Business
Alibaba’s main AI app debuts strongly in effort to rival ChatGPT
The Chinese e-commerce leader’s Qwen is among the faster risers, particularly in China Alibaba Group Holding’s Qwen app drew more than 10…
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Business
Business
Fossil CEO Franco Fogliato Hits the Next Stage of the Watchmaker’s Turnaround
Franco Fogliato is finally ready to have some fun at Fossil Inc. The chief executive officer — who joined the watchmaker from sports…
Business
Consistency, Authenticity Key to Execution According to Giacomo Milano and Canali
Landmark institutions and storied family brands can evolve and branch out successfully as long as they stay true to their founding values.…
Business
Singapore court clears way for US$2.7 billion suit against Stanchart in 1MDB scandal-linked claim
Claims involve alleged US$150 million deposit to Najib Razak and US$77 million for Rosmah’s bags and jewellery The Singapore High Court…
Business
Indian central bank likely intervenes to prop up rupee before local market open, traders say
The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told…
Business
Asia: Stocks rise as US rate hopes soothe nerves after torrid week
ASIAN markets mostly rose on Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride…
Business
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes China is importing…
Business
Owning luxury hotels is tough; long term rewards await patient capital
Jardine Matheson and Frasers Property could gain from hotel ownership over the long term The prestige associated with owning luxury hotels…
Business
Lenovo stockpiling PC memory due to ‘unprecedented’ AI squeeze
The company will aim to avoid passing on rising costs to its customers in the current quarter, as it wants to sustain this year’s strong…
Business
Fighting scams: OCBC rolls out free in-app calls for all customers
Bank says business and retail customers currently make over 8,000 calls to the bank each month while overseas OCBC said on Monday (Nov 24)…
Business
Three companies picked to supply methanol at Singapore port in drive to be sustainable bunkering hub
Global Energy Trading, Golden Island and PetroChina issued licences to supply methanol as marine fuel The Maritime and Port Authority of…
Business
Gold dips as US dollar firms on reduced rate-cut prospects
The precious metal, a non-yielding asset, tends to do well in low-interest-rate environments Gold prices dipped on Monday (Nov 24),…
Business
Princess of Wales calls for end to 'stigma' around addiction
Noor NanjiCulture reporter The Princess of Wales has called for an end to the "stigma" surrounding addiction, and urged people to offer…
Business
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore Marine logistics…
Business
Macquarie Asset Management offers US$7.5 billion for logistics firm Qube
The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail…
Business
Lum Chang Creations subsidiary secures 2 contracts worth S$63.4 million
Urban revitalisation specialist Lum Chang Creations on Monday (Nov 24) said its wholly owned subsidiary, Lum Chang Interior, clinched two…
Business
Stocks to watch: Jardine Matheson, Mandarin Oriental, BRC Asia, Lum Chang Creations
The following companies saw new developments that may affect trading of their securities on Monday (Nov 24): Jardine Matheson: The Hong…
Business
Snap starts checking users ages before Australian under-16 ban
SNAP will start checking many users’ ages in Australia as it prepares for a world-first social media ban for under-16s next month.…
Business
Nasdaq 100 rally shows signs of stalling
SINCE early November, the Nasdaq 100 index has seen a notable pullback of around 6 per cent as at the time of writing last week, driven…
Business
SGX-Nasdaq dual-listing bridge may afford GIC, Temasek bigger role in revitalising local market
MAS says EQDP and the Anchor Fund @ 65 will support fundraising activity and trading liquidity on the new Global Listing Board As one…
Business
Nvidia didn’t save the market. What’s next for the AI trade?
An index of chip-related stocks is down 11% in November and on pace for its worst month since 2022 Wall Street thought blowout earnings…
Business
Arsenal 4-1 Tottenham: Eberechi Eze's 'special day' - but can anyone challenge Gunners for title?
What a day it turned out to be for boyhood Arsenal fan Eze. Before the match Tottenham manager Thomas Frank joked "who?" when questioned…
Business
China Insight: Hitting 100 Million RMB in One Night — What Chicjoc Got Right
China’s Double 11 shopping period this year once again proved the scale of the country’s consumer market: online retail sales reached…
Business
Lava spews out from Hawaii's Kilauea as volcano erupts again
One of the world's most active volcanoes has erupted again in Hawaii. Timelapse footage from Mount Kilauea shows lava flowing down the…