Business
Temu-owner PDD Holdings beats profit expectations, outlook uncertain
Adjusted earnings per share of 21.08 yuan (S$3.86) beat analysts’ average forecast of 16.84 yuan China’s PDD Holdings beat forecasts on…
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Business
Business
UK net migration 20% lower in 2024 than first thought, ONS says
Robert Cuffe & Matt MurphyBBC Verify Net migration to the UK last year was 20% lower than previously thought, according to revised figures…
Business
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative Toyota Motor…
Business
Amazon's Zoox offers free robotaxi rides in San Francisco
Amazon-owned Zoox is offering free rides on its San Francisco fleet of boxy, driverless taxis. The company said Tuesday it is providing…
Business
Oddity Tech Launches Methodiq, a Telehealth Platform
Oddity Tech is ready to unveil its third brand. The parent company of Il Makiage and SpoiledChild is debuting Methodiq, a telehealth…
Business
Arc’teryx, Salomon Parent Sees Q3 Income Spike — and Investors Like What They See
Amer Sports Inc. is showing no signs of slowing down. The parent of Salomon and Arc’teryx posted third quarter earnings results on…
Business
ChatGPT, X among sites blocked in widespread Cloudflare outage
ChatGPT and the social-media platform X were among the websites blocking some users’ access on Tuesday (Nov 18) as the web security firm…
Business
Cloudflare down: X and more apps hit by internet outage
A number of websites, including social media platform X, appear to have been hit by problems affecting internet infrastructure firm,…
Business
Rings That Actually Fit? Chouette Designs Is Changing the Game
Fine jewelry that actually fits? Revolutionary. Chouette Designs is back to prove that luxury doesn’t stop at size 7. The brand’s latest…
Business
Xiaomi reports 81% jump in third-quarter profit on strong EV sales
Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan China’s Xiaomi reported…
Business
Xiaomi’s EV arm makes a profit for the first time
The division, which sold its first car last year, posts a profit of 700 million yuan in the September quarter Xiaomi reported quarterly…
Business
Even (especially) in the age of AI, here’s why I hire for character over skill
Imagine you’re watching a basketball game. You’re not focused on the stat sheet—you’re watching how the players read the court, pivot when…
Business
Temasek-backed Manner Coffee seeks Hong Kong IPO, 10 years after starting as tiny stall: sources
China’s Manner Coffee is considering an initial public offering in Hong Kong as soon as next year, according to people with knowledge of…
Business
Coliwoo expects stronger core profit despite lower net profit before tax for FY2025
Better profit is attributed to absence of net fair value gain on investment properties in the financial year ended Sep 30 Co-living…
Business
AkzoNobel, Axalta to merge creating US$25 billion paint giant
Under the merger, AkzoNobel shareholders will receive a US$2.5 billion dividend payout Dulux paint maker AkzoNobel said on Tuesday (Nov…
Business
AkzoNobel and Axalta to merge, creating US$25 billion paint giant
Under the merger, AkzoNobel shareholders will receive a US$2.5 billion dividend payout Dulux paintmaker AkzoNobel said on Tuesday (Nov 18)…
Business
IOI Properties eyeing Reit listings in Malaysia and Singapore: sources
Malaysia’s IOI Properties Group is exploring two real estate investment trust (Reit) listings in Malaysia and Singapore, with a combined…
Business
Annual energy bills predicted to fall by £22 in January
Archie MitchellBusiness reporter Household energy bills are expected to fall slightly in the new year before rising again in April,…
Business
USPS is raising prices: What to know about package shipping, stamps, and other post office services in 2026
If it seems like everything is getting more expensive, you’re right. Thanks to inflation (up 3%), which has affected goods from food to…
Business
Ueda signals BOJ remains on rate hike path after PM meet
Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the Bank of Japan is in the process of slowly dialling back its easing support…
Business
STI falls 0.9%, tracking regional peers
Singapore stocks ended lower on Tuesday (Nov 18), tracking regional losses. The benchmark Straits Times Index (STI) lost 0.9 per cent or…
Business
Baidu posts worst sales fall on record despite major AI spending
The results underscore the Internet search leader is losing ad business to rivals while struggling to compete in a crowded AI field Baidu…
Business
Europe's banks face 'unprecedentedly high' risk of shocks, ECB warns
Eurozone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the…
Business
No firm is immune if AI bubble bursts, Google CEO Pichai tells BBC
Pichai calls the AI boom an ‘extraordinary moment’ but warns of market irrationality Alphabet chief executive Sundar Pichai said no…