CNN pulls stories from Apple News feed, Semafor reports
CNN has removed its stories from Apple News, ending its content-sharing agreement with the platform, Semafor reported on Sunday.The two companies are discussing a new deal that would restore CNN's stories to Apple News, the report said.Reuters could not immediately verify the report. Apple and ...
OCBC steps up anti-scam measures with in-app calling feature
Nurdianah Md Nur - OCBC Bank will progressively make in-app calling available to its retail banking customers, giving them an easier way to reach the bank while reducing exposure to phone-based scams. The bank expects the capability to be especially valuable to customers who need urgent assistance while abroad, such a ...
Scammed while travelling? OCBC rolls out free in-app calls for all customers
Chloe Lim - Bank says business and retail customers currently make over 8,000 calls to the bank each month while overseas
Three companies picked to supply methanol at Singapore port in drive to be sustainable bunkering hub
Shikhar Gupta - Global Energy Trading, Golden Island and PetroChina issued licences to supply methanol as marine fuel
UBS values Sembcorp Industries at $7.65 from value unlock
The Edge Singapore - UBS has issued a report valuing Sembcorp Industries (SCI) at $7.65 per share, up from its last done share price of $6.13 on Nov 24. The rationale is that SCI could unlock $3.5 billion to $5.5 billion in proceeds from its Indian portfolio if it were fully monetised. “Amid news reports that SCI is e ...
Gold dips as US dollar firms on reduced rate-cut prospects
The precious metal, a non-yielding asset, tends to do well in low-interest-rate environments
Parsing China's economy by looking through where glass prices slide
Tommy Xie - I wrapped up my final business trip of the year last week, and as usual, it came with the “China macro field-trip package”: conversations with regulators, corporates, and institutional clients. Sentiment remained mixed, though the obsession with Trump’s tariffs seems to be fading slightly. Man ...
Analysts reaffirm their respective ‘buy’ calls on Centurion Corp following 3QFY2025 business update
Teo Zheng Long - Numerous analysts are keeping their “buy” call on Centurion Corporation with their target prices ranging from $1.52 to $1.90, following the recent business update for 3QFY2025 ended Sept 30. Eric Ong of Maybank Securities has maintained his “buy” call on Centurion Corporation with a target p ...
Oil prices edge higher as US interest rates and Ukraine peace talks jostle for attention
NEW YORK :Oil prices edged up on Monday as investors gave more weight to the chances of a U.S. interest rate cut over the prospect of a peace deal in Ukraine that could lead to an easing of sanctions on Russian oil.Brent crude futures rose by 22 cents, or 0.4 per cent, to $62.78 a barrel by 11:05 a. ...
Oil declines further as investors weigh hopes for Ukraine peace talks, Fed rate cut
LONDON :Oil prices fell on Monday, extending last week's decline of about 3 per cent, as investors weighed the chances for a U.S. rate cut against the prospect of a Ukraine peace deal that could lead to an easing of sanctions on major producer Russia. The United States and Ukraine were set to r ...
Oil steady as investors weigh hopes for Ukraine peace talks, Fed rate cut
NEW DELHI :Oil prices took a breather on Monday after last week's fall of about 3 per cent, as investors weighed the chances for a U.S. rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions. The United States and Ukraine wer ...
Oil becalmed as investors weigh hopes for Ukraine peace talks, US rate cut
NEW DELHI :Oil prices took a breather on Monday after last week's fall of about 3 per cent, as investors weighed the chances for a U.S. rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions. The United States and Ukraine wer ...
