News
China’s brokers skip holidays to staff up for ‘hectic’ reopening
BROKERAGES and stock exchanges in China are gearing up for a frantic on Tuesday (Oct 8) when onshore markets reopen after a week-long holiday, with optimism running high that...
Global digital economy will hit US$16.5 trillion by 2028: report
RESEARCH and advisory company Forrester released its report, Global Digital Economy Forecast, 2023-2028, on Monday (Aug 19) revealing that the digital economy will reach US$16.5 trillion and capture 17...
Siemens unit consortium bags $400 million Cross Island Line power supply contract from LTA
The line will be Singapore’s eighth MRT line, serving the eastern, western and north-eastern areas of the islandTRANSPORT solutions company Siemens Mobility has secured a contract worth S$400 million...
Chinese copper exports fall from record as local demand rebounds
CHINESE copper exports dropped last month from an all-time high, as domestic buyers took advantage of the metal’s rapid retreat in price.Exports of unwrought copper and products fell 40...
Asia currencies hit seven-month high on ‘Goldilocks’ US scenario
ASIAN currencies rallied to the highest in seven months as ebbing US recession concerns, bets on US Federal Reserve rate cuts next month and an improving domestic backdrop lifted...
Busiest US ports absorb import surge nearing pandemic-era frenzy
THE busiest port complex in the US is churning through import volumes near the highs set during the pandemic despite worries about a cooling economy.The ports of Los Angeles...
ACEN, GenZero and Keppel collaborate on pioneering initiative for early coal plant retirement
ACEN, GenZero and Keppel have signed a memorandum of understanding (MOU) to explore the origination and utilisation of transition credits (TCs) to facilitate the earlier retirement of a coal-fired...
Software firm AvePoint said to weigh second listing in Singapore
AvePoint is considering a second listing in Singapore, people with knowledge of the matter said, in a deal that would bring the US infrastructure software firm a step closer...
Kamala Harris interviewing top vice-presidential contenders #8
Vice-President Kamala Harris is interviewing potential contenders to be her running mate on Sunday, ahead of a battleground tour next week. Among those travelling to Washington, DC, to meet Ms...
Kamala Harris interviewing top vice-presidential contenders #9
Vice-President Kamala Harris is interviewing potential contenders to be her running mate on Sunday, ahead of a battleground tour next week. Among those travelling to Washington, DC, to meet Ms...