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Sweden central bank makes biggest rate cut since 2014
SWEDEN’S central bank made its biggest interest rate cut since 2014 on Thursday (Nov 7) and signalled more reductions were forthcoming to…
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Spain seizes 13 tonnes of cocaine hidden behind bananas on a container from Ecuador
MADRID (AP) — Authorities in Spain seized 13 tonnes (13,000 kilograms) of cocaine in a cargo container apparently filled with bananas, in…
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Mexico is bracing for a new Trump presidency after threats of tariffs, deportations, attacks
MEXICO CITY — The election of Donald Trump — whose campaign featured incendiary proposals on tariffs, immigration and combating drug…
News
STI continues upward trajectory after Trump victory, ends Thursday up 2%
THE Straits Times Index (STI) continued moving up on Thursday (Nov 7) as regional indices posted mixed results. It rose 2 per cent or 70.5…
Business
Genting Singapore Q3 profit dives 63% to S$79.4 million
INTEGRATED resort operator Genting Singapore on Thursday (Nov 7) posted net profit after tax of S$79.4 million for the third quarter ended…
Business
Air France-KLM warns of higher annual costs after Q3 profit miss
AIR France-KLM reported a bigger-than-expected drop in its quarterly operating result on Thursday (Nov 7), impacted by the Paris Olympic…
Business
China’s central bank pauses gold purchases for sixth straight month
CHINA’S central bank refrained from purchasing gold for its reserves for the sixth consecutive month in October, according to official…
News
NATO minister issues warning after Donald Trump victory
Europe "urgently needs to take more responsibility" for its own security, Poland's foreign minister has said, after Donald Trump clinched…
Business
Delivery Hero sees 2024 earnings at low end of previous forecast
DELIVERY Hero tempered profit expectations for the year, a sign of strain in the company’s strategic overhaul in the competitive food…
Business
AstraZeneca’s US$1.5 billion manufacturing plant to create over 800 jobs in Singapore
ASTRAZENECA plans to hire more than 800 employees in Singapore including engineering, technical services and global supply chain roles at…
Business
OCBC to make cross-border payments available to over 50 digital wallets by 2026
The bank is starting with Chinese digital wallets Weixin Pay (WeChat Pay) and Alipay OCBC is collaborating with Visa to make cross-border…
Business
China tells banks to cut interbank deposit rates to boost growth
CHINESE regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to…
News
DBS sees upside to 2025 profits under Trump administration
Singapore’s largest lender posts yet another record quarterly net profit of S$3 billion in Q3 DBS expects its pre-tax profits for 2025…
Business
Snow back on Mount Fuji after longest absence
Japan's Mount Fuji has seen its first snowfall after going through the longest period without snow since records began 130 years ago. Snow…
Business
Vietnam sets dong fix rate at record low amid US dollar strength
VIETNAM set its reference rate for the dong at a record low, setting the stage for more weakness in the South-east Asian nation’s currency…
News
Boeing, Airbus to share Taiwan’s China Airlines passenger jet order: sources
TAIWAN’S China Airlines is nearing a decision to split a multi-billion US dollar order for long-distance passenger jets between Airbus and…
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Latest Singapore 6-month T-bill cut-off yield rises to 3.04% after Trump’s win
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) rose to 3.04 per cent, auction results released by the Monetary…
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CNN exit poll shows Kamala Harris' one area of growth in election
Vice President Kamala Harris appears to have improved Democrats' chances among only one voting bloc when compared to four years ago: white…
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Indonesia confident palm oil production can be increased to meet biofuel demand
INDONESIA’S chief economic minister said on Thursday (Nov 7) that he is confident palm oil production can be increased in coming years to…
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China's Xi congratulates Trump, calls for "new era" of US ties
✓ Link copied to clipboard! Chinese President Xi Jinping has congratulated Donald Trump on his win in Tuesday's U.S. presidential contest.…
Business
Today's 'Wordle' #1,237 Answer, hints and clues for Thursday, November 7
One reason for Wordle's enduring popularity is the sense of community it creates among players. The daily word game, owned by The New York…
Lifestyle
NYT 'Connections' November 7: Clues and answers for game #515
Maintaining a Connections win streak is quite a trying task, so if you're in need of some helpful hints and tips then Newsweek has your…
Business
Quick takes: What Trump’s win means for Asia markets, currencies and interest rates
MANY parts of global markets rallied massively as Donald Trump decisively won the US election on Wednesday (Nov 6). US stocks soared, the…
Business
Bulgari CEO sees China luxury market recovering in next two years
CHINA’S luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari chief executive officer…