News
BOJ board member Koeda calls for policy normalisation
[ad_1] [NIIGATA] The Bank of Japan must continue to normalise monetary policy by raising real interest rates to “a state of equilibrium” to avoid creating unintended distortions in the future,...
Asian currencies to regain ‘much-needed’ stability in 2026: DBS report
[ad_1] Countries have also bypassed US to trade with one another in view of tariff risks[SINGAPORE] DBS analysts are upbeat about the region’s prospects for 2026, forecasting that Asian currencies...
China leaves benchmark lending rates unchanged for the sixth straight month
[ad_1] October economic data, including a contraction in exports and a further slowdown in retail sales, point to a tougher fourth quarter, analysts say[SHANGHAI] China left benchmark lending rates unchanged...
Wilmar China unit convicted of fraud; to appeal against judgement
[ad_1] [SINGAPORE] A subsidiary of Wilmar International has been found guilty of contract fraud by a Chinese court and ordered to jointly bear losses amounting to 1.88 billion yuan (S$345.6...
CDL divests US$143.5 million residential asset in larger Silicon Valley area to US institutional investor
[ad_1] Part of the group’s capital recycling and portfolio management, the sale allows it to lower gearing and redeploy capital [SINGAPORE] City Developments Limited on Thursday (Nov 20) said that...
Trump considering executive order to preempt state AI laws
[ad_1] US PRESIDENT Donald Trump is considering an executive order that would seek to preempt state laws on artificial intelligence through lawsuits and by withholding federal funding, according to a...
Geely-linked car electronics maker eager to shed Chinese roots
[ad_1] Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company[HONG KONG] Ecarx Holdings, the Nasdaq-listed automotive electronics firm controlled by the founder of major Chinese automaker Geely,...
Shipping giants race to speed up China-Peru trade with new route
[ad_1] The ports of Callao and Chancay are only about 50 miles apart, or a few hours by truck, and both are close to Lima. [LIMA] Competition to accelerate maritime...
Many US Fed members were inclined against December interest rate cut: minutes
[ad_1] Fed Chair Jerome Powell said last month that a further reduction in December was “not a foregone conclusion”MANY US Federal Reserve officials were leaning against another rate cut in...
US: Wall Street indexes end rocky session higher ahead of Nvidia earnings
[ad_1] US stocks ended a choppy session higher on Wednesday, rebounding from recent losses as technology stocks rose ahead of Nvidia’s quarterly results. Indexes briefly pared gains after minutes from the last Federal Reserve...
