Culture
BYD shares hit record high, trouncing Tesla’s stock this year
BYD shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle (EV) leader will…
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Culture
Culture
CDL Kiwi unit’s NZ$2.25-per-share offer ‘too low and inadequate’: M&C New Zealand
THE offer by City Development Limited’s (CDL) wholly owned subsidiary to take Millennium & Copthorne Hotels New Zealand (MCK) private at…
Culture
Trump tariffs propel safe-haven gold to record highs
GOLD prices soared to a record high on Tuesday (Feb 11), as investors flocked to the safe-haven asset after US President Donald Trump…
Culture
SoftBank explores debt-heavy financing for US$500 billion AI push
A FEW weeks ago, SoftBank Group founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an…
Culture
Stocks to watch: Paragon Reit, GuocoLand, Keppel
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 11): Paragon Real Estate…
Culture
McDonald’s profits dented by food poisoning outbreak
MCDONALD’S reported a dip in profits on Monday as it contended with lingering effects from a US food poisoning outbreak that depressed…
Culture
Morgan Stanley sets US$3 billion X loan to tap into Musk mania
MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social media…
Culture
BYD puts driver-assistance features in most of its cars for free
BYD will enable advanced driver-assistance features in almost all future models at no additional cost to buyers as part of a bid to…
Culture
US: Wall St kicks off week higher as Trump's tariffs lift steelmakers
Wall Street’s main indexes opened higher on Monday (Feb 10), recovering from last week’s declines, as steelmakers surged after US…
Culture
Keppel’s new commercial property secures financial services company as anchor tenant
The Tanjong Pagar building features smart building management systems and renewable energy use ASSET manager Keppel’s new commercial…
Culture
GuocoLand H1 profit up 13 per cent to S$74.6 million
PROPERTY developer GuocoLand reported a net profit of S$74.6 million for the first half ended Dec 31, 2024, up 13 per cent year on year…
Culture
Nokia hires Intel’s AI executive as CEO in push for turnaround
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network…
Culture
Manulife appoints new Singapore CEO amid leadership shake-up in Asia
INSURER Manulife has appointed Benoit Meslet, the current chief executive officer of its Japan office, to head its Singapore division.…
Culture
Innovation Centres in Singapore are Doing Many Interesting Things
AFTER Procter & Gamble (P&G) launched the Olay Super Serum in the United States in 2023, the product shot to pole position among serums…
Culture
Expect growth opportunities from more regional trade amid US tariffs: DBS
EVEN though the Trump administration may cause global volatility, DBS expects to gain from more intra-regional trade as a result of US…
Culture
TSMC January sales growth slows after DeepSeek roils market
TSMC’s outlook is overshadowed by US President Donald Trump’s threats to slap tariffs on semiconductor imports TAIWAN Semiconductor…
Culture
Taiwan’s legacy chip industry contemplates future as China eats into share
WHEN Taiwan’s Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped…
Culture
‘I’ll give it my best shot’: incoming DBS CEO Tan Su Shan eyes growth in high ROE businesses
INCOMING DBS chief executive Tan Su Shan said she will focus on growing businesses that provide a high return on equity (ROE) when she…
Culture
Dongfeng jumps on bets consolidation will sweep China car market
DONGFENG Motor Group surged almost 90 per cent in Hong Kong after the Chinese automaker said its parent company plans to restructure, a…
Culture
Bitcoin hoarder’s stock soars 4,000% in Japan on crypto rally
THE ripple effects of US President Donald Trump’s pro-crypto agenda are fuelling a surge in Bitcoin demand in Japan, where one hotelier’s…
Culture
China bubble tea maker Guming raises US$232 million in IPO, term sheet shows
CHINESE bubble tea firm Guming has raised US$232 million in a Hong Kong initial public offering (IPO) after setting the price of its…
Culture
Nippon Steel slumps after Trump suggests US Steel investment
NIPPON Steel slumped the most in four months after a closely watched summit between US President Donald Trump and Japanese Prime Minster…
Culture
DeepSeek sparks hope for renaissance in China’s tech megacaps
THE rise of Chinese artificial intelligence (AI) startup DeepSeek is forcing investors to re-evaluate the nation’s leading Internet…
Culture
Singapore’s STI breaks through to a new record as banks hit fresh highs
SINGAPORE’S Straits Times Index (STI) has broken through to a new record high on Monday (Feb 10). The index traded as high as 3,912.38…