Culture
Nissan October production down globally except in Mexico, but Trump tariff threat looms
NISSAN Motor said on Thursday (Nov 28) that its global production fell for a fifth straight month in October, led by downshifts at most of its manufacturing hubs except...
Toyota’s sales, output plateau as slump persists in Japan, China
TOYOTA Motor’s sales and production plateaued last month, buoyed by a slight rebound abroad after a prolonged slump in Japan.Global sales, including that of subsidiaries Daihatsu Motor and Hino...
Mizuho weighs new push to target private equity boom in India
MIZUHO Financial Group is considering making a push into a new area for the lender in India focusing on private equity and venture capital firms, seeking to tap some...
Amazon says it injected S$2 billion into its Singapore businesses in 2023
AMAZON on Thursday (Nov 28) announced that it injected more than S$2 billion into its retail and cloud businesses in Singapore in 2023. The outlay comprised capital expenditure, including improvements...
UK car outlook worsens after eight straight months of declining production
UK CAR output slumped for the eighth consecutive month in October, leading the industry’s trade group to warn of further deterioration in the outlook for automakers.Production dropped 15 per...
Australia’s central bank overhaul revived in last minute talks
AUSTRALIA’S plans to overhaul the Reserve Bank of Australia (RBA), including splitting the current board in two, may be back on the agenda after the Labor government and minority...
Gold prices held steady amid growing tariff war fears
GOLD prices were steady on Thursday (Nov 28), as investors digested a flurry of economic data in the previous session and evaluated the possibility of a tariff war sparked...
Singapore stocks rise on optimism over rebound in real incomes and easing inflation; STI up 0.8%
SINGAPORE stocks ended higher on Thursday (Nov 28) after the Republic reported a rebound in real incomes for 2024, according to preliminary estimates, as inflation eased.A Ministry of Manpower...
US Fed’s favoured inflation gauge picks up, backs cautious approach
THE US Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.The so-called core personal...
Stocks to watch: Mapletree Logistics Trust, DBS, First Sponsor, IReit Global
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 28):Mapletree Logistics Trust (MLT): The real estate investment trust divested two warehouse properties...
