News
Nvidia’s Huang unsure whether China would accept its H200 chips
Allowing H200 sales to the Asian nation would mark a significant win for the world’s most valuable company[NEW YORK] Nvidia chief executive officer Jensen Huang said that he’s unsure...
Concerns of weak prospects at Low Keng Huat belie a history of strong shareholder returns
Over the past 16 years, its shares have delivered a total return higher than that of STI, CDL, Hongkong Land and UOL shares[SINGAPORE] The offeror for Low Keng Huat...
Oil settles slightly higher as Moscow peace talks fail to reach breakthrough
Recent Ukrainian attacks on oil export sites on the Russian Black Sea coast have highlighted the geopolitical concerns stemming from the war[HOUSTON] Oil prices settled higher on Wednesday (Dec...
Indexes close higher as data keeps Fed rate cut expectations elevated
[NEW YORK] US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal...
Federal Reserve ends three-year loss streak from Covid-era monetary policy
The Fed’s deferred asset reflects losses that must be covered before it can resume payments to Treasury[WASHINGTON] The Federal Reserve appears to have finally turned the corner on a...
Anthony Law, PropNex Realty salesperson refute allegations in lawsuit involving 99-1 deal
This is in response to a case filed by a couple over the purchase of a unit at The Gazania[SINGAPORE] Anthony Law Corp, which has been sued by a...
Asian exchanges play key role in providing global investors with diversification: SGX chief
Loh Boon Chye expects product innovation for derivatives to move towards multi-jurisdictional operations[SINGAPORE] The chief executive officer of the Singapore Exchange (SGX) on Wednesday (Dec 3) cited the dual-listing...
Airbus cuts 2025 delivery target after issues with top-selling jet
[PARIS] Airbus cut its 2025 delivery target to around 790 commercial aircraft on Wednesday (Dec 3), 30 fewer than previously expected, but maintained financial goals following a quality issue...
Singapore’s benchmark STI rises for the sixth day, up 0.4%
Across the broader market, decliners beat gainers 297 to 275, after 1.3 billion securities valued at more than S$1.4 billion are transacted[SINGAPORE] Singapore shares rose on Wednesday (Dec 3),...
How banks handle interest rate swings may soon be clearer to investors
Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model[SINGAPORE] The International Accounting Standards Board (IASB) on Wednesday (Dec 3) proposed new rules to...
