Culture
Singapore shares rise amid mixed regional showing; STI up 0.2%
Across the broader market, decliners outnumber advancers 326 to 240, after 1.4 billion securities worth S$1.2 billion change hands Shares…
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Culture
Culture
Tesla teases Tuesday event as focus shifts to affordable EVs
The teaser follows Tesla’s record quarterly deliveries for the three months ended September [AUSTIN, Texas] Tesla on Sunday (Oct 5) teased…
Culture
AI adoption fuels growth of Singapore’s digital economy, growing to 18.6% of 2024 GDP
IMDA report says adoption rates of artificial intelligence in firms are up, bringing cost savings; workers say the tech has raised…
Culture
Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
Japanese shares surged to a record high on Monday (Oct 6), while the yen and long-term bonds tumbled as Sanae Takaichi was all but…
Culture
Tata Capital begins taking orders for 155 billion rupees IPO, India’s largest this year
Tata Capital started taking orders on Monday (Oct 6) for an initial public offering that may raise as much as 155 billion rupees (S$2.3…
Culture
OCBC launches upskilling programme to turn mortgage specialists into wealth advisers
OCBC has launched an “intensive four-month” upskilling programme to train mortgage specialists as wealth advisers, equipping them with…
Culture
Fullerton launches first retail fund under MAS’ S$5 billion equity initiative
It is offered as a collective investment scheme to retail, accredited and institutional investors in Singapore and selected international…
Culture
Indonesia transfers seized assets to state tin miner as crackdown intensifies
[PANGKALPINANG, Indonesia] Indonesia’s attorney general on Monday handed over assets including smelters and heavy equipment seized in a…
Culture
Trump tariffs cast a cloud over Jaipur, India’s gemstone capital
[JAIPUR, India] Inside a bright, bustling room in a factory in the city of Jaipur, Rajasthan, Neeraj Lunawat held out a piece of…
Culture
Airlines go beyond first class to adapt to luxury-seeking flyers
Customers travelling in the top-class suites routinely get priority handling for check-in, security, boarding and baggage, as well as…
Culture
AEM denies allegations of patent infringement from US semiconductor test equipment firm
The company says the patents relate to a specific wafer level test system that it does not practice US semiconductor test equipment…
Culture
BYD’s SkyRail to nowhere marks a rare misstep for EV juggernaut
Wang Chuanfu, the founder of BYD, has tried his hand at many things. Producing batteries, making electronics and most recently, what BYD…
Culture
Oil prices gain 1% after lower-than-expected Opec+ output hike
Oil prices rose about 1 per cent in early trade on Monday after Opec+ announced a more modest monthly increase in production than…
Culture
Singtel pledges support for troubled long-time unit Optus; transformation ‘will take time’
The group has supported its Australian subsidiary with A$33 billion in investments since 2001, while not receiving dividends in the last…
Culture
Bulls see piling into emerging markets as momentum returns
EMERGING market (EM) assets look set to cap a banner year, with investors expecting inflows into equities and bonds to gain momentum in…
Culture
Foxconn’s third-quarter revenue hits record, misses market forecast
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial…
Culture
Morgan Stanley bets on post-Brexit pound high in 2026
MORGAN Stanley is betting that the pound will rally after the UK’s November budget to hit a decade-high next year. The US bank recommends…
Culture
Private credit risks to be assessed by US government watchdog
THE US Government Accountability Office (GAO) is assessing the risks posed by private credit, in a sign that Washington is further…
Culture
Coface eyes growth in South-east Asia amid rising trade risks
The French trade credit insurer is betting on Asia as the global economy’s driving force In a world where global trade faces mounting…
Culture
Bitcoin rises to a record as ‘debasement’ trade spurs risk rally
BITCOIN set another all-time high as a broader risk rally around the US government shutdown buoyed the world’s largest cryptocurrency. The…
Culture
Wilmar chair Kuok Khoon Hong and Centurion joint chair Han Seng Juan up stakes
Over the five trading sessions from Sep 26 to Oct 2, institutions were net buyers of Singapore stocks with net institutional inflow of…
Culture
Federal Reserve’s Miran wants aggressive rate cuts but downplays differences with other officials
FEDERAL Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of Trump…
Culture
Electric vehicles drive UK new car market to best September since 2020
Britain’s new-car market logged its best September in five years, industry data showed on Saturday, as the crucial “new numberplate” month…
Culture
Asean’s next big test: Winning from accelerated EU trade deals
If the 10-nation bloc’s corporates move quickly, the region could see a wave of new European investment and establish a stronger foothold…