News

US: Wall St opens slightly higher in run-up to employment revision figures
[ad_1] [NEW YORK] Wall Street indexes opened slightly higher on Tuesday (Sep 9), a day after closing near record peaks, as investors remained cautious ahead of an impending employment rate...
Anglo American agrees to buy Teck in deal reshaping mining
[ad_1] [TORONTO] Anglo American has agreed to acquire Canada’s Teck Resources, creating a more than US$50 billion company in one of the biggest mining deals in over a decade.Anglo will...
BOJ likely to trim super-long bond buying in Q4
[ad_1] [TOKYO] The Bank of Japan is likely to slightly reduce its purchases of super-long government bonds in the fourth quarter despite recent rises in yields for those maturity zones,...
Google to obey South Korean order to blur satellite images on maps
[ad_1] This paves the way for the US tech giant to compete better with local navigation platforms[SEOUL] Google said on Tuesday (Sep 9) that it would comply with the South...
VinFast plans US plant in 2028 as it seeks equity backers
[ad_1] The automaker expects to open another assembly plant in Indonesia’s West Java by October[SINGAPORE] VinFast Auto expects to open its delayed North Carolina plant in 2028 while the Vietnamese...
GIC, SoftBank are said to weigh selling stake in fintech VNLife
[ad_1] The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia [HONG KONG] GIC and SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm...
China derivatives fuel 36% surge in SGX trading volume to 31.8 billion units in August
[ad_1] Value traded up 17% at S$33.6 billion; bourse operator cites global institutions tapping China-access derivatives to manage risk across multiple asset classes [SINGAPORE] Singapore Exchange (SGX) reported that its...
Hidden inflation drives Japan consumers to price-tracking sites
[ad_1] Shoppers in the island nation are facing higher living costs for the first time since the burst of an asset bubble in the early 90s ushered in decades of...
VW unveils affordable EVs to take on Chinese rivals
[ad_1] Volkswagen has made considerable cost savings on the cars by sharing technology across the different models[MUNICH] Europe’s top car manufacturer Volkswagen on Monday (Sep 8) presented a series of...
China can’t be counted on to absorb global crude surplus as Opec+ bumps up production: market watchers
[ad_1] Crude could trade at below US$60 a barrel by end-2025 as the world’s largest oil importer slows down stockpiling [SINGAPORE] The crude oil market is embracing a rising supply...
Alibaba is No 1 for China traders ploughing HK$13.5 billion in stock
[ad_1] Published Mon, Sep 8, 2025 · 04:07 PM[SHANGHAI] Renewed optimism over Alibaba Group Holding’s potential in artificial intelligence has turned the stock into Chinese investors’ favourite investment.They bought a...
Still ‘more things to be done’ to reap synergies across OCBC: CEO-designate Tan Teck Long
[ad_1] [SINGAPORE] OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated financial services group, so there will be synergies to...