Leadership
Offshore wind cable makers turn to Europe as Trump risks loom
NEXANS said on Wednesday (Nov 13) it would turn its US-based plant into an export hub if the offshore wind sector was challenged under Donald Trump’s second stint as...
US dollar pulls back from six-month peak after US inflation data
THE US dollar pulled back from a 6½-month high against major currencies on Wednesday (Nov 13) after data showed US inflation for October increased in line with expectations, suggesting...
GP Industries back in black with 62.9% net profit boost on stronger revenue, cost controls
BATTERY maker bounced back into the black with a 62.9 per cent jump in net profit in its first half of FY2025, driven by revenue growth and tighter cost...
Bursa Malaysia aims to launch used cooking oil futures in Dec
BURSA Malaysia Derivatives Exchange (BMD) is planning to launch its new used cooking oil futures contract as early as December, the director of the Malaysian bourse said on Wednesday...
Sembcorp signs framework agreement for potential hydrogen pipeline at COP29
The agreement is not expected to have a material impact on the company’s FY2024 resultsSEMBCORP Industries has inked a joint development framework agreement at COP29 for a potential hydrogen...
Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%
With China hawks primed for top roles in incoming Trump administration and China’s booming trade surplus, resurgence of protectionist policies is expected, says analystSINGAPORE stocks rose on Wednesday (Nov...
OCBC has enough capital for M&A, business growth: CEO Helen Wong
OCBC has enough capital for business growth even as chief executive officer Helen Wong signals her appetite for deals while keeping the bank’s dividend policy.
“We are well-capitalised,” Wong said...
China says TSMC chip curbs undermine interests of Taiwan companies
CHINA’S Taiwan Affairs Office said on Wednesday (Nov 13) that a US order to Taiwan Semiconductor Manufacturing Company (TSMC) to halt shipments of advanced chips to some Chinese customers...