Vantage Data Centers completes JS-SEZ campus buyout after US$1.6 billion GIC-led injection
Shikhar Gupta - Additional capital earmarked for the further growth of Vantage’s Apac platform
Vantage Data Centers completes JS-SEZ campus acquisition following US$1.6 billion injection from GIC and partners
Shikhar Gupta - Additional capital earmarked for the further growth of Vantage’s Apac platform
GoTo CEO Patrick Walujo steps down amid leadership reset; job goes to COO Patuwo
Elisa Valenta - Change comes amid talk that GoTo has finalised a merger deal with Singapore’s Grab
GoTo CEO Patrick Walujo steps down amid leadership reset
Elisa Valenta - It nominated chief operating officer Hans Patuwo to replace Walujo
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
Shikhar Gupta - This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore
Faith and farsightedness: navigating a diverse and growing islamic investment market
MSCI - In recent years Islamic finance has evolved from niche to mainstream. With global assets under management (AUM) in the Islamic finance sector projected to reach US$7.5 trillion ($9.8 trillion) by 2028 from US$4.9 trillion in 2023,[1] there is a growing need for a deeper understanding of both how Sha ...
Macquarie Asset Management offers US$7.5 billion for logistics firm Qube
The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail transport services
Far East Orchard targets $3 bil AUM of core assets by 2030; sees hospitality, PBSA and funds as growth drivers
Felicia Tan - Far East Orchard is targeting to reach assets under management (AUM) of $3 billion in core assets by 2050, up from $2 billion in 2025. The group is also aiming to reach 25,000 rooms and 85,000 beds in five years’ time, up from its current 17,500 rooms and 55,000 beds as at November this year. The ...
Trump says television networks shouldn’t be able to ‘enlarge’
The US president’s post comes as Time Warner is exploring a potential sale
Lum Chang Creations subsidiary secures 2 contracts worth S$63.4 million
Chloe Lim - They are awarded by MSF and Orchard Road Presbyterian Church
Stocks to watch: Jardine Matheson, Mandarin Oriental, BRC Asia, Lum Chang Creations
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 24):
Marco Polo Marine to report ‘significantly higher’ NPAT for FY2025
Felicia Tan - Marco Polo Marine is expecting to report a “significantly higher” net profit after tax (NPAT) for the FY2025 ended Sept 30. The increase is mainly due to the reversal of impairment losses on certain losses and the disposal of the group’s shareholding interest in its joint venture company, Marc ...
Sanli Environmental, up 190% year to date, halts trading
Jovi Ho - Water and waste project developer Sanli Environmental has called for a trading halt, issued on SGXNET at 7.35am on Nov 24. Listed on the Catalist board in 2017, Sanli has only called for a trading halt twice before — on July 1 this year and on July 15, 2021. Both halts were called prior to the sta ...
China’s grip on copper sets scene for make-or-break supply talks
Tensions have been building for years, fuelled by a rapid expansion of metal-processing capacity that has outpaced mined production
Snap starts checking users ages before Australian under-16 ban
SNAP will start checking many users’ ages in Australia as it prepares for a world-first social media ban for under-16s next month.
BHP walks away after fresh approach for Anglo American fails
Under the UK Takeover Code, the Australian mining giant is now barred from making a bid for six months
China’s Premier Li Qiang launches charm offensive on rare earths at G20
European nations have been hit hard by the Asian nation’s decision to require export licenses for metals with military purposes
Morningstar increases Nvidia’s fair value estimate to US$240, sees ‘no signs’ of near-term AI bubble
Felicia Tan - Morningstar Research senior equity analyst Brian Colello has kept his “four star” rating on Nvidia after the semiconductor firm reported a record revenue of US$57 billion ($74.31 billion) for the 3QFY2025 ended Oct 26, 22% higher q-o-q and 62% up y-o-y. Generally accepted accounting principles ( ...
SGX-Nasdaq dual-listing bridge may afford GIC, Temasek bigger role in revitalising local market
Ben Paul - MAS says EQDP and the Anchor Fund @ 65 will support fundraising activity and trading liquidity on the new Global Listing Board
Nasdaq 100 rally shows signs of stalling
Since early November, the Nasdaq 100 index has seen a notable pullback of around 6 per cent as at the time of...
Nvidia didn’t save the market. What’s next for the AI trade?
An index of chip-related stocks is down 11% in November and on pace for its worst month since 2022
UPS, FedEx scramble to shore up networks drained by deadly crash
The grounding has drained capacity and complicated operations for the world’s largest package delivery companies just as shipping volumes surge for the...
