News
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...
Waymo hits a dog in San Francisco, reigniting safety debate
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
[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...
UltraGreen.ai’s 5.9 million share public offer 4.5 times subscribed
[SINGAPORE] The public tranche of the Singapore initial public offering (IPO) of medical imaging and surgery technology firm UltraGreen.ai notched a subscription rate of 4.5 times, with more than...
Nomura CEO sees big growth phase in wealth and asset management
[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...
Danish ISS shares plunge on concerns over its role in deadly Hong Kong apartment fire
[STOCKHOLM] ISS shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on...
