Asian markets struggle to build on week’s rally
MARKETS fluctuated on Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month. Traders took…
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Fashion
Singapore crowned world’s No 1 container port: report
This is driven by the country’s world-class infrastructure and transparent governance The Republic has been crowned the world’s leading container port in the inaugural edition of the…
OKP shares close 6.6% higher on proposed bonus share issue
Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent in intraday trading on news of its proposed bonus issue of up to 231.3 million shares. The counter…
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7 million in the year-ago period. Its revenue fell 13.4…
Reeves’ UK budget calms markets and party but leaves Britons unhappy
Britons reacted overwhelmingly negatively to Chancellor of the Exchequer Rachel Reeves’ budget, suggesting little relief for the Labour government’s slumping popularity. Respondents to a…
Frasers Property to redeem S$300 million worth of 4.38% perpetuals on Jan 17
Frasers Property on Friday (Nov 28) announced that it will redeem S$300 million worth of perpetual securities on Jan 17, 2026. The securities, which have a S$250,000 face value, are part…
Samsung Electronics expands beyond consumers to B2B in South-east Asia
The company’s offerings are gaining traction in sectors such as education and hospitality South-east Asia’s digitalisation represents an opportunity for Samsung Electronics to expand into…
Britain tries to fix its frayed relations with world’s rich
TECH billionaires, the owners of Premier League football teams and heirs to some of Europe’s oldest fortunes all recently left the UK because of higher taxes. Now, Britain’s finance…
Oil prices settle up in low volume on US holiday; Russia-Ukraine talks in focus
Oil prices rose on Thursday as market participants weighed the likelihood that talks to end the war in Ukraine will yield an agreement, with trading volume thin due to the Thanksgiving…
China’s tech giants move AI model training overseas to access Nvidia chips: report
Alibaba and ByteDance are among the tech firms training their newest large language models in South-east Asian data centres Top Chinese firms are training their artificial intelligence…
OCBC customers unable to log into mobile banking app
OCBC customers are experiencing difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site Downdetector, more than 1,400 reports had been made…
Thai prices hit near 4-month high; India prices ease on weak demand, soft rupee
Thailand’s 5% broken rice was quoted at US$370 per metric tonne, its highest since July 31 Thailand’s rice prices jumped to a near four-month high this week as flooding hit production…
China Taiping Insurance shares hit by over US$200 million exposure to Hong Kong fire
Shares of China Taiping Insurance Holdings fell as much as 8 per cent on Thursday (Nov 27) on concerns about its coverage exposure of more than US$200 million to a Hong Kong apartment…
China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey Chinese automotive suppliers are inundating Germany with low-cost components, piling pressure on…
Singapore stocks track regional gains on Thursday; STI up 0.2%
Across the broader market, gainers outnumber losers 270 to 216 after 1.2 billion securities worth S$1.2 billion change hands. Singapore stocks ended higher on Thursday (Nov 27), tracking…
Japan to boost shorter debt to fund stimulus plan; Fitch warns on rating
The focus on short-term debt likely reflects government concern over recent rises in super-long yields Japan will likely increase issuance of short- and medium-term bonds to fund a massive…
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July The Indian rupee is currently Asia’s worst-performing currency of 2025. It is also on track…
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the gloom While some bank stocks rallied to their…
Japan's Kashiwazaki-Kariwa nuclear plant could restart in January
The prefecture assembly is set to vote on this during its regular session beginning on Dec 2 Japan’s Kashiwazaki-Kariwa nuclear power plant, the world’s biggest, could be restarted as soon…
Malaysia's palm oil exports to China down almost 29% to October
Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market Malaysia’s palm oil exports to China fell by almost 29 per cent in…
Toyota’s October output grows for fifth straight month on strong US demand
Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong US demand for hybrid vehicles that offset weaker sales in Japan and…
Super Dry maker Asahi aims to restore logistics by February following cyberattack
The beverage maker says the personal details of 1.52 million customers may have been leaked in the Sep 29 attack Japan’s Asahi Group on Thursday (Nov 27) said it aims to normalise…
China’s Anta Sports is said to explore potential bid for Puma
Chinese sports apparel company Anta Sports Products is among firms exploring a potential takeover of Puma, according to sources familiar with the matter. Hong Kong-listed Anta has been…
Tether stablecoin stability rating reduced to ‘weak’ at S&P
A crash in Bitcoin’s price this month has left the asset on track for its worst monthly performance The ability of Tether’s USDT stablecoin to maintain its peg to the US dollar has been…