News

Trump eyes tariffs on cheap Canadian fertiliser, Indian rice
[ad_1] The US president is facing mounting pressure to address high consumer prices and persistent inflation[WASHINGTON] US President Donald Trump signalled he could impose fresh tariffs on agricultural products, including...
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
[ad_1] [HOUSTON] Oil prices slipped 2 per cent on Monday (Dec 8) after Iraq restored production at one of its oilfields which accounts for 0.5 per cent of world oil...
Moody’s downgrades Genting Bhd and two subsidiaries
[ad_1] Move reflects Malaysian giant’s “already-weak position” due to prolonged deleveraging amid slow earnings recovery, says ratings agency[SINGAPORE] Ratings agency Moody’s has on Monday (Dec 8) downgraded Genting Bhd and...
Private credit, core-plus infrastructure could offer ‘good risk-reward’ in 2026: Temasek CEO
[ad_1] [ABU DHABI] Private credit and core-plus infrastructure assets could put investors looking to diversify from equities in a “good risk-reward” position in 2026, said Dilhan Pillay, executive director and...
Indonesia fines dozens of palm oil, mining companies US$2.3 billion for operating in forest areas
[ad_1] The task force handed over 1.5 million hectares of plantations to state firm Agrinas Palma Nusantara[JAKARTA] An Indonesian government task force has ordered dozens of companies in palm oil...
Bank of England plans staffing cuts because of budget pressures
[ad_1] [LONDON] The Bank of England is planning to reduce head count as its finances become strained by the cost of the modernisations recommended by Ben Bernanke.The UK central bank...
Chinese court orders Malaysia Airlines to pay US$3.3m in compensation over missing MH370 plane
[ad_1] [BEIJING] A Beijing court has ordered Malaysia Airlines to pay some families of missing passengers onboard flight MH370 a total of US$3.28 million or more than US$410,240 per case...
OCBC invests in low-carbon steel in Malaysia’s Sabah
[ad_1] The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated low-carbon steel plant[SINGAPORE] OCBC’s mezzanine capital unit has...
China’s rare earth exports jump in November after Xi-Trump meeting
[ad_1] Exports in November jumped for a second consecutive month, by 26.5% from October to 5,493.9 metric tons[BEIJING] China’s rare earth exports jumped in November, the first full month since...
Courts, Prism+ rapped by consumer watchdog for misleading website features
[ad_1] The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims[SINGAPORE] The Competition and Consumer Commission of Singapore (CCCS) said it has taken action...
Crypto exchange Binance gains regulatory win in Abu Dhabi
[ad_1] [ABU DHABI] Binance Holdings has won three separate licenses from Abu Dhabi’s financial regulator, giving the crypto exchange giant one of its most comprehensive regulatory footholds yet.The approvals, issued...
Microsoft “aggressively” looking at South-east Asian clean energy projects amid data centre boom
[ad_1] The tech giant will also “take a very close look” at Singapore’s latest call to build new data centres[SINGAPORE] Microsoft is looking into cross-border clean energy projects in South-east...