News

Oil settles 1.6% lower after Gaza ceasefire
[ad_1] Opec+ has agreed on Sunday to a November output hike that was smaller than market expectations, easing oversupply concerns[HOUSTON] Oil prices settled lower on Thursday (Oct 9) after Israel...
Boggle and Pictionary TV games coming to Netflix
[ad_1] Netflix on Wednesday night unveiled its first games for the TV, as the Los Gatos streamer aims to gain a bigger share of the video game market. The five...
US dollar mixed as yen sell-off wanes, euro hit by French politics
[ad_1] [NEW YORK] THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political...
Surprise rate decisions in Asia signal growing economic unease
[ad_1] They underscore growing domestic economic and market uncertainties exacerbated by US tariffs[HONG KONG] Three central banks over two days surprised markets and economists with unexpected interest rate decisions, each...
Ferrari lifts the hood on EV tech in maiden electric car
[ad_1] The unveiling offers a glimpse into the brand’s EV future, marking a major milestone in the auto industry’s shift from combustion to battery power[MARANELLO] Ferrari has unveiled the technology...
Asia’s Reit market ‘finally recovering’ amid lower interest rates and new listings: Aprea
[ad_1] [SINGAPORE] The real estate investment trust, or Reit, market in Asia is “finally recovering” on the back of lower interest rates, higher investor demand and a surge in new...
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
[ad_1] The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75%[MANILA] The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point...
HSBC is tackling Hong Kong’s commercial real estate crisis
[ad_1] [HONG KONG] For those concerned with financial stability, HSBC Holdings. is doing the right thing by taking its Hong Kong subsidiary private. But its shareholders do not like it....
BHP-China iron ore standoff may drag into 2026 as talks stall
[ad_1] CMRG has been pushing to sign long-term contracts on behalf of the country’s main steel mills, according to the sources[LONDON/SINGAPORE] A price dispute between mining giant BHP Group and...
US approves some Nvidia UAE sales in step of Trump AI diplomacy
[ad_1] Artificial intelligence is among the top priorities for the Gulf nation, which is spending massively on infrastructure at home and overseas[HONG KONG] The US has approved several billion US...
Indian central bank steps up offshore FX defence to shield rupee
[ad_1] The local currency’s one-month volatility against the US dollar has fallen sharply this month[NEW YORK] India’s central bank has ramped up its interventions in offshore currency markets to defend...
Top Singapore fund Lion Global wins with ‘forgotten’ small-caps
[ad_1] The company sees the small- and mid-cap strategy continuing to succeed over the longer term as well[SINGAPORE] Lion Global Investors’ strategy of investing in the shares of small and...