturing and China-linked stocks on the line as Asia braces for Trump 2.0
US-China trade tensions are likely to affect the Singapore equity market, say analysts, even as US markets get set to soar ASIAN and Singapore stocks in the tech and...
Toyota keeps profit outlook despite weakness in Japan, China
TOYOTA Motor kept its annual profit outlook intact despite reporting quarterly results that were dragged down in Japan and China, as the Japanese carmaker showed signs of recovery from...
Thai inflation stays below central bank target for fifth month
THAILAND’S inflation stayed below the central bank’s target for a fifth straight month, building pressure on the monetary authority to continue with rate cuts to boost price gains and...
Honda still optimistic about sales despite weak second quarter
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares slumped as much as 8.2 per cent.The Japanese carmaker is...
GM recalls some Chevrolet Bolt electric SUVs for a second time
GENERAL Motors (GM) is recalling some Chevrolet Bolt battery-powered electric vehicles (EVs) because they are at risk of catching fire, three years after a larger callback of the all-electric...
Gold subdued as investors await US election outcome
GOLD prices were muted on Wednesday (Oct 6), as investors held back from taking big positions until the US election’s outcome was known and shifted focus to the Federal...
Gold falls as Trump’s decisive election win drives up US dollar
Bullion tumbled as much as 1.5% as Trump’s victory rippled through global marketsGold fell on a surging dollar as Republican Donald Trump was elected back to the White House...