News
Indonesia amends mining law to boost access, support processing
Indonesia is a major coal exporter and has rich deposits of tin, copper and bauxite, among other metalsINDONESIA’S parliament on Tuesday (Feb 18) passed a bill to revise the...
RBNZ set to deliver third half-point rate cut to revive economy
NEW Zealand’s central bank is set to deliver its third big interest-rate cut in a row and signal further reductions this year to rekindle economic growth.The Reserve Bank of...
Opec+ considers delaying April supply restart, delegates say
ORGANIZATION of the Petroleum Exporting Countries Plus (Opec+) is considering pushing back a series of monthly supply increases due to begin in April despite calls from US President Donald...
Southwest Airlines to cut 15% of corporate jobs in first-ever layoffs
SOUTHWEST Airlines will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in the carrier’s history.The pullback will impact...
South Korea aims to secure 10,000 GPUs for national AI computing centre
SOUTH Korea on Monday (Feb 17) announced plans to secure 10,000 high-performance graphics processing units (GPUs) within this year in a bid to keep pace as the global artificial...
Europe: Stocks mark record closing high as defence stocks soar
EUROPEAN shares marked a record closing high on Monday (Feb 17), boosted by defence stocks as investors priced in the likelihood of increased military spending in the region, following...
Aoxin Q&M’s largest shareholder calls for EGM to oust executive director
Mainboard-listed Q&M Dental Group (Singapore) holds some 32.78% of Catalist-listed Aoxin’s sharesAOXIN Q&M Dental Group’s largest shareholder on Monday (Feb 17) called for the Catalist-listed company to hold an...
Card-issuing banks in Singapore to require additional verification for mobile wallet users
Major card-issuing banks have prevented S$53.9 million of losses in Q4 2024, ABS saysTHE Association of Banks in Singapore (ABS) said on Monday (Feb 17) that major card-issuing banks...
Singapore stocks rise on Monday; STI climbs 0.7%
Property developer Hongkong Land is the top gainer on the index, while Yangzijiang Shipbuilding fell the mostSINGAPORE equities ended Monday (Feb 17) in the black, amid largely positive regional...
ECB watchers are now forecasting even lower rates for 2026
Economists expect 0.9 per cent expansion in the euro area this year, down from 1 per cent in the previous pollEURO-ZONE forecasters are increasingly predicting that the European Central...
