Culture
Trafigura floods LME Malaysia warehouses with aluminium: sources
LME aluminium stocks at Port Klang jump nearly 100,000 tonnes on Oct 30 to 366,850 tonnes Trafigura delivered large quantities of…
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Culture
Culture
EV maker Seres steps out of Huawei’s shadow with Hong Kong listing debut
For years, Seres Group leaned on Chinese technology champion Huawei Technologies to transform an assembler of cheap minivans into the…
Culture
Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges
The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market Nippon Steel,…
Culture
McDonald's beats sales estimates as value meals pull in cautious diners
McDonald’s beat estimates for third-quarter global comparable sales on Wednesday (Nov 5) as affordable meal offers from the fast-food…
Culture
Hong Kong arrests 80 in one of its biggest crypto frauds
Hong Kong police said on Wednesday (Nov 5) they have arrested dozens of suspects in connection with one of the city’s largest crypto fraud…
Culture
Thailand hunting down ‘gray money’ behind baht’s odd strength
It will synchronise data across government and financial institutions to detect unusual transfers The Thai government will set up a…
Culture
PropNex subsidiary sued for S$586,000 over alleged misrepresentation and breach of duty
A wholly-owned subsidiary of PropNex and two other defendants are being sued for at least S$586,172, allegedly over a breach of duty of…
Culture
Nissan to cut Rogue production in Japan over Nexperia fallout: source
The automaker plans to cut output of the Rogue sport-utility vehicle by about 900 vehicles in the week starting Nov 10 Nissan Motor will…
Culture
Coliwoo’s public offer of 5.3 million shares 20.7 times subscribed
Coliwoo has drawn strong investor interest for its initial public offering (IPO), with 5.3 million public offer shares about 20.7 times…
Culture
October Best Sellers - Southern Curls & Pearls
I can’t believe I’m rounding up October’s Best Sellers because that means October is OVER! It does make me a little sad that this year is…
Culture
Bukit Sembawang Estates H1 earnings dip 25% after completion of two condo developments
Bukit Sembawang Estates’ net profit for the half-year ended September fell 25 per cent year on year to S$47.2 million, primarily due to a…
Culture
OCBC appoints Melvyn Low as group chief strategy and transformation officer
The industry veteran has held senior positions in cash management, trade and securities services at various regional and global banks OCBC…
Culture
China bans foreign AI chips from state-funded data centres: sources
The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use…
Culture
Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion
The company’s managing director says there is a gap in Malaysia for integrated wellness solutions for seniors Sunway Healthcare Group is…
Culture
Volkswagen to develop chip for China smart cars with Horizon Robotics
The move would deepen the carmaker’s research and development capability ‘in China, for China’ Volkswagen said on Wednesday (Nov 5) that…
Culture
Hong Kong exchange profit jumps 56% on trading, IPO boom
The benchmark index has surged 29% driving stock and derivatives trading to records Hong Kong’s stock exchange reported another record…
Culture
CDLHT sets up S$1.5 billion multicurrency debt issuance programme
CDL Hospitality Trusts (CDLHT), a stapled group consisting of CDL Hospitality Real Estate Investment Trust (H-Reit) and CDL Hospitality…
Culture
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su The US dollar has lost…
Culture
Asia: Stocks tumble as stretched valuation fears grip markets
Asian stocks dived on Wednesday (Nov 5) and market volatility surged to levels not seen since April after an overnight tech-led sell-off…
Culture
Lendlease Reit acquires remaining 70% of PLQ Mall for S$246.8 million
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Culture
UPS cargo plane crashes in Kentucky, leaving at least 3 killed, 11 injured
UPS said on Tuesday one of its wide-body cargo planes with three crew members on board crashed in Louisville, Kentucky, and video from…
Culture
Stocks to watch: SIA Engineering, Parkway Life Reit, Lendlease Reit, Aims Apac Reit, Manulife US Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 5): SIA Engineering: The…
Culture
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food…
Culture
New lawsuit alleges Spotify allows streaming fraud
A NEW lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures to benefit…