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Traders boost Fed bets with November cut size seen as a toss-up
THE debate over the magnitude of the Federal Reserve’s expected interest-rate cut in November is intensifying, with traders ramping up wagers in futures keyed to the central bank’s path...
China to boost capital at mega banks for first time in a decade
CHINA is planning to recapitalise its biggest commercial lenders for the first time in more than a decade, seeking to strengthen the industry battling with record low margins, sinking...
EVs to get boost from extended incentives, but hybrids could suffer from emission rebate cut
Even as changes show Republic’s commitment to electric vehicles, some say that hybrids are still relevantRECENT tweaks to two clean-vehicle schemes show Singapore’s commitment to electric vehicles (EVs) –...
VinFast posts deeper Q2 loss on impairment charge, higher cost to boost sales
VIETNAMESE electric vehicle maker VinFast’s losses widened in the second quarter due to rising costs linked to its overseas expansion and impairment charges, although its revenue rose, it reported...
Singapore-listed Malaysian glove makers get a boost as US raises tariffs on China gloves
MARKET watchers are optimistic on the prospects of Malaysia’s glove making sector as the US looks to impose higher tariffs on Chinese gloves. This follows the United States Trade Representative’s...
BP seeks to focus on core business to boost investor interest
BP ON Monday (Sep 16) announced plans to sell its onshore wind business in the US as the oil and gas giant scales back its exposure to renewables and...
Rupiah’s rally to get boost from global flows as Fed cuts loom
RUPIAH bulls are betting on further gains as foreign investors pile into Indonesian debt ahead of key interest-rate moves. Strategists at Malayan Banking and CIMB Bank see the currency...
Thai state fund seeks 150 billion baht to help boost stock market
THAILAND’S state-controlled Vayupak Fund is starting a 150 billion baht (S$5.9 billion) offering on Monday (Sep 16) aimed at boosting the local stock market.The offering, which will increase Vayupak’s...