Culture
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...
Asia refiners lament pricey Saudi oil as profits, Iran risk loom
In Singapore, Asia’s oil-pricing hub, margins for complex refineries fell to near parity last week, with yields hovering below seasonal averages for weeksASIAN oil refiners hit by lean margins...
Chevron sells Canadian oil sands, shale assets for US$6.5 billion
The deal comes as it focuses its growth plans in other parts of the world, such as the Permian basin in the US and the Tengiz field in KazakhstanCHEVRON...
Singapore stocks track regional gains on Monday; STI up 0.3%
Across the broader market, gainers outnumber losers 380 to 257, after 1.8 billion securities worth S$1.5 billion change handsSINGAPORE stocks tracked regional gains to end higher on Monday (Oct...
LG Energy aims to double sales by expanding non-EV businesses
BATTERY maker LG Energy Solution said it plans to more than double sales by 2028, through aggressively expanding non-electric vehicle businesses such as energy storage systems.The South Korean company...
Shell sees strong natural-gas production in third quarter
SHELL saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.
Integrated...
Segantii gives up Hong Kong office amid insider dealing charge
Segantii Capital Management, the hedge fund firm at the centre of an insider trading case, has left its 12,000-square-foot office in Hong Kong, said people familiar with the matter.The...
Sliver of hope for Singapore IPO market as karaoke chain, interior decoration firm mull Catalist listings
SINGAPORE’S barren spell for initial public offerings (IPOs) could come to an end, as two companies in late September lodged their preliminary offer documents for listing on the Catalist...
Bank Indonesia says it’s ready to intervene after rupiah slump
INDONESIA’S central bank said it’s ready to step in to support the rupiah that’s in its longest losing streak since 2023.Bank Indonesia (BI) is prepared to intervene in the...
7-Eleven owner shares surge after reports on takeover tussle
SHARES in the Japanese owner of 7-Eleven jumped on Monday after media reports said it was seeking to strengthen its hand in a takeover battle, including selling a stake...
