Business
China’s central bank pauses gold purchases for sixth straight month
CHINA’S central bank refrained from purchasing gold for its reserves for the sixth consecutive month in October, according to official…
Kim Browne
As an editor at GQ British, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Business
AstraZeneca’s US$1.5 billion manufacturing plant to create over 800 jobs in Singapore
ASTRAZENECA plans to hire more than 800 employees in Singapore including engineering, technical services and global supply chain roles at…
Business
OCBC to make cross-border payments available to over 50 digital wallets by 2026
The bank is starting with Chinese digital wallets Weixin Pay (WeChat Pay) and Alipay OCBC is collaborating with Visa to make cross-border…
News
DBS sees upside to 2025 profits under Trump administration
Singapore’s largest lender posts yet another record quarterly net profit of S$3 billion in Q3 DBS expects its pre-tax profits for 2025…
Business
Vietnam sets dong fix rate at record low amid US dollar strength
VIETNAM set its reference rate for the dong at a record low, setting the stage for more weakness in the South-east Asian nation’s currency…
News
Indonesia confident palm oil production can be increased to meet biofuel demand
INDONESIA’S chief economic minister said on Thursday (Nov 7) that he is confident palm oil production can be increased in coming years to…
News
Automakers brace for new tariffs, EV changes under Trump presidency
AUTOMAKERS are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from other countries…
Culture
Nets, Liquid leverage interoperable QR payments to expand services
NETWORK for Electronic Transfers (Nets) and Liquid Group have each announced plans to expand their services based on the interoperable…
Business
US SEC crypto enforcement slated for major rollback under Trump
THE crypto industry poured millions of US dollars into the presidential and congressional races, but its most salient election victory is…
Business
Acrophyte Hospitality Trust’s 9-month net property income down 4% to US$33.8 million
ACROPHYTE Hospitality Trust’s net property income (NPI) for the first nine months of FY2024 fell 4 per cent year on year to US$33.8…
News
Canada orders shutdown of TikTok’s Canadian business, app access to continue
CANADA on Wednesday (Nov 6) ordered Chinese-owned TikTok’s business in the country to be dissolved, citing national-security risks, but…
Business
DBS beats estimates as Q3 net profit rises 17% to S$3.03 billion; sets up S$3 billion share buyback programme
DBS’ net profit for the third quarter ended March 2024 rose 17 per cent year on year to S$3.03 billion – crossing the S$3 billion mark for…
Business
Lamborghini revenue jumps 20% on high demand for all models
ITALIAN luxury sports car maker Lamborghini posted on Wednesday (Nov 6) nine-months revenue that was up by 20 per cent to 2.43 billion…
News
ECB’s Guindos warns of ‘huge’ impact of Trump tariff plans
THE global economy faces potentially detrimental shocks to growth and inflation if US President-elect Donald Trump implements the kind of…
Culture
US: S&P 500, Dow open at record high as Trump wins US presidency
The S&P 500 and the Dow scaled all-time highs on Wednesday (Nov 6), while the Nasdaq also jumped, as Republican Donald Trump won the 2024…
Business
Japan’s steelmaker JFE cuts annual profit forecast on slow local demand, slumping Asia market
JAPAN’S second-biggest steelmaker, JFE Holdings, lowered its forecast for annual net profit by 37 per cent, hit by slow demand for…
Business
Jeweller Pandora’s shares sink as warns soaring silver could dent margins
PANDORA said on Wednesday (Nov 6) that higher silver and gold prices could hit its 2026 operating profit margin target, sending the Danish…
Business
KKR acquires 35% of Fuji Soft after first stage of tender offer
PRIVATE equity firm KKR has acquired a 35 per cent stake in Japanese software developer Fuji Soft after the first part of its two-stage…
News
STI climbs on news of imminent Trump win in US election
THE Straits Times Index (STI) inched up on Wednesday (Nov 6), as regional indices posted mixed results. The STI was up 0.6 per cent or…
Business
SIA Engineering to derive more contributions from its operating business
It is riding on robust demand for MRO services amid supply chain constraints and deferred plane deliveries AVIATION maintenance, repair…
Business
BMW profit dives, misses expectations due to weak China sales, brake issues
BMW on Wednesday (Nov 6) reported a 61 per cent drop in its quarterly third-quarter profit that missed analyst expectations because of…
Culture
Puma reports Q3 sales increase on rising running and soccer shoes demand
GERMAN sportswear maker Puma on Wednesday (Nov 6) reported a 5 per cent rise in currency-adjusted sales for the third quarter as it sold…
Culture
With Trump leading in polls, analysts warn of hit to tech, manufacturing stocks
Trade tensions between the US and China are likely to affect the Singapore equity market, they say WITH former United States president…
Business
Germany’s Deutsche Bank pumps 51.1 billion rupees into India operations
GERMANY-BASED Deutsche Bank said on Wednesday (Oct 6) that it had infused 51.1 billion rupees (S$807 million) into its Indian operations…