Leadership
Singapore shares open lower on Friday; STI down 0.5%
SINGAPORE stocks opened lower on Friday (Dec 20), following another downbeat session on Wall Street as the US Federal Reserve’s hawkish pivot continued to weigh on sentiment.The Straits Times...
Singapore shares mirror regional declines; STI down 1.1%
THE Straits Times Index (STI) continued to falter on Friday (Dec 20), mirroring regional indices.
The STI was down 1.1 per cent or 42.95 points at 3,719.93. The top...
Nvidia’s Vietnam deal: a game changer or just noise?
IN VIETNAM, Google Trends – a feature that shows what people are searching for online in real-time – is usually dominated by...
Cromwell E-Reit divests 2 office assets in Italy for 20.9 million euros
This increases the Reit’s exposure to the logistics and light industrial sectorCromwell European Real Estate Investment Trust (Cromwell E-Reit) announced on Friday (Dec 20) that it entered two sale...
China’s ‘old shop’ jeweller bucks slowdown with 437% stock rally
IF ANYTHING glitters in China’s otherwise dour retail jewellery landscape, chances are it just might be from Laopu Gold.The Bejing-based jeweller, whose Chinese name translates to “old shop”, is...
Oil drops as dour economic outlook adds to oversupply concerns
OIL prices fell on Thursday (Dec 19) after central bankers in the US and Europe signalled caution over further easing of monetary policy, fanning concerns that weak economic activity...
Fed’s hawkish tilt has emerging markets scurrying to save currencies
CENTRAL banks from Brazil to Indonesia scrambled to defend their struggling currencies on Thursday (Dec 19), hours after the Federal Reserve jolted markets by indicating it may not cut...
Scoot apologises after KL-bound flight took off 1½ hours earlier than scheduled on Nov 1
BUDGET carrier Scoot has apologised after one of its flights took off from Changi Airport about 1½ hours earlier than scheduled on Nov 1.
Scoot flight TR456 was originally scheduled...
