Business
Why BYD faces a raft of troubles
Since authorities earlier this year stepped up scrutiny of the bruising price war in China that helped fuel the group’s rise, its sales…
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Business
Business
Flanders Audiovisual Fund Is Small in Scale but Has Outsize Ambitions
It’s a great moment for Flemish television. Just a few months after a historic four series at Canneseries (“How to Kill Your Sister,”…
Business
Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial…
Business
Wuhan Open: Aryna Sabalenka extends tournament winning streak to 20 matches
Sabalenka, who retained her US Open title in September, controlled the match against Rybakina, sealing the first set with a hold before…
Business
Kenyan Catholic Church drops Mass wine after it becomes common in bars
The Kenyan Catholic Church has introduced a new brand of altar wine for Holy Mass after the previous one became widely available in local…
Business
ComfortDelGro’s quiet tech play and why it’s not sweating GrabCab
Grab says it won’t poach rival drivers, but its entry may intensify Singapore’s tight market Within just a decade, Grab has gone full…
Business
ComfortDelGro’s quiet tech play and why it’s not sweating GrabCab’s taxi move
Grab says it won’t poach rival drivers, but its entry may intensify Singapore’s tight market Within just a decade, Grab has gone full…
Business
‘The talent is there’: Is Singapore’s push for board diversity turning a corner?
Progress has been made, but questions remain over whether inclusion is now structural or still symbolic With women occupying barely a…
Business
AI jobs shock is coming and firms aren’t ready: Klarna CEO
The CEO sees the AI boom spelling the end to what he calls “excess profits” in both the banking and software industries From technology…
Business
GIC, Carlyle-backed chemicals firm Nouryon shelves US$5.8 billion loan amid investor unease
Moody’s cuts Nouryon’s Q4 estimates amid macro uncertainty and weak demand in construction markets Speciality chemicals producer Nouryon…
Business
Thai stock exchange mulls relaxing rules to boost market liquidity and new listings
SET expects a stronger, more stable government after elections to implement effective economic policies The Stock Exchange of Thailand…
Business
The Wayne Rooney Show: 'We tried' - Rooney defends his England team
He continued: "What you have now is players training before they go back to pre-season together - Phil Foden and Marcus Rashford for…
Business
Delta electronics shares slump in Bangkok due to exchange curbs
The stock has more than tripled in price from its April low, boosted by optimism over its role as maker of components for…
Business
Asia: Markets limp into weekend as AI bubble fears grow
While some markets have hit record highs, talk is growing that valuations among some companies may have run too high Asian equities…
Business
Thai central bank worried over disconnect as global markets soar
The disconnect between the real economy and record-high financial markets worldwide is worrying, according to the Bank of Thailand (BOT),…
Business
Vingroup seeks US$500 million private credit for EV charging ports
China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the…
Business
Top Glove shares surge 7.3% to two-month high on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency Shares of Top Glove soared on Friday…
Business
Top Glove shares end flat after 7.3% surge in intra-day trade on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency Shares of Top Glove soared on Friday…
Business
Seatrium shares plunge 7.8% after US$475 million Maersk contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as…
Business
Central banks seen holding Bitcoin, gold as key reserves by 2030, Deutsche Bank says
Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening US…
Business
Private capital roars back in Q2 with strongest returns since 2021: MSCI
Across the board, every major private asset class has recorded an improvement on its Q1 return Private markets delivered their strongest…
Business
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year Gold…
Business
Bank of Singapore’s new AI tool does in one hour what used to take 10 days
Besides being a time saver, the tool cuts down on human error from examining documents on clients’ employment, business and investment…