Culture
Alibaba to partner with Apple on AI features, sending shares to 3-year high
ALIBABA will partner with Apple to support iPhones’ AI services offering in China, its chairman said on Thursday (Feb 13), a move likely…
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Culture
Culture
Honda and Nissan say merger talks called off
Japanese auto giants Honda and Nissan confirmed on Thursday (Feb 13) they had scrapped merger talks announced in December, ending a tie-up…
Culture
Sony hikes profit forecast on strong gaming business
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980…
Culture
Former intern becomes billionaire in Australia pharmacy merger
A corporate tie-up in Australia will produce a parade of fortunes in an industry hardly known for extravagance. More than 100 shareholders…
Culture
Siemens posts better-than-expected profit despite weakness at factory automation
The company’s industrial profit falls 8% to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion euros Siemens reported…
Culture
JPMorgan, UBS, Nomura face South Korea short-selling fines: report
SOUTH Korea’s financial regulator is imposing fines on JPMorgan Chase, Morgan Stanley, UBS Group and Nomura Holdings for allegedly…
Culture
South Korea fines JPMorgan, Morgan Stanley, Nomura and UBS for short selling breaches
South Korea’s market watchdog has decided to impose fines on JPMorgan, Morgan Stanley, Nomura and UBS for violating short-selling rules in…
Culture
Latest Singapore six-month T-bill cut-off yield drops to 2.9%
THE cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.9 per cent, based on auction results released by the…
Culture
Bezos’ rocket firm bracing for job cuts after years of expansion
Blue Origin is bracing for a large reduction in its workforce, sources familiar with the matter said, in a sign the Jeff Bezos-backed…
Culture
Jollibee shares rally after foreign ownership cap scrapped
SHARES of Jollibee Foods surged the most in over four years on Thursday (Feb 13) after the Philippines’ top restaurant operator secured…
Culture
Ong Beng Seng’s HPL Shifts Focus to Orchard Road Post-Cuscaden Exit
HOTEL Properties Ltd (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after…
Culture
Baidu to make AI chatbot Ernie Bot free of charge from Apr 1
CHINESE search engine leader Baidu said on Thursday (Feb 13) it would make its artificial intelligence (AI) chatbot Ernie Bot free…
Culture
Indonesia says UAE’s Emirates Global Aluminium plans nuclear power plant
UAE firm Emirates Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the…
Culture
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian…
Culture
Asia: Stocks rise, oil falls as Trump fans Ukraine peace hopes
ASIAN markets mostly rose on Thursday (Feb 13) and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes…
Culture
South Korea’s tech exports lose growth momentum as risks rise
The outlook for chip sales is turning less optimistic this year as growth in shipments has slowed in recent months SOUTH Korea recorded a…
Culture
Seatrium jumps 12.6% to S$2.59 after MOU with BP
SHARES of Seatrium surged on Thursday (Feb 13) after it announced its memorandum of understanding (MOU) with BP Exploration & Production,…
Culture
China’s coal plant boom is undercutting clean energy push
Long-term coal-power contracts are also reinforcing the fuel’s dominance at the expense of renewables CHINA embarked last year on its…
Culture
Ron Sim’s Osim overhauls product details after competition watchdog raises concerns
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and…
Culture
Osim taken to task by competition watchdog over misleading discounts, product labelling
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and…
Culture
Opec warns that US trade policy risks stoking market volatility
ORGANIZATION of the Petroleum Exporting Countries (Opec) warned that President Donald Trump’s trade policies risk stoking volatility in…
Culture
Singapore shares open lower on Thursday; STI down 0.1%
SINGAPORE equities began Thursday (Feb 13) in negative territory, following mixed performance overnight in the US and Europe. As at 9.01…
Culture
Gold inches up on trade war fears, inflation data on tap
GOLD prices edged up on Thursday (Feb 13), as markets tracked developments in US President Donald Trump’s tariff plans, which could ignite…
Culture
Prudential mulls listing of its Indian joint venture ICICI Prudential Asset Management
BRITISH insurer Prudential is evaluating a potential listing of its Indian joint venture, ICICI Prudential Asset Management, which will…