Leadership
COE premiums stable as big-car category edges towards S$106,000
THE results of the bidding for Certificates of Entitlement (COE) in May’s second round were mixed, but stable. No category saw an increase of more than 3 per cent,...
Latest Singapore 6-month T-bill cut-off yield falls to 3.65%
THE latest Singapore six-month Treasury bill (T-bill) is offering a cut-off yield of 3.65 per cent, auction results released by the Monetary Authority of Singapore on Thursday (May 23)...
Chinese factories recoil from paying record copper prices
CHINESE factories are baulking at paying record copper prices, delaying orders for the metal and cutting production as their customers recoil from more expensive products.
South Korea sets aside record US$19 billion to fuel chipmaking
SOUTH Korea has unveiled a US$19 billion package of incentives to bolster its chip sector, a boon to Samsung Electronics and SK Hynix as they race to stay ahead...
Asia: Shares mixed after Fed minutes, while Nvidia provides support
ASIAN markets diverged on Thursday after minutes from the Federal Reserve’s most recent policy meeting indicated officials would keep interest rates elevated for some time as they struggle to...
Singapore Airlines shares slip 1.3% after turbulent flight
SINGAPORE Airlines shares fell more than 1 per cent in early trade on Thursday, following a deadly turbulence-hit flight.
Citi considers reducing office space in Asia Square tower
CITIGROUP is considering reducing its office space in Singapore as remote working gains traction in the city-state.The bank may give up one of the six floors it occupies at...
South Korea extends rate pause, raises growth outlook
SOUTH Korea’s central bank kept its benchmark policy rate steady for an 11th straight meeting on Thursday as the economy showed no signs of slowing while inflation has begun...
