Singapore’s new home sales hit 9-month high in August
Singapore’s private housing market saw its strongest sales in nine months in August, with buyers snapping up more than 2,100 units as new project launches fuelled demand. Data from the…
Economy
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Sainsbury’s shares hit four-year high as Argos sale talks with JD.com collapse
Shares in Sainsbury jumped to a four-year high on Monday after the UK supermarket group abruptly ended talks to sell its Argos chain to Chinese e-commerce giant JD.com.The stock rose…
US and Europe’s continued trade with Russia raises sanction efficacy questions
On Saturday, US President Donald Trump announced that the United States was ready to impose new energy sanctions on Russia. However, this action was contingent upon all NATO member nations stopping…
Morgan Stanley’s Gower says gold rally shows evolving role beyond safe-haven
Gold’s price action offers significant insights into the global economy and financial markets, demonstrating that it is more than merely a safe haven asset, according to Amy Gower, Metals &…
Alibaba shares surge to highest since 2021 on AI, cloud push as analysts flag strong growth
Alibaba shares rallied on Friday after the Chinese technology giant unveiled a series of initiatives to expand its artificial intelligence and cloud capabilities, reinforcing investor confidence in its long-term growth…
Ocado shares sink 11% as Kroger reviews warehouse strategy
Ocado’s share price fell sharply on Friday after US grocery partner Kroger signalled a strategic rethink of its warehouse investments, triggering concerns over the British online grocer’s growth prospects in…
Asian markets open: Nikkei, Kospi rise; Sensex up while Hang Seng falls
A tense and watchful calm has descended upon Asian markets, as a surprise drop in US producer prices rolls out the red carpet for a Federal Reserve rate cut, but…
Morning brief: ECB to hold rates; NYC transit lost $1B to fare evasion; Ant unveils robot
A day of major developments is underway across the globe, as the European Central Bank prepares to deliver its latest verdict on interest rates, a stunning new report reveals the…
Atlantic Basin gasoline margins surge amid supply woes, Vortexa analysis show
Gasoline margins in the Atlantic Basin surged to an average of $18-$19 per barrel in September, a significant increase from the $6-$9 per barrel seen a year ago. This sharp rise,…
Malaysia industrial output rises 4.2% in July, fastest pace of 2025
Malaysia’s industrial production expanded at its quickest pace this year in July, signalling that the country’s economic base remains resilient despite global trade pressures and tariff challenges. The Department of…