News
Malaysia palm oil reserves seen at six-year high as exports slump
[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
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...
Infinity Development closes flat at S$0.39 on Catalist debut
[SINGAPORE] Shares of adhesive manufacturer Infinity Development were up 1.3 per cent at Wednesday’s (Dec 3) open – as the company debuted on the Catalist board of the Singapore...
Infinity Development sees muted Catalist debut; up 1.3% from all-placement offer price
[SINGAPORE] Shares of adhesive manufacturer Infinity Development were up 1.3 per cent at Wednesday’s (Dec 3) open – as the company debuted on the Catalist board of the Singapore...
YouTube says it will comply with Australia’s teen social media ban
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...
Stocks to watch: Far East Group, UltraGreen.ai, Infinity Development
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 3): Far East Group : The company on Tuesday announced that its...
China can still meet US soybean pledge, traders say
[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...
Amazon cuts seller fees in Europe in Shein, Temu price war
[LONDON] Amazon is cutting the fees it charges sellers in Europe as it responds to competition from marketplaces such as Shein and Temu that sell clothes, homeware and gadgets...
Oil eases amid uncertainty around Russia-Ukraine peace plan, oversupply worries
[NEW YORK] Oil prices declined 1 per cent on Tuesday (Dec 2) as markets weighed faltering Russia-Ukraine peace hopes against fears of oversupply. Brent crude futures settled 72 US...
European shares little changed; Bayer surges on Trump administration backing
[BENGALURU] European shares struggled to find direction on Tuesday (Dec 2) as caution lingered in the wake of the previous day’s losses, while Bayer rocketed on the US administration’s...
