News

Most Asian markets rise as traders await key US data
[ad_1] Money markets have put the chances of a Dec 10 cut at around 90%, with another three forecast by the end of next year[HONG KONG] Markets mostly rose on...
Malaysia palm oil reserves seen at six-year high as exports slump
[ad_1] [KUALA LUMPUR] Palm oil stockpiles in Malaysia surged to the highest in more than six years as exports dropped in November, according to a survey.Inventories jumped 10 per cent...
Gold flat as investors await US data for rate-cut signals
[ad_1] US rate futures are pricing in an 89% chance of a rate cut in December, according to the CME’s FedWatch tool[BENGALURU] Gold prices were little changed on Wednesday (Dec...
YouTube says it will comply with Australia’s teen social media ban
[ad_1] The Australian ban is being closely watched by other jurisdictions considering similar age-based measures[SYDNEY] Google’s YouTube said that it will obey Australia’s world-leading ban on social media accounts for...
China can still meet US soybean pledge, traders say
[ad_1] [BEIJING] China is expected to step up US soybean purchases to meet a pledge to buy at least 12 million tonnes by the end of the year, according to...
Nike continues to shake up leadership team under CEO Elliott Hill
[ad_1] [NEW YORK] Nike is continuing to shake up its leadership team under chief executive officer Elliott Hill, who has been trying to get the company back on track and...
ESR weighs selling some China assets: sources
[ad_1] The logistics and industrial properties investor plans to appoint advisers to help it review options for the sale of the assets[HONG KONG] ESR Group is considering selling some of...
Waymo hits a dog in San Francisco, reigniting safety debate
[ad_1] A self-driving Waymo taxi hit a dog in San Francisco, reigniting a heated debate over autonomous vehicle safety just weeks after one killed a popular neighborhood cat.On Sunday, around...
Temasek-backed Xora Innovation leads US$46 million funding in Vinci
[ad_1] [SINGAPORE] Vinci, the brain behind a physics-driven artificial intelligence (AI) platform for hardware design and simulation, raised US$46 million in seed and Series A funding, it said on Tuesday...
Nomura CEO sees big growth phase in wealth and asset management
[ad_1] [TOKYO/YOKOHAMA] Nomura’s chief executive officer vowed to build on the company’s earnings revival by strengthening businesses across the board, ranging from wealth to asset management and dealmaking. “I believe we...
Citigroup faces US$5 million bill to transport its lead from Singapore
[ad_1] Citi plans to keep about 24,000 tons in Singapore, while 88,000 tons will likely go to Taiwan or Malaysia[LONDON] Citigroup will move most of its lead stocks from Singapore...
Buying the S&P 500 is an active bet on AI: BlackRock Investment Institute
[ad_1] The unprecedented AI boom is catalysing a mega structural change that impacts investing., the institute says[SINGAPORE] Just buying the S&P 500 is no longer a passive bet on US equities,...