News
Stocks to watch: Keppel Reit, CLI, MPACT, Ultragreen.ai, Ossia
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11): Source link
Trump demands CNN get new owners in Warner bidding war
US PRESIDENT Donald Trump said on Wednesday that he wants to ensure CNN gets new ownership as part of the Warner Bros Discovery sale, targeting the news outlet he...
Hong Kong central bank cuts interest rate, tracking Fed move
[HONG KONG] The Hong Kong Monetary Authority (HKMA) lowered on Thursday (Dec 11) its base interest rate charged via the overnight discount window by 25 basis points to 4.0...
Indonesia to levy gold export duties from Dec 23
The taxes will rise to between 10% and 15% once the reference price reaches US$3,200 per troy ounce[JAKARTA] Indonesia will impose duties on exports of gold products from Dec...
Operating autonomous vehicles in Singapore has ‘symbolic value’ despite small market size: Pony.ai CEO
It is partnering ComfortDelGro to launch commercial autonomous vehicle services in the city-state[SINGAPORE] The Chinese self-driving technology firm Pony.ai has been looking beyond the mainland Chinese market in the...
US seizes oil tanker off coast of Venezuela, Trump says
[WASHINGTON] The US has seized an oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, ratcheting up tensions with Caracas in a move that also raised oil...
Intel, AMD accused of allowing chips in Russian missiles
In the past, the chipmakers have said they fully comply with sanctions requirementsMICROCHIP manufacturers Intel, Advanced Micro Devices (AMD) and Texas Instruments were accused in a series of lawsuits...
European shares flat ahead of Fed decision; investors assess mixed corporate updates
EUROPEAN shares ended flat on Wednesday, as investors adopted a cautious stance ahead of the US Federal Reserve’s interest rate decision, while also parsing a slate of corporate announcements.The pan-European Stoxx...
Divided US Fed lowers rates by 25 bps, signals pause and one 2026 cut as growth rebounds
[WASHINGTON] The Federal Reserve cut interest rates on Wednesday in another divided vote, but signalled it will likely pause further reductions in borrowing costs as the US central bank looks...
Musk’s fortune would more than double on US$1.5 trillion SpaceX
Musk’s path to becoming a trillionaire, whether it is through Tesla or SpaceX, is not without challenges[NEW YORK] The richest man in the world could more than double his...
