Global shares hover near record highs; gold, silver scale new highs
LONDON, Dec 24 : Global shares steadied near record highs on Wednesday, capping a year of brisk artificial intelligence-driven gains, while commodities, such as gold and silver, extended their bullish run to new all-time highs as 2025 draws to a close. Overnight on Wall Street, the S&P 500 no ...
Stocks up as markets wind down to bumper year; gold and silver smash records
SYDNEY, Dec 24 : Asian shares advanced on Wednesday, capping a year of brisk artificial intelligence-driven gains, while commodities such as gold and silver extended their bullish run to new all-time highs as 2025 draws to a close. Overnight on Wall Street, the S&P 500 notched a closing recor ...
Hongkong Land should do a listed Reit with its Singapore commercial properties instead of a private fund
Leslie Yee - Establish a permanent platform that can grow
Singapore F&B players see stronger festive demand, but retailers report uneven spending
Paige Lim - Hotels and restaurants have not had cutbacks in festive spending despite the challenging economic environment
Waymo to update software after San Francisco power outage snarls self-driving vehicles
WASHINGTON, Dec 23 : Alphabet unit Waymo said on Tuesday it will update software used to operate its self-driving vehicles and improve its emergency response protocols after its robotaxis stalled in parts of San Francisco on Saturday due to a widespread power outage that snarled traffic and grid ...
Waymo vows to improve emergency response protocols after San Francisco power outage
WASHINGTON, Dec 23 : Alphabet unit Waymo said on Tuesday it will expand first responder engagement, improve its emergency response protocols and roll out updates to allow its vehicles to navigate intersections more decisively, following incidents of stalled Waymo robotaxis after a San Franc ...
S Korea pension fund initiates new round of strategic FX hedging to support won, sources say
SEOUL, Dec 24 : South Korea's national pension fund has initiated a new round of strategic foreign exchange hedging operations on Wednesday, two sources familiar with the matter told Reuters, sending the won to its highest level against the dollar in about a month. The National Pension Service ...
Addvalue Tech CEO and chair convert loan notes and warrants to shares
Kwan Wei Kevin Tan - Both the CEO and chair of Addvalue Technologies have increased their holdings in the satellite telecommunications company after converting their convertible loan notes and exercising their warrants. According to a Dec 23 bourse filing, Addvalue CEO, co-founder and executive director Tan Khai Pang ex ...
Stocks to watch: Manulife US Reit, Nam Cheong
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 24):
China trapped in investment slump as infrastructure bonds dry up
CHINA’S local borrowing for infrastructure spending is on pace to hit a six-year low, as Beijing clamps down on risks in a...
Open for business, closed in our hearts? Immigration and the future of Singapore identity
Singaporeans still see citizenship in largely civic terms where contribution and commitment matter
COE supply expected to rise 20% in 2026, but premiums may not fall in proportion
Derryn Wong - Demand for electric vehicles and from private-hire fleets could keep premiums elevated, say industry observers
A clean sweep: How China won the war for your living room floor
The Roomba’s predicament shows how the US is the worse off for its trade dust-up with its peers
Loaded supertanker returns to Venezuelan waters amid US interceptions: TankerTrackers.com
PANAMA-FLAGGED crude carrier Kelly, which had departed from Venezuela carrying oil last week, has returned to Venezuelan waters following the US interception...
Tesla having a very bad year in the EU
China’s BYD is gaining traction on Tesla on the continent
Fleet management firm Motive Technologies reveals revenue growth in US IPO paperwork
Dec 23 : AI-powered fleet management company Motive Technologies on Tuesday disclosed a rise in nine-month revenue in its U.S. initial public offering filing, as companies line up to list early next year.The San Francisco, California-based company reported a net loss of $138.5 million on $3 ...
Motive Technologies files for US IPO
Dec 23 : AI-powered automated operations platform Motive Technologies on Tuesday filed for an initial public offering in the United States.The U.S. IPO market has regained momentum in 2025 but expectations of a stronger rebound were curbed by tariff-driven volatility, a prolonged governm ...
