Business
Fed’s rate-cut plans pre-empt a recession, rather than reacting to one
The Federal Reserve’s latest move is a shift from the hold-steady, wait-and-see approach to an aggressive defence of the US labour market…
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Business
Business
STI falls on Thursday, down 0.3%
Decliners outnumber advancers 322 to 233 across the broader market with 2.4 billion shares worth S$1.4 billion changing hands The Straits…
Business
Sunway group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway group for…
Business
Malaysia's Sunway Group to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith Real estate group Hongkong Land will sell its…
Business
Octave Capital launches US$75 million ocean-focused impact fund with Katapult Ocean
The fund will look at relevant startups in Apac as well as companies from other geographies that could benefit from expanding into this…
Business
HK, Abu Dhabi bourse operators seek to deepen capital market ties
The agreement underscores increasing financial ties between the Asian financial hub and the Middle East Hong Kong Exchanges and Clearing…
Business
Japan's Nikkei closes above 45,000 for first time on tech boost, Fed decision
Japan’s Nikkei share closed above 45,000 for the first time on Thursday (Sep 18), underpinned by technology shares, as optimism swept into…
Business
Legal officer ‘responsible’ for the compliance of fundraising document named in Olivia Lum’s trial
Court hears that Joscelyn Tan, Hyflux’s former legal officer for corporate finance, would have been in charge A former senior legal…
Business
Centurion Accommodation Reit kicks off SGX IPO
The Singapore public offer opens at 10 pm on Thursday, and closes at 12 pm on Tuesday Centurion Accommodation Real Estate Investment Trust…
Business
Centurion Accommodation Reit kicks off public offer of units at S$0.88 each for SGX mainboard listing
The Singapore public offer opens at 10 pm on Thursday, and closes at 12 pm on Tuesday Centurion Accommodation Real Estate Investment Trust…
Business
Winning bidder pays S$18,900 to dine with DBS CEO Tan Su Shan in charity auction
The event is a rare instance of a fundraising in Asia featuring a leading corporate executive Charity meal auctions with billionaire…
Business
Food Empire surges 5.4% after target price raised by Maybank
Shares of Food Empire Holdings (FEH) surged as much as 5.4 per cent on Thursday (Sep 18), two days after Maybank raised its target price.…
Business
Food Empire surges 5.4% after Maybank raises target price
Shares of Food Empire Holdings (FEH) surged as much as 5.4 per cent on Thursday (Sep 18), two days after Maybank raised its target price.…
Business
Food Empire jumps 2.7% after Maybank raises target price
Shares of Food Empire Holdings (FEH) surged as much as 5.4 per cent on Thursday (Sep 18), two days after Maybank raised its target price.…
Business
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
Hong Kong’s central bank on Thursday (Sep 18) lowered its base interest rate by 25 basis points to 4.5 per cent, tracking a cut by the US…
Business
Hong Leong Asia rises 4.6% after UOBKH lifts target price on H1 earnings, data-centre exposure
Hong Leong Asia shares rose on Thursday (Sep 18) after UOB Kay Hian (UOBKH) lifted its target price for the counter earlier this week. As…
Business
Hong Leong Asia closes up 2.9% as UOBKH lifts target price on H1 earnings, data-centre exposure
Hong Leong Asia shares rose on Thursday (Sep 18) after UOB Kay Hian (UOBKH) lifted its target price for the counter earlier this week. As…
Business
Analysts see silver lining for fixed income amid US Fed rate cut, but uncertainty over trajectory weighs on investors
Market watchers believe the US dollar could see near-term resilience while the recent gold rally could slow down Asia’s equities markets…
Business
Fed’s quarter-point rate cut does not signal a sustained easing cycle: analysts
Market watchers believe the US dollar could see near-term resilience while the recent gold rally could slow down Asia’s equities markets…
Business
China leaves policy rate unchanged after Fed rate reduction
China’s central bank left a key interest rate unchanged on Thursday (Sep 18), as authorities appear in no rush to ease monetary settings…
Business
Bank of Japan may raise rates in October even if Takaichi wins leadership race, says ex-central bank official
The Bank of Japan could raise interest rates in October even if Sanae Takaichi, a proponent of aggressive monetary easing, wins the ruling…
Business
Huawei unveils new AI chip tech to rival Nvidia
The Shenzhen-based firm is planning to launch Ascend 950PR early next year, Ascend 950DT chip in late 2026, Ascend 960 in late 2027, and…
Business
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were…
Business
From data centres to finance: analysts identify SGX’s best proxies to capture AI boom
Big names such as Singtel and DBS are among the eight companies identified as potential beneficiaries Even without any direct artificial…