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Asian markets opened on a positive note on Monday, November 10, 2025, tracking gains across major regional indices. Japan’s Nikkei 225 Index advanced 1.05% to...
An SIA spokesperson confirmed that both SIA and Scoot are implementing alternative flight paths to circumvent potential risks associated with the current geopolitical climate. The spokesperson assured that while no flights have been canceled, passengers should anticipate some delays as the new routes may result in longer travel times. The airline stressed that the safety of its passengers and crew is of utmost importance, and it is taking these precautionary measures to mitigate any risks.
In Singapore, Seatrium, a key offshore and marine player, was the STI's biggest loser, plummeting 11.3% to $1.49 despite reporting a profit of $36 million for the first half of the year, a reversal from its previous loss. This drop in Seatrium’s stock significantly contributed to the overall decline of the STI.
Under the terms of the new agreement, the parties have adjusted the acquisition details, reducing the equity interests to be acquired from 49% to 42.33% and the payment amount from 1.13 billion yuan to 975.7 million yuan.
The downturn was significantly influenced by a notable drop in Singapore Airlines (SIA) shares, which fell sharply following the airline's weaker-than-expected quarterly earnings report. The decline in SIA's stock price not only weighed heavily on the broader index but also reflected broader concerns about the airline sector's recovery trajectory amid persistent economic uncertainties.
Recent developments in the US monetary policy suggest that the Federal Reserve is moving closer to reducing interest rates, a shift that could have significant implications for currency values worldwide. Analysts predict that this move will lead to a depreciation of the Singdollar as investors adjust their portfolios in response to the changing interest rate environment.
Hong Kong’s appeal lies in its strategic location as a gateway to both Mainland China and the broader Asia-Pacific region. The Special Administrative Region boasts a sophisticated financial sector, a pro-business regulatory environment, and a high level of connectivity with global markets. These attributes, Hong Kong officials argue, present a compelling case for Indonesian enterprises to consider expanding their horizons beyond Singapore’s borders.
The agreement is designed to help Singapore explore the feasibility of incorporating nuclear energy into its energy mix, with the aim of achieving net-zero emissions by 2050. Although Singapore has not committed to deploying nuclear energy, this agreement provides a framework for rigorous study and collaboration on advanced nuclear technologies
According to Minister Teo, Singapore’s data centre capacity is among the highest globally, a testament to its advanced infrastructure and robust digital ecosystem. The country's dense network of data centres is pivotal in supporting the growing demand for cloud computing, big data analytics, and digital services, which are increasingly integral to both business operations and everyday life.
The MAS's approach to maintaining tight monetary conditions is a direct response to the rising costs of imported goods, which have been exacerbated by global supply chain disruptions and fluctuating commodity prices.
The two platforms collectively owe a substantial 213.4 billion won to their vendors, with Tmon responsible for 128 billion won and WeMakePrice for 85.4 billion won. This amount is anticipated to rise as more transactions near completion, as estimated by the Korea Herald.
Oxley Holdings repurchased 100,000 shares at SG$0.079 each, totaling SG$7,947.42, according to a Singapore Exchange filing. To date, the company has bought back 18,764,000 shares out of its authorized 212,473,205.
The impressive earnings for the first quarter underscore a notable rebound from the previous year, driven by a combination of factors including increased demand for aircraft maintenance services and higher operational efficiencies.
The MAS’s decision to maintain its current policy stance reflects a cautious approach to managing the Singapore dollar's nominal effective exchange rate.
The more guarded optimism comes amidst a backdrop of mixed economic signals. The manufacturing sector’s downturn, driven by declines in electronics and biomedical output, has raised concerns about broader economic impacts.
The June figures, released on Friday, reveal a more pronounced drop than the 2.5% decrease anticipated by economists.