News
OCBC files bid to wind up consumer electronics trader TT International
[SINGAPORE] OCBC has filed a winding-up application against consumer electronics trader TT International, whose debts are being restructured under a scheme of arrangement. The company owes OCBC at least S$21.7...
Wall St opens higher, futures resume trade after outage
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Nov 28) with futures trading springing back to life from an hours-long CME Group outage that had temporarily frozen...
Fair value losses drag LHN H2 net profit down 82.7% to S$5.9 million
[SINGAPORE] Property player LHN group posted a net profit of S$5.9 million for the half-year ended Sep 30, 2025, down 82.7 per cent from S$34.3 million in the year-ago...
How ‘Stranger Things’ became Netflix’s ‘Star Wars,’ propelling it into Hollywood’s stratosphere
Before the sci-fi series “Stranger Things” premiered on Netflix, several traditional studios had already passed on it. Its creators were first-time show runners, unknown young actors were cast in...
CME trading halted due to cooling issue at data centres
[SINGAPORE] Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres.“Support is working to resolve the issue in...
Asian markets struggle to build on week’s rally
MARKETS fluctuated on Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month.Traders took...
OKP shares close 6.6% higher on proposed bonus share issue
[SINGAPORE] Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent in intraday trading on news of its proposed bonus issue of up to...
Reeves’ UK budget calms markets and party but leaves Britons unhappy
[LONDON] Britons reacted overwhelmingly negatively to Chancellor of the Exchequer Rachel Reeves’ budget, suggesting little relief for the Labour government’s slumping popularity.Respondents to a YouGov survey conducted after Wednesday’s...
Samsung Electronics expands beyond consumers to B2B in South-east Asia
The company’s offerings are gaining traction in sectors such as education and hospitality[SINGAPORE] South-east Asia’s digitalisation represents an opportunity for Samsung Electronics to expand into the business-to-business (B2B) market,...
Dutch chipmaker Nexperia urges Chinese units to help restore supply chain
DUTCH chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese units in an open letter on Thursday...
