Stocks slip as markets eye US data barrage, Japan PM's meet with BOJ chief
SYDNEY :Asian stocks slid in early trade on Tuesday, as financial markets waited on a rush of key U.S economic data delayed by the government shutdown while investors rolled back bets of a Federal Reserve rate cut next month.Traders are looking to the U.S. data to provide clues on the health of the ...
On tiny Christmas Island, Google spurs renewable energy push for Indian Ocean data hub
SYDNEY :Australia's remote Indian Ocean outpost of Christmas Island has enough power to support a new Google data centre without depriving locals, but its arrival could spur a push to renewable energy, the island's biggest employer and the tech giant said.Alphabet's Google announced o ...
Gold extends falls on firm US dollar, easing Fed rate-cut bets
Traders are currently pricing in a 43% probability of a quarter-point Fed rate cut next month, down from 50% in last week
Yangzijiang Maritime closes 11.7% above issue price of S$0.60 in active trading debut
Chloe Lim - It has raised gross proceeds of at least S$5.2 million via a private placement of around 8.6 million fully paid ordinary shares
Yangzijiang Maritime hits S$0.71 in active trading debut; above issue price of S$0.60
Chloe Lim - It has raised gross proceeds of at least S$5.2 million via a private placement of around 8.6 million fully paid ordinary shares
Yangzijiang Maritime hits S$0.71 in active trading debut; ahead of issue price of S$0.60
Chloe Lim - [SINGAPORE] Shares of Yangzijiang (YZJ) Maritime on Tuesday (Nov 18) morning reached S$0.71 with its debut on the mainboard of the Singapore...
Oil slips as loadings resume at Russian hub; markets weigh sanctions impact
Oil prices dipped on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, briefly halted by a Ukrainian drone and missile strike, while traders continued to assess the impact of Western sanctions on Russian flows.Brent crude futures were down 28 cents, or 0.4 per ...
Oil steadies as markets weigh Russia sanctions and glut forecasts
LONDON :Oil prices steadied on Tuesday, regaining ground after early losses, as traders weighed the impact of Western sanctions on Russian oil flows against an expected supply surplus next year.Brent crude was up 2 cents at $64.21 a barrel by 1031 GMT. U.S. West Texas Intermediate (WTI) crude gained ...
‘Baby Shark’ producer Pinkfong shares soar in South Korea after IPO
The company says listing proceeds will fund new characters, premium animations and global pop-up stores
‘Baby Shark’ creator Pinkfong shares surge up to 62% on debut
The debut also comes as South Korean entertainment grows in popularity worldwide, thanks to K-pop bands such as BlackPink and BTS
GlobalFoundries acquires Singapore semiconductor firm in push to expand AI portfolio
Lionel Lim - Advanced Micro Foundry specialises in silicon photonics, a technology that allows for faster and more efficient data transmission
Coliwoo to launch 6-storey co-living space at Middle Road in Q1
Therese Soh - It will offer lifestyle amenities, wellness features and social spaces
Looking for yield? These are the 10 top dividend-paying ETFs on the SGX
Deon Loke - The Lion-OCBC Securities SG Low Carbon Index ETF posted the highest indicated dividend yield
Malaysia-based restaurant software platform FeedMe raises US$5 million
Russell Marino Soh - The funding will be used to accelerate its expansion into the Thai market
Hong Kong property concerns deepen among bankers and regulators
HONG Kong bankers and regulators are signalling growing concern over the city’s deepest real estate downturn since the Asian financial crisis.
Stocks to watch: SIA, SGX, YZJ Shipbuilding, CDL, YZJ Financial, StarHub, Coliwoo
Therese Soh - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 18):
Japan finance minister says 'alarmed' over yen's volatility
TOKYO :Japanese Finance Minister Satsuki Katayama on Tuesday expressed concern over recent foreign exchange movements, as the yen sank to fresh nine-month lows versus the dollar."As we have recently been seeing one-sided, rapid moves in the foreign exchange market, we have been alarmed," K ...
"Baby Shark" maker Pinkfong shares soar in South Korean market debut after IPO
SEOUL :Shares in South Korea's The Pinkfong Company, maker of popular children's song "Baby Shark," traded as high as 61,500 won per share on Tuesday after its market debut, more than 60 per cent above its initial public offering price of 38,000 won per share. The "Baby Sha ...
Shares in Baby Shark studio jump on market debut
SEOUL: Shares in the South Korean studio behind the ultra-catchy Baby Shark - YouTube's most-viewed video - surged as much as 60 per cent on Tuesday (Nov 18) as the company made its market debut in Seoul.Beloved by young children, Baby Shark Dance has racked up more than 16 billion views on You ...
Arm to offer Nvidia’s NVLink technology in AI data centre chips
[SAN FRANCISCO] Arm Holdings plans to start incorporating Nvidia’s NVLink technology into chip designs for artificial intelligence (AI) data centres, tightening the...
US airlines may see weaker holiday traffic amid shutdown fallout
Bookings for Christmas travel are also below expectations
World’s top aluminium producer adds markups as Trump tariffs drive up consumer costs
The US relies heavily on foreign aluminium supplies as it does not have the capacity to produce enough to meet demand
Wall Street regulator drops emphasis on crypto sector exams for 2026
WASHINGTON :The U.S. Securities and Exchange Commission on Monday dropped its emphasis on the oversight of companies offering crypto asset-related services as part of its priorities for examining Wall Street firms for the current fiscal year, according to an annual statement published by the agency. ...
China raised gold reserves by 15 tonnes in September, Goldman says
The bank still sees the precious metal prices reaching US$4,900 an ounce by the end of next year
Archer Aviation to supply electric powertrain to Anduril, EDGE for Omen drone
Archer Aviation said on Monday it will supply its electric powertrain for the Omen autonomous air vehicle, being co-developed by U.S. defense technology firm Anduril Industries and UAE-based EDGE group.The agreement marks Archer's first third-party application of its powertrain, currently used ...
Is China winning the competition with the US in South-east Asia?
As Asean navigates great power rivalry, the bloc’s nations may well favour Beijing’s comprehensive approach
Google asks court to dismiss conservative influencer's AI defamation lawsuit
Google on Monday asked a Delaware state court to dismiss conservative influencer Robby Starbuck's allegations that its artificial intelligence systems defamed him by falsely calling him epithets including a "child rapist," "serial sexual abuser" and "shooter."The t ...
UN Security Council adopts US resolution on Trump’s Gaza plan
The US president’s 20-point plan is included as an annexe to the resolution
China buys at least 14 cargoes of US soybeans for Dec-Jan shipment, traders say
[CHICAGO] China’s state-owned grain trader COFCO bought at least 14 cargoes of US soybeans on Monday, or at least 840,000 metric tons,...
Australia’s TPG Telecom says customer died after failed emergency call due to ‘outdated Samsung software’
AUSTRALIA’S TPG Telecom said on Tuesday a customer died after failing to make emergency triple zero (”000”) calls on the company’s network...
Australia’s TPG Telecom says customer died after failed emergency call due to outdated software
AUSTRALIA’S TPG Telecom said on Tuesday a customer died after failing to make emergency triple zero (”000”) calls on the company’s network...
Amazon founder Bezos returns to CEO role with AI startup
[LOS ANGELES] Amazon founder Jeff Bezos is returning to an operational leadership role for the first time in four years, taking the...
Deutsche Bank joins Barclays, Apollo targeting energy transition deals
Transition is supposed to convey the notion of transforming an asset to green from brown
US Fed official backs further rate cut due to weak job market
A KEY Federal Reserve official said Monday that he supports a third consecutive interest rate cut by the US central bank in...
