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Stocks to watch: Nio, Sheng Siong, Manulife US Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Sep 30):Nio Inc: The Chinese electric-vehicle maker’s China unit Nio Holding Co, also known...
Japan’s incoming PM Ishiba calls for loose monetary policy
JAPAN’S incoming prime minister, Shigeru Ishiba, said on Sunday the country’s monetary policy must remain accommodative as a trend, signalling the need to keep borrowing costs low to underpin...
Opposition to Toyota’s chairman spreads among big shareholders
OPPOSITION to Toyota Motor chairman Akio Toyoda has surfaced among some of the Japanese company’s biggest investors, after a series of vehicle safety scandals gave rise to concerns about...
Gov. Gavin Newsom vetoes AI safety bill opposed by Silicon Valley
SAN FRANCISCO — Gov. Gavin Newsom on Sunday vetoed SB 1047, an artificial intelligence safety bill that would have established requirements for developers of advanced AI models to create protocols...
Crop trader Olam to pay US$3.3 million fine for delayed cotton sales reports
CROP trader Olam Group will pay a US$3.3 million fine for delayed reporting of cotton sales to the US Department of Agriculture (USDA) and the Commodity Futures Trading Commission...
Hoping for banks to slash mortgage rates? Don’t hold your breath, analysts say
Fed’s Sep 18 rate cut has been widely anticipated and local banks have already priced it in for their loan packagesMORTGAGE rates in Singapore are likely to fall as...
Riskiest real estate bonds are beating Nvidia’s returns
A PREVIOUSLY gloomy corner of the debt world has become the biggest winning trade in global financial markets, producing returns that few traders have seen in more than a...
Raffles Medical executive chairman expands interest; First Reit independent director cashes in
Institutions were net sellers of Singapore stocks over the five trading sessions spanning Sep 20 to 26, with S$54 million of net institutional outflow – reducing total net inflows...
Apple drops out of talks to join OpenAI investment round: WSJ
APPLE has left negotiations to participate in an OpenAI funding round expected to raise about US$6.5 billion, the Wall Street Journal said on Friday (Sep 27). The tech giant...
Canada’s high-yield bond market is suddenly the hottest in years
THE often-overlooked Canadian high-yield debt market is having a moment, as companies pile in to sell debt and investors look to lock in coupons before central bank monetary policy...
