Singdollar stays above S$1 to 120 yen mark
The Singapore dollar stayed above the S$1-to-120 yen mark on Thursday (Nov 20), standing at 120.39 yen as at 6.35pm, after having peaked at 120.64 at around 3pm, Bloomberg data indicated.…
Section
Fashion
Fresh high: Singdollar stays above S$1-to-120-yen mark
The Singapore dollar stayed above the S$1-to-120-yen mark on Thursday (Nov 20), standing at 120.39 yen as at 6.35pm, after having peaked at 120.64 at around 3pm, Bloomberg data indicated.…
Bitcoin erases 2025 gains as investors fret over the macro environment
As at Nov 20, cryptocurrency’s value is 2.4% lower than that at the start of the year Bitcoin’s correction has erased the gains it made in 2025, just over a month after it hit a new…
As Elon Musk plans a robot army, China's humanoid bots are already on the market
As Elon Musk touted plans to eventually manufacture an army of Tesla bots in Silicon Valley this month, humanoid robots were already being produced and sold to consumers in China. Chinese…
Is there an AI bubble and has it started to burst?
The artificial intelligence boom seems unstoppable, but a growing number of investors and other observers worry it could be a bubble about to burst. After skyrocketing more than 50% from…
ComfortDelGro unveils senior leadership changes
Transport operator ComfortDelGro on Thursday (Nov 20) announced senior leadership changes, which included the creation of a new “point-to-point mobility officer” role. Derek Koh will step…
Singapore stocks rise as market cheers new SGX announcements; STI up 0.2%
Frasers Logistics & Commercial Trust is top gainer on benchmark index; three local banks also end higher Singapore stocks ended higher on Thursday (Nov 20), as the market cheered the…
DBS, UOB, OCBC, Jardine among stocks that could gain from smaller board lot sizes
US-listed Grab might have been dual-listed in Singapore if the Singapore Exchange’s (SGX) latest push for dual listings was around at the time they went public on the Nasdaq in 2021. On…
BNP starts buyback, boosts capital goal after share drop
BNP Paribas announced a new buyback and plans to reach a target for capital strength early as chief executive officer Jean-Laurent Bonnafe seeks to reverse a recent slide in the stock…
Google opens new AI engineering centre in Taiwan
Alphabet’s Google on Thursday opened in Taiwan its biggest artificial intelligence (AI) infrastructure hardware engineering centre outside of the US, in what Taiwan’s president said was a…
OCBC app adds 8 digital wallets from across South-east Asia
Local bank OCBC on Thursday (Nov 20) said that it has added eight digital wallets from South-east Asia, enabling customers in Singapore to transfer money directly from their accounts to…
Heavy rain in Vietnam’s top coffee-growing region threatens crop
Heavy rain has delayed harvesting in Vietnam’s biggest coffee-growing province of Dak Lak, and further downpours risk damaging crops and crimping output in the world’s top producer of…
Chinese copper demand sags in busy season after prices surge
A slump in government spending, meanwhile, has kicked away another prop to demand As the busy period for Chinese manufacturing draws to a close, copper consumption has largely…
Nvidia’s Huang says company has plenty of new chips to sell
Nvidia chief executive officer Jensen Huang said his company has enough new Blackwell chips to meet increasing demand and that business is “very, very strong”. Speaking on Bloomberg…
Gold gains with traders awaiting US data for fresh Fed cues
Traders now see nearly a 33% chance for a rate cut at the Fed’s Dec 9 to 10 meeting Gold prices edged higher on Thursday (Nov 20), as investors looked forward to the release of the delayed…
China leaves benchmark lending rates unchanged for the sixth straight month
October economic data, including a contraction in exports and a further slowdown in retail sales, point to a tougher fourth quarter, analysts say China left benchmark lending rates…
China investment bank CICC to acquire two smaller rivals
Beijing is trying to cultivate first-class domestic investment banks capable of standing up to global heavyweights China International Capital Corporation (CICC) plans to acquire two…
Australia banking regulator warns on elevated risks from abroad
APRA and other regulatory agencies are attempting to strengthen the system with further work dedicated to geopolitical risk Risks to Australia’s financial system from overseas are…
Asia’s currency-defence war chest has swelled to US$8 trillion
The major central banks in the region have added more than US$400 billion to their reserves this year Asia’s foreign-exchange (FX) reserves have surged to almost US$8 trillion, providing…
Geely-linked car electronics maker eager to shed Chinese roots
Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company Ecarx Holdings, the Nasdaq-listed automotive electronics firm controlled by the founder of…
Crypto exchange Kraken confidentially files for US IPO
Analysts expect crypto companies to try and go public before the midterm elections next year Kraken, one of the world’s largest cryptocurrency exchanges, said on Wednesday (Nov 19) that it…
Warner Music Group and AI startup Udio reach agreement in fight over copyrighted music
Warner Music Group on Wednesday said it reached an agreement with artificial intelligence startup Udio, ending a legal battle over concerns that copyrighted music was being used to train…
SGX to reduce board lot size for securities above S$10
Those investors who have been toying with the idea of adding blue-chip stocks to their portfolio but have been put off by their prices may now be able to get a piece of the action. The…