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South Korea shares fall at the close as political tensions continue; Asia markets mixed
SOUTH Korean shares continued to fall by the close on Wednesday (Dec 4), after the country’s President Yoon Suk Yeol declared martial law overnight. Yoon then lifted the decree...
STI down 0.3% as investors continue to digest Trump’s tariff threat
SINGAPORE stocks traded lower on Wednesday (Nov 27) afternoon, as investors continued to digest the threat of Trump’s tariffs.As at 12.01 pm, the Straits Times Index (STI) was down...
Aircraft lessors to continue to be impacted by scale and consolidation
Providing the right amount of value relative to other asset classes is a challenge for lessorsTHE benefits of scale and the impact of consolidation will continue to shape the...
Canada orders shutdown of TikTok’s Canadian business, app access to continue
CANADA on Wednesday (Nov 6) ordered Chinese-owned TikTok’s business in the country to be dissolved, citing national-security risks, but added the government was not blocking Canadians’ access to the...
IBM posts soft revenue growth as consulting woes continue
INTERNATIONAL Business Machines (IBM) reported underwhelming sales as the company grapples with a slowdown in consulting demand.Sales increased 1 per cent to US$15 billion, slightly missing the average estimate...
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency (IEA). “This year,...
Petronas’ exploration in South China Sea will continue, Malaysia PM says
MALAYSIA’S Prime Minister Anwar Ibrahim on Tuesday (Oct 15) reiterated that state energy firm Petronas will continue to conduct oil and gas exploration activities in Malaysia’s exclusive economic zone...
Buybacks continue at moderate pace; Far East Orchard chair acquires shares
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Sep 27 to Oct 3, with S$50 million of net institutional inflow, reversing the preceding five...
