Business news
- Shares in Wegovy-maker Novo Nordisk pop 6% after GLP-1 pill approval - The FDA on Monday approved the first-ever GLP-1 pill from the Danish pharmaceutical giant.
- Singapore inflation remains steady at 1.2% in November, missing estimates - The reading was lower than Reuters-polled analysts' median estimates of 1.3%.
- Asia’s worst-performing currency is set for a rocky start to 2026 - The Indian rupee is expected to touch 92 against the dollar by end-March 2026 amid trade policy uncertainty and capital outflows.
- South Korea's Hanwha Ocean sees shares jump 10% after Trump says firm to build warships for U.S. Navy - Trump said that the frigates will be built at the Philadelphia shipyards, which Hanwha had invested $5 billion into.
- Asia-Pacific markets mostly climb after AI trade lifts Wall Street overnight - Investors in Asia will watch out for AI-related plays in the region, as well as inflation reading out of Singapore.
- FDA approves first GLP-1 pill for obesity from Novo Nordisk - Health and ScienceFDA approves first GLP-1 pill for obesity from Novo NordiskPublished Mon, Dec 22 20256:06 PM ESTUpdated 1 Min AgoAnnika Kim Constantino@annika
- Greenland PM rebukes Trump special envoy overture - President Donald Trump on Sunday appointed Louisiana Governor Jeff Landry as a 'special envoy' to Greenland.
- How U.S. oil tanker seizures targeting Venezuela are linked to rising geopolitical tensions with China - U.S. seizures of vessels carrying Venezuelan oil may become a bigger strategic pressure point in the geopolitical battle with China, a major buyer of the crude.
- Denmark to summon U.S. ambassador as Trump's Greenland special envoy appointment stirs tensions - Denmark pushes back against Trump's appointment of Jeff Landry as U.S. Special Envoy to Greenland.
- Epstein Files: Schumer to force Senate vote on suing DOJ over partial release - President Donald Trump signed a law compelling the full release of the Jeffrey Epstein files. But the DOJ has released just a fraction.