Singapore Gasoline Pump Price Soars to 11-Month High in Inflationary Blow
Pump prices in Singapore have surged to an 11-month high, adding to concerns about persistent inflation in the Asian financial hub.
Pump prices in Singapore have surged to an 11-month high, adding to concerns about persistent inflation in the Asian financial hub.
Novo Nordisk A/S said the supply of its blockbuster obesity medicine Wegovy will continue to be restricted in the US as the drugmaker struggles to increase capacity.
The Philippine economy expanded much slower than expected in the second quarter, reeling from the impact of above-target inflation, borrowing costs at a 16-year high and government underspending.
Entain Plc has set aside £585 million ($745 million) for a possible settlement with UK authorities following an investigation into potential bribery offenses at its former Turkish business.
The administrators of bankrupt crypto exchange FTX criticized traders and market makers on a key creditor panel, accusing them of seeking control of assets regardless of the impact on other stakeholders.
Foreign investors ramped up purchases of Malaysian assets last month in their hunt for carry returns amid bets global central banks are near the end of their tightening cycles.
The tournament has more sponsors than ever — but they still aren’t paying as much as they do for the men’s event.
Siemens AG’s earnings fell short of analyst estimates as the company saw demand for its digital industries unit drop in China while taking a hit on its stake in the troubled wind-turbine maker Siemens Energy.
European and US stock futures climbed Thursday against a mixed picture in Asian equities as investors await US inflation data for cues on the Federal Reserve’s next steps.
Inflation concerns are threatening to keep US Treasury yields higher for longer, worsening the recent selloff in Asia stocks by making valuations look less appealing.