Oil up as market weighs strong US economic growth, supply risks
[NEW YORK] Oil prices settled higher on Tuesday as investors assessed stronger-than-expected US economic growth and the risk of disruptions to oil supply from Venezuela and...
Gold, silver and platinum sparkle at all-time peaks
SILVER extended its record rally on Tuesday, breaching the key US$70-an-ounce mark, while gold and platinum also touched historic highs.
European shares close at fresh record high as Novo Nordisk drives healthcare boost
EUROPEAN shares closed at a new peak on Tuesday, powered by gains in the healthcare sector, after heavyweight Novo Nordisk clinched US approval...
US stocks: S&P registers record close as growth stocks advance
[NEW YORK] US stocks rose on Tuesday and the S&P 500 notched a closing record after a flurry of economic data that included a...
Apple to allow third-party app stores in Brazil to settle iOS case with regulator
SAO PAULO, Dec 23 : Apple will allow other app stores besides its own in the tech giant's iOS operating system in Brazil to settle a three-year case with the country's antitrust regulator CADE, both parties said on Tuesday.An internal panel at CADE formed a majority to accept Apple' ...
Equities rise after strong US data; yen firms on currency warnings
NEW YORK/LONDON, Dec 23 : Major stock indexes were up while Treasury yields were little changed on Tuesday after stronger-than-expected U.S. economic data, while the yen shot up after warnings from Tokyo on its readiness to support the battered currency.The pan-European STOXX 600 index registered a ...
US judge blocks Texas app store age law meant to protect children
WASHINGTON, Dec 23 : A federal judge in Texas on Tuesday blocked Texas from enforcing a new state law aimed at protecting children by requiring app stores and developers to verify the age of users, in a win for Apple , Alphabet's Google and other technology companies.U.S. District Judge Robe ...
Trump's AI hiring campaign draws interest from 25,000 hopefuls
WASHINGTON, Dec 23 : Roughly 25,000 people have expressed interest in joining the Trump administration's cadre of engineers known as Tech Force, a senior Trump administration official said on Tuesday, as the U.S. government looks to install staff with artificial intelligence expertise in fed ...
US airlines see record holiday travel even as airfares climb
A daily average of 2.9 million passengers will travel between Dec 19 and Jan 5, up 1.5% from a year earlier
US delays slapping tariffs on China chips until 2027
Chinese Embassy in Washington expresses opposition to any tariffs
US holds off on new China chip tariffs amid Trump-Xi truce
This decision is the latest signal that the Trump administration is seeking to stabilise ties with China
US delays announcement of China chip tariffs until 2027
The move represents the latest effort by President Donald Trump to dial down tensions with Beijing
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates
Wall Street opens lower as yields rise after GDP data
[NEW YORK] US stock indexes opened lower on Tuesday (Dec 23) after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight...
US dollar retreats as prospect of Fed rate cuts overshadows growth data
NEW YORK, Dec 23 : The U.S. dollar weakened on Tuesday in a holiday-shortened week after data showing strong growth in the world's largest economy failed to shift sentiment on a currency under pressure from expectations of Federal Reserve interest rate cuts next year.The report bolstered vie ...
US dollar falters as markets focus on Fed easing over growth data
NEW YORK/LONDON, Dec 23 : The U.S. dollar fell on Tuesday in a holiday-shortened week, weighed down by expectations of more rate cuts next year, though it trimmed losses against the yen and euro after data showed strong third-quarter growth in the world's largest economy.The report bolstered ...
US dollar trims losses after stronger-than-expected growth data
NEW YORK, Dec 23 : The U.S. dollar curbed its losses against the yen and euro on Tuesday, after data showed the world's largest economy posted higher-than-expected growth in the third quarter, reinforcing expectations the Federal Reserve will pause cutting rates at its January meeting. ...
