Leadership
Malaysian Resources exits high-speed rail bid, Berjaya says
MALAYSIAN Resources has withdrawn from a consortium that is bidding for a proposed multi-billion dollar high-speed rail line between Kuala Lumpur and Singapore, according to one of its partners,...
PBOC offers strongest yuan support since July after US dollar gains
CHINA ramped up support for the currency via its daily reference rate after US Federal Reserve’s caution over future interest rate cuts boosted the US dollar and sent the...
Bank of England set to skip rate cut as stagflation looms
THE Bank of England (BOE) is likely to warn of only gradual interest-rate cuts in 2025, ending the year with a cautious message to investors as the spectre of...
STI retreats 0.5% after US Fed signals fewer rate cuts; bank shares, Reits fall
SINGAPORE shares traded in negative territory on Thursday (Dec 19) afternoon, tracking broader losses in Asia after the US Federal Reserve signalled fewer interest rate cuts next year.As at...
US backs off effort to recall about 50 million airbag parts
US AUTO safety regulators backed down from forcing a recall of about 50 million airbag inflators they have said could explode in a crash, de-escalating a fight that has...
Stocks to watch: Asia-Pacific Strategic Investments
THE following company saw developments that may affect the trading of its securities on Thursday (Dec 19): Asia-Pacific Strategic Investments: The Catalist-listed company has agreed to operate and manage...
Apple halts effort to build iPhone hardware subscription service
APPLE has halted work on a project to build an iPhone hardware subscription service, according to sources familiar with the matter, retreating from an attempt to change the way...
Return of the Reits? Singapore’s IPO scene set to come alive after subdued year
However, industry watchers remain cautious amid the return of Donald Trump as his policies may keep inflation up, slowing the pace of rate cutsSINGAPORE’S status as a real estate...
Oatly to shut S$30 million plant jointly invested with Yeo Hiap Seng
SWEDISH drink manufacturer Oatly will be shutting its Singapore plant – jointly invested with local food and beverage company Yeo Hiap Seng for S$30 million – after just three...
Asia-Pacific Strategic Investments looks to manage two airports in Timor-Leste
CATALIST-listed Asia-Pacific Strategic Investments will be operating and managing two airports in Timor-Leste, after inking a cooperation agreement with Francisco Kalbuadi Lay, the country’s vice-prime minister, coordinating minister for economic...