Tag: business news
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Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Interest rates on mortgages continue to rise, leaving some buyers to choose riskier, adjustable-rate mortgages to find savings.
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Chili’s owner has surged this year. It’s still ‘underappreciated,’ Jefferies says
The investment firm upgraded the restaurant stock to buy from hold.
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Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA says
Diesel supply is expected to remain tight into 2027 as Iran war-related disruption, falling inventories and resilient demand strain the market, the IEA said.
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Crypto bosses, CEOs and F1: Singapore’s business events boom gathers pace
Singapore’s Formula 1 race week is a major business draw as a growing number of conferences coincide with the Grand Prix.
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‘Godzilla El Niño’ is wreaking havoc with Philippine central bank’s inflation forecasts
The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.
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Judge indefinitely blocks Trump from banning 3 media outlets from White House
President Donald Trump had sought to ban media outlets MS NOW, CNN and Politico from reporting from the White House.
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South Korean carmaker Hyundai plans ‘strategic’ investment of $15.5 billion in India by 2032
Korean car company Hyundai says India is a strategic core market
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Producer prices in China rise at fastest pace since June 2022, beating expectations
The increase was higher than the 4.5% expected by economists polled by Reuters, and higher than the 3.8% seen in the previous month.
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China’s exports likely grew by double-digits in September
The country’s customs agency is due to release September trade data on Wednesday.
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Singapore third-quarter GDP growth softens from four-year high but beats estimates
The GDP print beat expectations of a 5% growth from economists polled by Reuters.
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