Leadership
Singapore stocks edge up on eve of US elections following regional trend; STI rises 0.5%
THE Straits Times Index (STI) edged up on Monday (Nov 4) by 0.5 per cent or 16.61 points to end at 3,572.04.Across the broader market, advancers outnumbered decliners 262...
Singapore Airlines to invest S$1.1 billion in retrofitting Airbus A350 fleet
SINGAPORE Airlines (SIA) will spend S$1.1 billion to retrofit 41 Airbus A350-900 long-haul and ultra-long-range aircraft with newer cabin products. Under a multi-year retrofit programme, the airline will introduce...
South Korean refiners’ losses deepen in Q3, margins set to improve in Q4
SOUTH Korean refiners reported on Monday (Nov 4) sharp losses in the third quarter from oil refining, but expect their margins to recover in the fourth quarter with peak...
Blackstone targets new European markets in global wealth push
BLACKSTONE’S private wealth business plans to enter at least two new European markets next year to tap growing demand among the well-off, two executives at the company said.New York-based...
Thailand delays naming Bank of Thailand chair as dispute drags on
THAILAND delayed naming a new central bank chairman as opposition mounted against the government’s bid to push the candidacy of a former finance minister to tighten its grip over...
India to revamp power demand forecasting for better planning
INDIA is overhauling the way it forecasts electricity demand to ensure generation capacity matches what’s needed and the grid remains stable with increasing volumes of clean energy. The government’s...
Asia: Markets rise ahead of US election, Chinese stimulus meeting
ASIAN markets rose on Monday (Nov 4) as investors steel themselves for a too-close-to-call US presidential election, while Chinese leaders meet to hammer out a stimulus package that experts...
US Fed to debate rate cut in shadow of presidential election
THE US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the closest-fought presidential races in decades.Opinion polls...
