DMR News
Advancing Digital Conversations
Reevaluation in US Treasury Market Amid Federal Reserve Stance and Surging Economic Indicators
The fixed income landscape is undergoing a significant transformation, with recent developments prompting investors to reassess their positions in the Treasury market. The optimism that fueled a robust bond rally…
Equities Trim Advances Amid Evaluation of Chinese Market Support Measures: Financial Overview
In a day marked by fluctuating investor sentiment, Asian stock markets reflected a cautious optimism tempered by concerns over China’s latest market stabilization efforts and a series of reserved comments…
ISUZU continues to lead in market sales, maintaining its No. 1 position as Malaysia’s top truck brand.
Year 2023 witnesses another exceptional performance by Isuzu Malaysia, solidifying its position as the leading truck brand in Malaysia. Kuala Lumpur, February 7, 2024 – Isuzu Malaysia, a prominent name…
Crude Oil Prices Advance Amid Modest US Inventory Growth and Reduced Output Growth Forecasts
On February 7th, the crude oil market witnessed a slight uptick for the third consecutive day, buoyed by a combination of factors that signaled a tightening supply outlook. Notably, industry…
Chinese Corporations Escalate Share buybacks Activities to Counter Severe Market Downturn
In an assertive response to a staggering $7 trillion market downturn, Chinese companies are intensifying their share buyback efforts, signaling a robust participation in a broader initiative to arrest the…
Singaporean Android users will be blocked from installing some unverified apps as part of an anti-scam trial.
SINGAPORE – February 7, 2024 In a bid to fortify its defenses against malware scams, Google has announced a groundbreaking security feature that will be gradually implemented for Android users…
Scientex’s recent Johor land acquisition receives approval.
PETALING JAYA – In a strategic move that underscores the growing interest in Muar as a key hub in the future Kuala Lumpur-Singapore high-speed rail (HSR) corridor, Scientex Bhd has…
Neumann Kaffee aims for expansion in Indonesia amidst growing coffee market
Hamburg’s Global Coffee Powerhouse Sets Eyes on Indonesia’s Growing Market Neumann Kaffee Gruppe (NKG), the esteemed global coffee conglomerate, has unveiled ambitious plans to deepen its footprint in Indonesia, signaling…
Subsidiary of CapitaLand excited to purchase three industrial properties in India for $43.2 million
In a significant move signaling its bullish outlook on the Indian real estate market, Singapore-based CapitaLand, through its Indian investment arm CapitaLand India Trust (CLINT), has announced the acquisition of…
Rising Incidents of Unauthorized Chinese Immigration into the United States
In recent years, there has been a noticeable surge in the number of Chinese immigrants entering the United States through its southern border. This influx is driven by individuals seeking…
Selkie Embraces AI for Valentine’s Collection Amid Ethical Debate
Selkie, the fashion brand celebrated for its ethereal, feminine designs, recently sparked a debate within its community by introducing a pet-themed Valentine’s Day collection titled “Home Is Where the Heart…
RBA Maintains High Interest Rate, Open to Future Adjustments Amid Inflation Concerns
In a move closely aligned with global central banking trends, the Reserve Bank of Australia (RBA) has opted to keep its cash rate steady at a 12-year peak of 4.35%.…
President Xi Jinping to Review Market Strategy as Hopes for Chinese Stock Revival Grow
With the Chinese stock market experiencing significant declines, anticipation is growing for a more decisive intervention from the government. Reports have surfaced that China’s top regulators, led by the China…
Oil Prices Tick Higher as Focus Shifts to Potential Gaza Ceasefire Negotiations
Oil prices saw a modest increase in early Tuesday trading, as the market’s attention turned to U.S. Secretary of State Antony Blinken’s Middle East visit. This diplomatic mission is closely…
Strong Economic Indicators Lead to Increased Treasury Yields, Aligned with Fed’s Cautious Rate Cut Outlook
The recent movements in the U.S. Treasury market reflect a broader recalibration of expectations around Federal Reserve policies. Following a period of intense speculation about potential rate cuts, strong economic…
Snap Inc. to Cut 10% of Global Workforce in Restructuring Move
Snap Inc., the parent company of Snapchat, has recently made headlines with its decision to reduce its global workforce by 10%, affecting approximately 530 employees. This move is part of…
US Announces Visa Bans for Spyware Misuse
The United States has escalated its measures against the misuse of commercial spyware by announcing a policy to impose global visa restrictions on individuals implicated in such activities. This move,…
L’Oréal’s New Policy: Mandatory In-Office Fridays
L’Oreal, a multinational cosmetics company with a global workforce of 87,000 employees, has recently implemented a new attendance policy. This policy requires employees to report to the office for at…
CapitaLand Ascott Trust plans to sell Citadines for a big total of S$148 million.
Singapore, February 6, 2024 – CapitaLand Ascott Trust (CLAS) has announced its plans to divest Citadines Mount Sophia Singapore in a strategic move that is expected to generate significant gains.…
Deliveroo reports that 57% of restaurants have adopted digital technologies.
In an era where technology continuously reshapes business landscapes, Singapore’s food and beverage (F&B) sector stands out as a beneficiary of digital advancement, particularly through the instrumental role of food…