Culture
Sea announces first-ever share buyback of up to US$1 billion
The timing and amount of the buybacks will be determined on market conditions and other factors, says company Consumer Internet company…
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Culture
Culture
Emirates orders 65 Boeing 777X planes in US$38b deal
Emirates ordered 65 Boeing 777X planes in a deal worth US$38 billion on Monday (Nov 17), delivering a vote of confidence to the US…
Culture
Minimum fare for Grab drivers to rise by S$0.50 to S$5.80 from Nov 24
It follows Grab’s recognition of the NTUC-affiliated National Taxi Association to represent taxi drivers on its platform The minimum fare…
Culture
Hyundai pledges record US$85.8b investment in South Korea
Hyundai called it “the company’s largest-ever domestic investment commitment” South Korean auto giant Hyundai Motor Group pledged on…
Culture
L'Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
Cosmetics giant L’Oreal said on Monday (Nov 17) it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its…
Culture
Nomura said to probe if profits inflated at India bond desk
Nomura Holdings is investigating its India fixed-income business, asking senior officials in its rates division to determine whether…
Culture
Samsung hikes memory chip prices by up to 60% as shortage worsens: sources
The chip crunch has been so severe that it has spurred panic buying by some customers, according to industry executives and analysts…
Culture
MAS imposes S$137,000 penalty on Alpha Energy’s ex-managing director for insider trading
He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years The Monetary…
Culture
EQT billionaire takes on Wall Street titans with big Asia push
The firm may not be a household name but it’s grown to become the largest non-US private equity firm in the world, with US$310 billion in…
Culture
Indonesia plans 25% free-float level to deepen market, OJK says
Indonesia plans to gradually increase the minimum free-float level for listed companies as part of its effort to deepen stock market…
Culture
Del Monte Pacific Q2 net profit jumps seven times to US$16.8 million
Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million…
Culture
ST Engineering sells 49% stake in Shanghai MRO JV to China Eastern Airlines for 680.5 million yuan
The move will yield a one-off gain of around S$48.1 million, based on the S$60.2 million carrying value for Starco ST Engineering has…
Culture
US sanctions propel Chinese AI prodigy to US$23 billion fortune
In 2019, Chen Tianshi was a long way from becoming one of the wealthiest people on the planet. The largest customer for his three-year-old…
Culture
Pop Mart’s Labubu risks beanie baby-style collapse: analyst
The shares have fallen about 25% since Hu initiated her coverage of the Beijing-based toy firm with an “underperform” rating on Oct 16 The…
Culture
Airbus says Middle East regional aircraft to more than double by 2044
Airbus expects the Middle East’s regional aircraft fleet to more than double to 3,700 planes by 2044, an official said on Sunday (Nov 16).…
Culture
Boeing says partnership for T-7 trainer export bid imminent
Boeing is close to announcing a partnership to bid for an international sales opportunity for its T-7 trainer, company executives said on…
Culture
Luxury houses eye India, but barriers remain
The country, with 1.4 billion people, offers “a promising market, but still a complicated one” The globe’s biggest luxury brands have…
Culture
Samsung plans US$310 billion investment to power AI expansion
Five-year investment package includes plans to build a new semiconductor facility designed to meet the needs of memory-chip demands South…
Culture
Korean conglomerates pledge US$464 billion of domestic investment
A trade deal with the US sparked concerns over low domestic investment and the nation’s currency Samsung Electronics, Hyundai Motor Group…
Culture
Bitcoin is on the verge of erasing year’s gain as rout deepens
Bitcoin fell below US$95,000 for the first time in about six months as a bout of risk aversion sweeping across markets saw investors pull…
Culture
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump. In Europe, the US and Asia,…
Culture
Tan Kok Huat, CEO of Reclaims Global, boosts stake
Financial services and telecommunications booked the most net institutional inflow for the week of Nov 7 to 13 Over the five trading…
Culture
Vietnam’s EV boom: VinFast buys first, mass adoption follows
Domestic brands lead Vietnam’s EV market despite intense competition and limited government incentives Vietnam is enjoying its position at…
Culture
US jury says Apple must pay Masimo US$634 million in smartwatch patent case
A FEDERAL jury in California said on Friday(Nov 14) that Apple owes medical-monitoring technology company Masimo US$634 million for…