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JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a quarter-point cut in October after the central bank left…
The United States and Japan reaffirmed their commitment to “market determined” exchange rates, while agreeing that foreign exchange interventions should be reserved for combating excess…
ASIAN markets surged again on Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a Federal Reserve interest rate cut next week. The…
The Seoul-traded chipmaker, whose shares are up roughly 90% over the past year, is now worth close to US$170 billion SK Hynix’s stock climbed as much as 5.9 per cent on Friday (Sep 12) to…
Sime Darby also sells the German luxury vehicles in eight other markets, including Indonesia, Thailand, Australia, Singapore and Malaysia Sime Darby, one of the main dealerships in China…
Gold prices rose on Friday (Sep 12) and were headed for a fourth consecutive weekly gain, as fears of a weakening US labour market eclipsed inflation concerns ahead of an expected US…
The following companies saw new developments that may affect trading of their securities on Friday (Sep 12): CapitaLand Investment (CLI); CapitaLand China Trust (CLCT): CapitaLand…
The firm offers a crypto exchange, a US dollar-backed stablecoin, crypto staking, digital asset custody and a credit card that offers rewards in crypto Gemini Space Station raised US$425…
THE US Federal Trade Commission on Thursday said it is seeking information from several companies including Alphabet, Meta Platforms and OpenAI that provide consumer-facing AI-powered…
The operation has cast doubt over billions of US dollars of South Korean companies’ future investment in the US Construction on a Hyundai Motor-LG battery plant in Georgia that was raided…
MICROSOFT and OpenAI said on Thursday they have signed a non-binding deal for new terms of their relationship that would allow OpenAI to move forward with its plan to restructure itself…
Oil prices slid on Thursday, settling about 2 per cent lower as concerns over possible softening of US demand and broad oversupply offset threats to output from the conflict in the Middle…
The dispute stems from a dilapidation cost agreement made with the former main tenant of its Berlin Campus Subsidiaries of IReit Global have been served with a payment order filed by…
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on track to deliver an interest rate cut later this…
The ECB halved its key rate to 2% in the year to June but has been on hold ever since The European Central Bank left interest rates unchanged on Thursday (Sep 11) as expected but offered…
The stock’s gains also put co-founder Larry Ellison on course to beat Elon Musk as the world’s richest man Oracle’s shares rose on Thursday (Sep 11), adding to a record run in the previous…
Healthcare provider TalkMed announced on Thursday (Sep 11) that it will be delisted from the Singapore Exchange from 9 am on Sep 15. This follows confirmation from TW Troy Limited, a…
Mexico’s plan to levy tariffs of up to 50 per cent on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower production costs mean their…
Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed on Thursday (Sep 11), as investors appeared unperturbed by an Israeli…
South Korean President Lee Jae-myung said on Thursday (Sep 11) he would not pursue plan to revise a capital gains tax on stock investments, conceding that the move risked undermining the…
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting borrowing costs as current levels are sufficient to…
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras) collected S$88.9 billion in tax revenue for the…
Mainboard-listed Centurion Corp is spinning off several of its worker accommodation properties into a Singapore-listed real estate investment trust, or S-Reit. In its initial public…
The development is one of the most ambitious global efforts to supply power-hungry Asian economies that lack the land to generate enough clean energy The US$24 billion renewable energy…
