News
Stocks to watch: Manulife US Reit, Nam Cheong
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 24): Manulife US Real Estate Investment Trust (Manulife US Reit): The Reit...
Oil up as market weighs strong US economic growth, supply risks
[ad_1] [NEW YORK] Oil prices settled higher on Tuesday as investors assessed stronger-than-expected US economic growth and the risk of disruptions to oil supply from Venezuela and Russia.Brent crude futures settled 31 cents, or...
US stocks: S&P registers record close as growth stocks advance
[ad_1] [NEW YORK] US stocks rose on Tuesday and the S&P 500 notched a closing record after a flurry of economic data that included a reading of economic growth pushed bond yields...
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
[ad_1] The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates[NEW YORK] ServiceNow has reached a deal to buy the cybersecurity startup Armis...
Novo Nordisk shares jump almost 8% after US approves Wegovy pill
[ad_1] The approval gives the drugmaker a first-mover advantage in the race for a potent oral weight-loss medicine [COPENHAGEN/LONDON] Novo Nordisk shares jumped nearly 8 per cent on Tuesday (Dec...
Chip turmoil will worsen on Nexperia spat: Wingtech chair warns
[ad_1] Ruby Yang adds that as the dispute continues, the damage to global industrial chain, investment confidence and shareholders deepens[BEIJING/FRANKFURT] Wingtech Technology chairwoman Ruby Yang warned that global chip supplies...
Singapore stocks inch up on inflation forecast; STI gains 0.6%
[ad_1] [SINGAPORE] Local shares closed higher on Tuesday (Dec 23), after the authorities maintained their full-year forecasts for Singapore’s core and headline inflation for November. Core inflation, which excludes accommodation...
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
[ad_1] The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation [SINGAPORE] Mitsui OSK Lines (MOL) has signed a project finance...
Mapletree acquires logistics facility in the Netherlands for 32.3 million euros
[ad_1] Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries[SINGAPORE] Mapletree Investments has expanded its logistics presence in Europe with the...
Gold sets 50th daily record this year on rate-cut bets and geopolitical risk
[ad_1] Gold has risen 70% this year, driven by strong central-bank buying and inflows into bullion-backed ETFs[LONDON] Gold rose to an all-time high on Tuesday (Dec 23) – the 50th...
