Strong US economy and ‘Trump trades’ boost greenback
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming presidential election continued to impact markets.…
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Fashion
Syngenta seeks US$3 billion ESG loan, Asia’s biggest this year
AGROCHEMICALS giant Syngenta Group is seeking a US$3 billion sustainability-linked loan, in what would be Asia’s largest US dollar facility linked to environmental, social and…
Citic to sell stake in McDonald’s China, HK operations for US$430.3 million
CHINA’S state-owned Citic has agreed to sell its 19.23 per cent stake in the company that operates fast-food chain McDonald’s across China and Hong Kong for US$430.3 million, fully exiting…
Great Eastern gets further extension to Jan 24 to explore options for free float rule
GREAT Eastern Holdings now has until Jan 24, 2025, to explore options to comply with free float requirements under the Singapore Exchange’s (SGX) listing rules. The insurer had made an…
Sembcorp inks deal to produce green hydrogen with Indonesia’s PLN
The facility in Sumatra will churn out 100,000 metric tonnes of green hydrogen a year SEMBCORP Industries said on Monday (Oct 21) that its wholly owned subsidiary, Sembcorp Utilities, is…
Opinion: The risks of sharing your DNA with online companies aren't a future concern. They're here now
Turmoil at 23andMe, a company offering popular at-home DNA testing, has upset the industry. Following the resignation of every independent member of the company’s board of directors, its…
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency (IEA). “This year,…
UBS sells its 50% stake in Swisscard to American Express
UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank’s 50 per cent stake in credit card provider Swisscard. UBS will sell its 50…
ABS partnership outlines best practices for anti-money laundering audits in banks
THE Association of Banks in Singapore (ABS) has launched Singapore’s first industry-led best practice paper to enhance anti-money laundering/countering the financing of terrorism (AML/CFT)…
CAG unit forms JV to manage Haikou Meilan International Airport non-aeronautical operations
A UNIT of Changi Airport Group has entered a joint venture (JV) to manage the non-aeronautical commercial operations at Haikou Meilan International Airport. Changi Airports International…
Bitcoin flirts with US$70,000 after US$2.4 billion inflow into ETFs
BITCOIN pushed higher on Monday (Oct 21) as a spurt of inflows into exchange-traded funds (ETFs) for the largest digital asset as well as optimism about the outlook for US regulations…
Keppel and Australia’s biggest gas developer sign deal for liquid hydrogen to power Singapore data centres
Conditional agreement paves way for binding deal for Woodside Energy to supply the fuel from as early as 2030 Keppel has tied up with Woodside Energy, Australia’s largest oil and gas…
Singapore shares open almost flat on Monday; STI dips 0.04%
SINGAPORE shares began Monday (Oct 21) trading nearly flat despite weekend gains in markets abroad. As at 9.02 am, the Straits Times Index (STI) dipped 0.04 per cent or 1.59 points to…
Stocks to watch: Keppel, CDL, SingPost, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Oct 21): Source link
Beijing bourse plans to help smaller tech companies to list
THE Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday (Oct 20), as part of…
Frasers Centrepoint Trust rides on resilience of prime suburban malls in Singapore
CEO of FCT’s manager says big is better to keep ahead of competition, sees progressive wage model increasing propensity to spend in catchment areas RICHARD Ng, the chief executive officer…
Singapore’s role as commodities hub increasingly crucial amid rising trade tensions, demand for compliance: market watchers
A dense network of global traders allows businesses to source from alternative markets directly from the Republic when needed AS GEOPOLITICAL tensions divide the world, connector countries…
Singapore’s commodity hub in spotlight as it oils global market fragmented by geopolitical tensions
A dense network of global traders allows businesses to source from alternative markets directly from the Republic when needed AS GEOPOLITICAL tensions divide the world, connector countries…
Liverpool vs Chelsea Live Streaming: How to Watch the Premier League Match Online in the US, UK and India
The Reds will face a revitalized and formidable Chelsea team on Sunday. After a tumultuous season last year, the Blues have embraced a dynamic and attacking style of play, resulting in a…
Who Is Abu Zamar? Yahya Sinwar's Wife Spotted With Birkin Bag Worth $32,000 as She Fled Into Gaza Tunnel Hours Before Hamas' October 7 Attack
Hamas leader Yahya Sinwar's wife was reportedly seen fleeing into a Gaza tunnel with a $32,000 Birkin bag just hours before the October 7 massacre, according to Israeli officials. Sinwar,…
Yahya Sinwar: IDF Releases Chilling Photos of Hamas Leader's Underground Bunker as New Video Shows Terror Chief's Activities Hours Before Oct. 7 Attack
Disturbing images show Hamas leader Yahya Sinwar hiding in relative comfort within his underground bunker while he ordered his group to carry out Israel's deadliest massacre. Declassified…
Canadian dollar falls for third week on jumbo rate cut bets
THE Canadian dollar steadied against its US counterpart on Friday (Oct 18)but was on track for its third straight weekly decline, as oil prices fell and investors bet on an unusually large…
Temasek, Saudi Arabia’s PIF rated highest for credit metrics and liquidity by Moody’s
SINGAPORE’S Temasek Holdings and Saudi Arabia’s Public Investment Fund (PIF) have the strongest intrinsic credit quality, among the 11 government-owned investment holding companies (IHCs)…
Boeing proposes 35% wage hike in new bid to end lengthy strike
Boeing and the union representing 33,000 striking workers reached a tentative agreement on a new contract with help from the White House, underscoring the high stakes to end a work…