Fashion
US: Wall St opens slightly lower ahead of data, Fed commentary
WALL Street opened a touch lower on Tuesday (Dec 3) after the S&P 500 and the Nasdaq notched record high levels in the last session, with…
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Fashion
Fashion
Danish brewer Carlsberg sells Russian business
Danish brewer Carlsberg announced on Tuesday (Dec 3) an agreement to sell its shares in its Russian unit, a day after President Vladimir…
Fashion
ExxonMobil considering sale of Singapore petrol stations for US$1 billion: sources
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol…
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'I want you to be my agent.' What to know about Trump's ties with Hollywood power player Ari Emanuel
Last month, President-elect Donald Trump entered a sold-out Madison Square Garden to attend the mixed martial arts extravaganza UFC 309.…
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Indonesia expects US$1 billion investment commitment from Apple in a week
Indonesia is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday…
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Standard Chartered targets US$200 billion in new wealth assets over next five years
STANDARD Chartered will target US$200 billion in new assets and double digit growth in income from its wealth business over the next five…
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The world’s super rich are moving to Dubai, but keeping their assets in Singapore, Switzerland
Nevertheless, influx of wealth into the UAE city will likely support its growth as a booking centre MORE high-net-worth individuals around…
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China curbs exports of key chipmaking components to US
BEIJING said on Tuesday (Dec 3) that it would restrict exports to the United States of some key components in making semiconductors, after…
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China lifts final trade restrictions on Australian meat processors
CHINA has lifted trade restrictions on two Australian meat processing facilities, allowing the full resumption of red meat exports to the…
Fashion
ExxonMobil is said to weigh sale of US$1 billion Singapore gas stations
OIL major ExxonMobil is considering a sale of its gas stations in Singapore, which could raise about US$1 billion, according to sources…
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US proposes US$7.5 billion loan to Stellantis, Samsung SDI battery joint venture
THE US Energy Department said on Monday (Dec 2) it is planning to loan up to US$7.5 billion to a joint venture of Chrysler parent…
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China needs new clean tech investments after wind and solar boom
CHINA needs to boost investment in a new generation of clean energy technology including storage, hydrogen and sustainable aviation fuel,…
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Airlines not switching quickly enough to green jet fuel: study
MOST of the world’s airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group…
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Societe Generale on sales hiring push in Tokyo amid bond market revival
SOCIETE Generale has hired four senior salesmen in Japan as it seeks to capitalise on the country’s invigorated bond market along with…
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China’s yuan falls to one-year low on weak growth, tariff risk
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid…
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BOJ weighs case for first triple hike since Japan’s bubble burst
BANK of Japan (BOJ) governor Kazuo Ueda has plenty of data to support the case for raising the benchmark rate in December, an outcome that…
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STI up 0.9% as regional stocks rise amid further stimulus expectations in China
SINGAPORE shares ended higher on Tuesday (Dec 3), tracking regional gains as China’s central bank reiterated plans to boost the economy to…
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Marco Polo Marine H2 net profit dips 41.5% to S$10.7 million on lower revenue
MARCO Polo Marine posted lower net profit of S$10.7 million for its second half of the financial year ended Sep 30, 2024, down 41.5 per…
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DBS hires private bankers for rich Russians as rivals baulk
DBS has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the…
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Stocks to watch: Yangzijiang Shipbuilding, CapitaLand Investment, Dasin Retail Trust, Sembcorp Industries
THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 3): Yangzijiang Shipbuilding: The…
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Sembcorp unit inks second power purchase agreement with Equinix
It will supply the US data-centre firm a maximum capacity of 58.5 MWp from its renewable energy portfolio SEMBCORP Industries’ wholly…
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Nissan is awash in outdated models as car buyers look elsewhere
WAITING times for Nissan Motor cars in Japan have shrunk far below those of other local brands, the latest sign of weak customer demand…
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Microchip says it will shut Arizona plant, updates outlook
MICROCHIP Technology, a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona,…
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Amazon debuts tools to make data centres less power hungry
AMAZON.COM’s cloud unit is rolling out components it says will make data centres run more efficiently, a move that could help address the…