US stocks rose for a second straight session, led by tech. The Nasdaq gained 1.3%, the S&P 500 rose 0.9%, and the Dow added 0.4%. Oracle jumped 6.6% after news that TikTok will sell its US operations to a new venture involving Oracle, reversing earlier weakness tied to debt and AI spending concerns. AI-related stocks rebounded, with Nvidia up about 4% on reports the Trump administration may allow sales of advanced AI chips to China, and Micron climbing around 7% after strong revenue guidance reinforced confidence in the AI sector.
Mike Wilson says US equities have exited a three-year rolling recession and entered a new cycle, marked by an April capitulation and improving earnings, that should favour laggards and small caps into 2026. While he warns of near-term liquidity tightening, his base case is for a strong earnings rebound, supported by AI-driven margin gains. He is overweight US small caps, prefers equal-weight indices, and favours financials and industrials, with healthcare as a defensive hedge. Lon
Manulife US REIT receives unitholder approval for disposals and new acquisition mandate
HS Optimus Holdings sells Melbourne property for A$19.7 mil
Centurion Corp’s David Loh acquires 200,000 ordinary shares in company for $1.28955 apiece
Coliwoo enters into sale and leaseback agreement for Coliwoo Hotel Pasir Panjang
mDR Limited Announces Acquisition and Sale of Quoted Securities Valued at Over S$11 Million
ValueMax Group Issues 40,000 New Shares from Warrant Exercise at S$0.36 Each
IPC Corporation Ltd Extraordinary General Meeting 2025: Approval of Nest Hotel Japan Corporation Share Disposal
Darco Water Technologies to Acquire Remaining 49% Stake in Darco InfraCo Vietnam Water for US$3.64 Million in Major Transaction
Keppel REIT Completes Acquisition of 75% Interest in Top Ryde City Shopping Centre and Fully Utilises S$113 Million
Aztech Global Ltd. Completes Sale of Johor Factory Property
With the Christmas holiday approaching, Macau media quoted Cheung Kin Chung, President of the Association of Macao Tourist Agents, as forecasting that the average hotel occupancy rate will reach over 85% during this Christmas period, basically flat to slightly up compared to the same period last year.
Casino stocks were hyped up, with major blue chips GALAXY ENT (00027.HK) and SANDS CHINA LTD shooting up 2.7-2.9%.
AAC TECH Next-generation AR Product to Achieve Large-scale Delivery Next Yr
HS Optimus Holdingposts 40% profit rise, eyes boost from Visit Malaysia 2026
Gamuda, Leader Energy winners of battery storage bids
SunCon wins RM386m job from US tech firm a day after securing RM570m project
Mah Sing and KLK team up to develop RM2.26 bil industrial park in Johor’s JS-SEZ
Perdana Petroleum bags two vessel charter contracts from Dialog Group
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