Real Estate
MOT should clarify how changes to Singapore’s vehicle population and COE system fit into long-term vision
AFTER earlier reluctance, the Ministry of Transport (MOT) is now open to reviewing two ideas with major implications for drivers: a one-off increase in the vehicle population alongside higher...
AI can write, but is it any good at picking stocks?
FINANCIAL firms are racing to integrate artificial intelligence (AI) into as many of their operations as they can. But investors continue to struggle to harness the technology to the...
Tech stocks see biggest weekly outflow on record, BofA says
INVESTORS dumped technology stocks at the fastest rate on record and continued to pour money into investment grade bonds and cash equivalents in the week to Wednesday (Mar 6),...
Novo Nordisk confident of amycretin obesity drug launch this decade
NOVO Nordisk’s head of development on Friday (Mar 8) told Reuters he was very comfortable the drugmaker would be able to launch the pill version of its experimental weight...
Tyre-maker Goodyear to close manufacturing plant in Malaysia
GOODYEAR TIRE & RUBBER CO, one of the world’s largest tyre makers, plans to shut down its plant in Malaysia on Jun 30 – a decision expected to affect...
BOJ leaning toward exiting negative rates in March, according to sources
A GROWING number of Bank of Japan policymakers are warming to the idea of ending negative interest rates this month on expectations of hefty pay hikes in this year’s...
Moody’s places embattled lender NYCB on ‘review for upgrade’
RATINGS agency Moody’s said on Thursday it had changed the direction of its rating view of New York Community Bancorp (NYCB) to “review for upgrade” from “review for downgrade”....
US: Stocks hit fresh records as Powell signals rate cuts ahead
STOCKS on Wall Street closed higher, with both the S&P 500 and the Nasdaq finishing at new records amid a midweek bounce fueled by tech stocks including Nvidia. Remarks by Federal Reserve...