News

DBS, Banque Saudi Fransi join forces to boost payment flows across Asia, GCC
[ad_1] The partnership will boost GCC trade, finance and currency-clearing collaboration across the region[SINGAPORE] DBS Group, the largest bank in South-east Asia, said on Thursday (Oct 16) that it has...
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
[ad_1] When completed, the local facility will expand ESA’s portfolio in the Republic to 13 properties with more than 1.5 million sq ft of gross floor area[SINGAPORE] Extra Space Asia...
TSMC ADR premium tops two-decade high as global buyers pile in
[ad_1] [HONG KONG] Global investors are ramping up bets on Taiwan Semiconductor Manufacturing Company (TSMC) ahead of its earnings, confident that the world’s leading chip foundry will remain one of...
Auditor for Dasmond Koh’s NoonTalk Media flags firm’s ability to continue as a going concern amid losses
[ad_1] The group incurs a net loss of nearly S$1.8 million and has net liabilities of S$396,000[SINGAPORE] The independent auditor for Catalist-listed NoonTalk Media has raised doubts about the group’s...
Asia: Stocks rise as traders weigh China-US row, rate cut hopes
[ad_1] ASIAN equities edged up on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this...
US weighs ban on Hong Kong tycoon Richard Li’s phone firm PCCW as China tensions rise
[ad_1] The move shows the US is widening its national security focus to include Hong Kong firms once seen as neutral[WASHINGTON] The US took steps to block one of Hong...
Gold hits record high as investors turn to safe haven
[ad_1] Investors anticipate a near-certain 25-basis-point rate cut at this month’s US Federal Reserve meeting, followed by another in December[BENGALURU] Gold hit a record high on Thursday (Oct 16) as...
Trump says Modi has assured him India will not buy Russian oil
[ad_1] [WASHINGTON] US President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, and Trump said he would next try to get...
UK’s Reeves should go big on tax increases in November, think tank says
[ad_1] [LONDON] British finance minister Rachel Reeves should raise taxes by a lot in next month’s budget to exit the “Groundhog Day scenario” of continuously having to find measures to...
Is Keppel Reit’s deal Down Under a good move?
[ad_1] Prime office landlord may continue diversifying geographically and across real estate asset classes to expand its portfolio[SINGAPORE] Unitholders of Keppel Reit may have mixed feelings about its recently announced...
IMF says Japan should avoid adding debt as budget pressure grows
[ad_1] Japanese exporters, particularly automakers, have so far absorbed much of the tariff costs, helping to shield US consumers[TOKYO] Japan should avoid taking on more debt to boost its economy,...
US: S&P 500 ends higher after strong bank earnings, chip stocks rally
[ad_1] THE S&P 500 ended higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors remained focused on the recent increase in China-US...