News

Indonesia’s vow to balance currency, growth may cushion rupiah
[ad_1] BI’s 125 basis points of rate cuts in 2025 have also reduced the attractiveness of the country’s assets[JAKARTA] Bank Indonesia’s (BI) vow to prioritise currency stability as it tries...
Gold edges lower from near three-week peak on profit-taking
[ad_1] Investors are looking ahead to US manufacturing and private payroll data due later this week[BENGALURU] Gold edged lower in early Asian trade on Monday (Dec 1) from a near...
Marco Polo Marine H2 profit quadruples to S$47.9m on impairment reversals
[ad_1] This is attributed to a combination of stronger underlying performance and several extraordinary gains[SINGAPORE] Marco Polo Marine posted on Saturday (Nov 29) a nearly four times rise (348 per...
Japanese firms scale back investment as tariff headwinds hit
[ad_1] Monday’s figures will be factored into revisions made to third-quarter GDP data due Dec 8[TOKYO] Japanese businesses trimmed back their capital spending over the summer after five straight quarters...
Stocks to watch: Low Keng Huat, Centurion, Manulife US Reit, Seatrium, Wilmar, LHN
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 1): Low Keng Huat : The majority shareholders of Low Keng Huat...
Databricks in talks to raise capital at US$134 billion valuation: report
[ad_1] [BENGALURU] Data analytics firm Databricks is in talks to raise US$5 billion at a valuation of US$134 billion, which is roughly 32 times this year’s expected sales of about...
Nasdaq 100 ends November in recovery mode
[ad_1] THE Nasdaq 100 entered the final stretch of November 2025 in recovery after a sharp mid-month pullback. The index had reached fresh all-time highs between October and early November...
OCBC’s Lion Global Investors bets on mid-caps and gold investments
[ad_1] CEO Teo Joo Wah notes that the mid-cap segment is more labour-intensive in terms of research effort but is optimistic that it will pay off[SINGAPORE] The mid-cap segment of...
Opec+ holds oil output steady, agrees capacity mechanism
[ad_1] Other members, such as African countries, have seen declines in production capacity but are resisting quota cuts[LONDON/MOSCOW] The Organization of the Petroleum Exporting Countries and allies led by Russia...
Australia house prices climb in November amid record unaffordability, Cotality says
[ad_1] AUSTRALIAN home prices rose in November with large gains in several state capitals, amid a record level of housing unaffordability, property consultant Cotality said on Sunday (Nov 30).Prices increased...
Wall Street predicts rebound in Indian markets after tough year
[ad_1] AFTER one of India’s worst years of market underperformance in decades, some of Wall Street’s biggest names are calling for a rebound.Morgan Stanley, Citigroup and Goldman Sachs Group are...
Seatrium to start its own arbitration in US$475 million contract termination dispute 
[ad_1] The contract, which is 98.9 per cent complete, is for the construction of a wind turbine installation vessel in an US offshore wind farm[SINGAPORE] Seatrium is starting its own...