Leadership
Singapore shares end higher on Friday amid cautious optimism; STI up 0.1%
SINGAPORE stocks closed on Friday (Nov 29) in the black, as global markets appeared to take Donald Trump’s impending presidency with cautious optimism.The benchmark Straits Times Index (STI) gained...
Stocks to watch: IHH Healthcare, Digital Core Reit
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 29):IHH Healthcare (IHH): The private healthcare group said on Thursday net profit for...
Car parts supplier company Valeo to cut around 1,000 jobs in Europe: sources
FRENCH car parts supplier Valeo will cut around 1,000 jobs in Europe, sources said, and the restructuring move will also result in Valeo closing two sites in France.The job...
SBS Transit and French transport operator RATP Dev win tender to run Jurong Region Line
A JOINT venture between SBS Transit and French multimodal transport operator RATP Dev has won the tender to operate and maintain the Jurong Region Line, Singapore’s seventh Mass Rapid...
Bank Negara Malaysia calls for fair insurance pricing as medical costs soar
BANK Negara Malaysia (BNM) on Thursday (Nov 28) instructed insurance companies to reassess their repricing strategies to ensure fairer implementation for policyholders due to concerns over rising premiums for...
Australia central bank says inflation too high for near-term rate cut
AUSTRALIA’S top central banker said on Thursday (Nov 28) that core inflation was too high to allow for rate cuts in the near term, all but ruling out relief...
New Zealand’s central bank to debate 25 or 50 basis points rate cut in February
NEW Zealand’s central bank will debate whether to cut interest rates by 25 or 50 basis points in February, a senior central banker said on Thursday (Nov 28), after...
Australia’s central bank overhaul revived in last minute talks
AUSTRALIA’S plans to overhaul the Reserve Bank of Australia (RBA), including splitting the current board in two, may be back on the agenda after the Labor government and minority...