Fashion
BP and partners to invest US$7 billion in carbon capture project in Indonesia’s Papua
BP AND partners said they would invest US$7 billion in a carbon capture project and gas field development in Indonesia’s easternmost Papua region that could unlock three trillion cubic...
CapitaLand Ascott Trust sells Japan rental housing asset to Goldman Sachs for 12.7 billion yen: report
CAPITALAND Ascott Trust (Clas) has sold a rental housing asset in Japan to Goldman Sachs for 12.7 billion yen (S$110 million). Real estate intelligence firm Mingtiandi on Friday (Nov...
FAA plans to review 737 MAX engine issue after bird strike incidents
THE Federal Aviation Administration (FAA) plans to convene a review board in the coming weeks to consider safety concerns about engines on Boeing 737 MAX airplanes after two bird...
Nissan to cut or transfer about 1,000 jobs in Thailand: sources
NISSAN Motor will cut or transfer about 1,000 jobs in Thailand as it shrinks production in South-east Asia, part of its recently announced global workforce reduction plan, two sources...
AirAsia’s Tony Fernandes plots low-cost Dubai-like hub in Bangkok, Kuala Lumpur
AIRASIA hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places such as Bangkok and Kuala Lumpur as the discount carrier looks to...
Safe-haven gold on track for weekly gain
GOLD prices were steady on Friday (Nov 22) but still poised for a weekly gain, driven by safe-haven demand due to escalating geopolitical concerns, while market awaited clearer signals...
China’s richest man berates PDD, ByteDance for months of misery
CHINA’S richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped...
Uber said in talks to invest in US IPO of China’s Pony AI
UBER Technologies plans to invest in Pony AI’s US initial public offering (IPO), which is expected to be priced next week after being upsized by the autonomous driving firm,...
Hong Kong’s private wealth assets rise for first time since 2020
HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual growth since 2020, according to a report released...
Coinbase eyes more acquisitions as it expands payments business
COINBASE Global is ramping up its efforts in the digital-payments space, with ambitions to make additional acquisitions and generate more revenue from the business line.The biggest US crypto exchange...
