Culture
China stocks rally to decade-high on easing tariff tensions, fund rotation
China stocks closed at their highest level since 2015 on Monday (Aug 18), extending a months-long rally driven by easing trade tensions…
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Culture
Culture
Air Canada remains grounded as striking union defies order to get back to work
Air Canada’s fleet of hundreds of planes remained grounded on Monday (Aug 18) morning after striking flight attendants refused a…
Culture
SGX-listed China carmaker Nio to make South-east Asia debut in Singapore
Mainboard-listed China electric vehicle (EV) manufacturer Nio has taken a step closer to a South-east Asia debut with the appointment of…
Culture
Foxconn and SoftBank to make data centre equipment in Ohio for Stargate project
Foxconn’s said on Monday (Aug 18) it plans to manufacture data centre equipment with Japan’s SoftBank at the Taiwanese firm’s former…
Culture
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…
Culture
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…
Culture
More customer interest in floating-rate home loans amid Sora decline in Q2
The local banks have observed more customer interest in home loans on floating-rate packages, following a decline in the Singapore…
Culture
JPMorgan Asset Management registers 8 more active ETFs in Singapore for local investors
JPMorgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in Singapore,…
Culture
JP Morgan Asset Management registers 8 more active ETFs in Singapore for local investors
JP Morgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in…
Culture
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 vehicles…
Culture
PBOC signals no urgency for rate cuts despite poor economic news
China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even…
Culture
Google agrees A$55 million fine for anti-competitive deals with Australian telcos
Google agreed on Monday to pay a A$55 million (S$46 million) fine in Australia after the consumer watchdog found it had hurt competition…
Culture
Klook taps banks for US IPO: sources
Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering (IPO) in the US,…
Culture
Indonesia’s ‘Gasoline Godfather’ targeted in US$18 billion graft probe
[LONDON/JAKARTA] A reclusive oil merchant dominated Indonesia’s fuel trade for decades. Now he is embroiled in a US$18 billion probe into…
Culture
Qantas fined A$90 million over illegally sacking 1,800 workers during pandemic
Qantas Airways, Australia’s largest airline, has been fined A$90 million (S$75.2 million) for illegally sacking 1,800 ground staff and…
Culture
CapitaLand Ascendas Reit proposes S$329 million divestment of five Singapore properties
The manager of CapitaLand Ascendas Reit (Clar) announced on Monday (Aug 18) the proposed divestments of five Singapore properties. These…
Culture
Tesla almost halves UK monthly lease fee as sales slump: The Times
ISH motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on…
Culture
A2 Milk to buy New Zealand formula plant to target China growth
The company forecasts high single-digit per cent increase in revenue in the 2026 full year A2 Milk has agreed to buy a New Zealand infant…
Culture
A factory town in crisis shows Japan’s fading manufacturing era
Nissan Motor’s Oppama factory, opened in 1961, was once a crown jewel in Japan’s postwar rise to manufacturing powerhouse. Today, it…
Culture
China’s US$11 trillion stock market is a headache for both Xi and Trump
At the heart of why consumers in China save so much and spend so little, and why President Xi Jinping and US leader Donald Trump will…
Culture
GuocoLand, Hong Leong sell 870 units or 92% of Springleaf Residence at average S$2,175 psf
GuocoLand and Hong Leong Holdings’ Upper Thomson area project, Springleaf Residence, racked up a 92 per cent take-up rate over its launch…
Culture
Intel CEO’s ‘Amazing Story’ has helped make him a billionaire
Days after calling for the firing of Intel Corp’s CEO, President Donald Trump changed his mind following a “very interesting” meeting with…
Culture
Post-rehabilitation, Thai Airways revamps fleet to ride Asia-Pacific travel boom
Thai Airways International is turning to Airbus jets to fill gaps in its fleet-renewal plans and tap Asia-Pacific’s travel boom, as Boeing…
Culture
Singapore-listed office Reits deliver resilient H1 2025 performance
Singapore-listed office real estate investment trusts (S-Reits) demonstrated resilient performance in the first half of 2025, supported by…