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Eurozone banks are vulnerable to US funding squeeze: ECB
The growing dependence on US dollars and the stronger link between banks and non-banks pose risks to the eurozone’s financial systemEUROZONE financial institutions are increasingly using US dollar markets...
Amos Group extends offer closing date to Dec 12
OFFSHORE oil and gas equipment manufacturer Amos Group on Wednesday (Nov 20) extended the deadline for shareholders to accept the offer made by its controlling shareholder to 5.30 pm...
Apple makes US$100 million investment proposal for new plant in Indonesia
TECH giant Apple has made a US$100 million investment proposal to Indonesia to build a plant to manufacture accessories and components, the industry ministry said on Wednesday (Nov 20).The...
Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024, from 4.6 billion yuan in the...
Singapore stocks fall amid mixed regional showing; STI drops 0.4%
Nikkei 225 ends 0.2% lower, while Kospi is up 0.4%; Bursa loses 0.3% and Hang Seng closes 0.2% higherSINGAPORE stocks closed lower on Wednesday (Nov 20), as investors awaited...
China smartphone sales drop 9% y/y over Singles’ Day shopping festival
Apple sales fell year-over-year by double-digit percentages, Huawei’s sales increased by 7%, while Xiaomi’s sales declined by 6%.APPLE sold fewer smartphones during China’s Singles’ Day shopping festival this year...
ADIA, GIC said nearing Pye-Barker Fire & Safety minority stake
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire & Safety in a deal that would value...
Was Mike Tyson-Jake Paul Fight Rigged? NFL Legend Michael Irvin Claims Tyson Was Forced to Hold Back Due to Secret Contract Clause
Dallas Cowboys legend Michael Irvin has shared a theory suggesting that Mike Tyson was restricted during his recent fight against Jake Paul. Paul, 27, beat the 58-year-old Tyson with...
Ramon Rivera: Maniac Who Killed Three in Manhattan Stabbing Spree Gives Disturbing Reason Behind Choosing His Victims
The career criminal accused of fatally stabbing three people in an unprovoked attack across Manhattan reportedly told police a disturbing reason for choosing his victims. Ramon Rivera, 51, allegedly...
How Did Saafir Die? Veteran Oakland Rapper Dies Unexpectedly Aged 54 as Friend Xzibit Pays Touching Tribute
Saafir, the popular Oakland rapper, has died at the age of 54. The veteran West Coast rapper, whose real name is Reggie Gibson, died at 8:45 a.m. on Tuesday,...
