News
Air travel faces disruptions over A320 software switch
Airbus has sold 12,257 of the aircraft by the end of September, compared with the sale of 12,254 Boeing 737s[PARIS] Several airlines announced delayed or cancelled flights on Friday...
Airbus issues major A320 recall after flight-control incident
[PARIS] Europe’s Airbus said on Friday (Nov 28) that it was ordering immediate repairs to 6,000 of its widely used A320 family of jets in a sweeping recall affecting...
ECB’s Lagarde says interest rates are at correct level
Most officials have signalled they do not see a need to adjust borrowing costs when they meet in December[FRANKFURT] The European Central Bank (ECB) is well positioned with borrowing...
S&P 500 extends rally after CME glitch, reversing monthly slide
Markets are continuing to bet that the central bank will cut its benchmark next month[NEW YORK] US stocks notched a fifth-straight day of gains, as the Chicago Mercantile Exchange...
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...