Culture
Air Canada remains grounded as striking union defies order to get back to work
[MONTREAL] Air Canada’s fleet of hundreds of planes remained grounded on Monday (Aug 18) morning after striking flight attendants refused a government-backed order to get back to work and...
SGX-listed China carmaker Nio to make South-east Asia debut in Singapore
[SINGAPORE] Mainboard-listed China electric vehicle (EV) manufacturer Nio has taken a step closer to a South-east Asia debut with the appointment of Wearnes Automotive as its distributor in Singapore.On...
Foxconn and SoftBank to make data centre equipment in Ohio for Stargate project
Published Mon, Aug 18, 2025 · 04:28 PM[TAIPEI] Foxconn’s said on Monday (Aug 18) it plans to manufacture data centre equipment with Japan’s SoftBank at the Taiwanese firm’s former...
Watchmaker Swatch apologises for ‘slanted eye’ ad after online backlash in China
The criticism over the advert is the latest setback for the watchmaker whose shares have fallen by more than half since early 2023 and now faces a 39% tariff...
Bank of Singapore launches alternative option to single-family offices for ultra-high-net-worth individuals
Its Family Office Catalyst allows for advantages traditionally associated with a single-family office, without the need to launch or manage one[SINGAPORE] The Bank of Singapore (BOS) on Monday (Aug...
More customer interest in floating-rate home loans amid Sora decline in Q2
[SINGAPORE] The local banks have observed more customer interest in home loans on floating-rate packages, following a decline in the Singapore Overnight Rate Average (Sora) in the second quarter...
JP Morgan Asset Management registers 8 more active ETFs in Singapore for local investors
[SINGAPORE] JP Morgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in Singapore, comprising seven flagship research enhanced index (REI) ETFs and the world’s...
JPMorgan Asset Management registers 8 more active ETFs in Singapore for local investors
[SINGAPORE] JPMorgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in Singapore, comprising seven flagship research enhanced index (REI) ETFs and the world’s largest...
Dongfeng Motor to sell 50% stake in joint venture with Honda
The plan to divest the business highlights how cut-throat the Chinese market has become in its fast-paced shift to electric vehiclesPublished Mon, Aug 18, 2025 · 01:50 PM[HONG KONG]...
PBOC signals no urgency for rate cuts despite poor economic news
[BEIJING] China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even though the economy just recorded its worst month so...
