Leadership
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...
Singapore shares rise at Monday’s open; STI up 0.5%
SINGAPORE stocks started trading in positive territory on Monday (Nov 4) after global markets ended the previous week higher.As at 9.01 am, the Straits Times Index (STI) opened 0.5...
Opec+ delays supply restart again as crude prices struggle
ORGANIZATION of the Petroleum Exporting Countries Plus (Opec+) agreed to push back its December production increase by one month, the second delay to its plans to revive supply as...
Australia’s Westpac annual profit down as costs overshadow margin bump
No 2 Australian mortgage lender Westpac said on Monday (Nov 4) that annual profit dipped as costs associated with a technology overhaul outweighed an improved loan margin, but upped...
S&P 500 shows bearish momentum
LAST Thursday (Oct 31), the S&P 500 index opened lower at 5,775.34 and continued its downward trajectory throughout the day, reaching an intraday low of 5,702.86. By market close,...
Value-unlocking moves will enliven market more than any new SDRs, Catalist listings
New Singapore Depository Receipts may get a warm reception while latest Catalist listings get a cold shoulder; but Hongkong Land’s pivot could matter mostLOCAL investors are gaining access to...
How one of the tiniest oil markets cost Singapore-based Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches...
Hospitality S-Reits’ RevPAR mostly resilient as tourism activity normalises
SINGAPORE real estate investment trusts (S-Reits) with hospitality assets have reported mostly stable operating performance in the third quarter even as tourism activity normalises following the post-pandemic travel boom.Business...
