News
Singapore stocks close flat ahead of Fed interest rate decision
[SINGAPORE] Singapore stocks ended lower on Wednesday (Dec 10), ahead of a policy decision by the US Federal Reserve.The benchmark Straits Times Index (STI) was flat, shedding 1.34 points...
Analysts upbeat on Singapore’s office Reits, naming one ‘uniquely positioned’ to tap rental upside
[SINGAPORE] The coming year is looking promising for office Singapore real estate investment trusts (S-Reits), said analysts.The sector has begun to see “tangible improvements in capital management metrics as...
Nvidia builds location verification tech that could help fight chip smuggling
[SAN FRANCISCO] Nvidia has built location verification technology that could indicate which country its chips are operating in, according to sources familiar with the matter, a move that could...
E-commerce firm Meesho notches US$8.8 billion valuation in blockbuster India debut
The country’s IPO fundraising in 2025 is expected to surpass last year’s record US$20.5 billion[BENGALURU] Shares of e-commerce firm Meesho jumped about 58 per cent in their debut on...
Amazon announces US$35 billion investment in India
Major US tech firms have poured billions of US dollars into the country this year[BENGALURU] Amazon plans to invest more than US$35 billion in India by 2030 to expand...
Gold edges lower as dollar climbs to near one-week high ahead of Fed verdict
[BENGALURU] Gold inched lower on Wednesday (Dec 10), as the dollar rose after a US jobs report indicated a stronger-than-expected labour market, pressuring prices, ahead of a widely anticipated...
Tactics to dump coal are failing in Asia as energy demand booms
Indonesia has cancelled a flagship project that was the poster child for shuttering coal plants early[BEIJING] Coal’s future in Asia is looking brighter, as the top-consuming region’s efforts to...
IndiGo crisis shows perils of India’s corporate dominance
The domination of the country’s two airlines is a far cry from a decade ago, when more than nine players shared the market[DELHI] Flight chaos triggered by India’s biggest...
Trump’s Nvidia deal reshapes US’s China strategy, risks supercharging Xi’s AI push
The Asian nation has challenged America’s chip curbs this year with its own export controls on rare earthsUS PRESIDENT Donald Trump’s decision to allow Nvidia to sell advanced chips...
Tencent goes hands-on to reshape US$10 billion global games empire
[BEIJING] This year, Tencent Holdings’ gaming business scored record sales, defying an industry slowdown with international hits such as zombie horror Dying Light: The Beast.The sales bonanza, at a...
