Culture
Schneider Electric looks to digitalisation, new partners to tackle rapid electrification
[SINGAPORE] Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.From buildings requiring more air-conditioning amid global warming to technology such as electric vehicles...
SoftBank’s Son ‘cried’ about Nvidia stake sale to fund AI bets
The company needs to raise capital to fund projects including data centre construction[TOKYO] SoftBank Group founder Masayoshi Son said he wouldn’t have sold off Nvidia shares if his company...
UK lenders approve more mortgages than expected in October, consumer lending cools
[LONDON] British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September,...
Singapore shares rise marginally as investors turn cautious ahead of Fed decision
Decliners beat gainers 279 to 271 across the broader market, as 1.3 billion securities worth S$1.4 billion are transacted[SINGAPORE] Singapore stocks finished slightly higher on Monday (Dec 1), as...
China’s slow-motion stock rally starts to win investor trust
Blue-chip index CSI300 has matched the S&P 500 with a roughly 16% year-to-date gain[SINGAPORE/SHANGHAI] Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old...
India orders smartphone makers to preload state-owned cyber safety app
Smartphone companies have 90 days to ensure the app is pre-installed on new mobile phones[BENGALURU] India’s telecoms ministry has privately asked smartphone makers to preload all new devices with...
Standard Chartered raises China 2026 GDP growth forecast to 4.6%
[BEIJING] Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the country’s resilient exports and continued gains...
Thai central bank proposes new foreign-exchange rules to ease pressure on baht
[BANGKOK] The Bank of Thailand (BOT) plans to roll out additional measures to ease appreciation pressure on the baht and tighten oversight of gold-related foreign-exchange transactions after the currency...
Malaysia’s Perodua unveils US$19,000 EV, battery not included
[KUALA LUMPUR] Malaysian automaker Perodua launched its first electric car on Monday (Dec 1), and will sell the vehicle separately from the battery to reduce upfront costs in a...
S-Reits poised for upturn with ‘buy’ call on 5 blue-chips: UOBKH
Brokerage also favours Lendlease, CLAR and CLAS, citing safe haven liquidity inflow into Singapore, lower cost of debt[SINGAPORE] UOB Kay Hian (UOBKH) analyst Jonathan Koh has kept an “overweight”...
