Business
BYD first-quarter profit soars, beating Tesla on another metric
BYD’s net income in the first quarter jumped to 9.15 billion yuan (S$1.7 billion), overtaking Tesla on another key metric and signalling a…
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Business
Business
Here’s how top chief product officers are getting AI right
The AI revolution is redefining business and tech leadership—and no one is standing more squarely on the front lines than product leaders.…
Business
Seatrium chief financial officer resigns, to be replaced by strategy EVP
Current CFO Adrian Teng is leaving to pursue personal interests, with Stephen Lu taking up the role Seatrium has appointed Stephen Lu, its…
Business
Singapore shares close lower on Friday; STI slides 0.2%
Across the broader market, gainers outnumber decliners 309 to 208, as 1.4 billion securities worth S$1.53 billion change hands Stocks on…
Business
Water bosses could now face jail for cover-ups
Law-breaking water company executives face tougher punishments, including possible prison sentences, under new powers that have come into…
Business
Whiskey Fraud Strikes Britain and Ireland
There are some 48,000 barrels of Scotch whisky quietly aging in Martin Armstrong’s warehouses in southwestern Scotland. Last year, 17 of…
Business
Samsung to invest US$117 million in southern Indian facility
South Korea’s Samsung Electronics will invest US$117.09 million in its facility in southern India, a minister said on Friday (Apr 25),…
Business
Markets Rise on Hints of Easing Trade Tensions
Markets rose on Friday, setting the stage for their fourth straight positive day, as investors continued to look for signs of easing trade…
Business
Sebastián Lelio, Lukas Dhont, Eliza Hittman, Kornél Mundruczó and Jasmila Žbanić to Pitch Projects at Cannes’ Investors Circle
10 directors from eight countries are set to pitch their latest projects in development to a select group of VIP private investors in…
Business
UK retail sales: Clothing and DIY boosted by sunny weather
Retail sales rose for the third month in a row in March as warmer weather helped boost demand for items such as clothing and DIY goods.…
Business
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800…
Business
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
Office and retail tenants are expected to hold off on their expansion plans amid uncertainty over the impact of US tariffs, said the…
Business
Seven & i’s new CEO aims aggressive investments in US stores
Seven & i Holdings’ new chief executive officer plans to boost investments in its US stores using cash from a planned listing of its…
Business
Keppel Infrastructure Trust downgraded to ‘hold’; Mapletree Logistics Trust ‘buy’ call maintained: DBS
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season – where they have kept their…
Business
DBS downgrades Keppel Infrastructure Trust to ‘hold’, keeps Mapletree Logistics Trust at ‘buy’
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season: They have kept their “buy”…
Business
Singapore Airlines, OpenAI link up to build AI solutions to raise efficiency, customer service
SIA will also beef up its operational processes by integrating OpenAI’s advanced AI models into its existing tools Singapore Airlines…
Business
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three…
Business
Citi picks Goldman Sachs’ Christopher Chan to head Asia-North and South markets solutions for financial institutions
Citi on Friday (Apr 25) announced that former Goldman Sachs banker Christopher Chan will be its new Asia-North and South head of markets…
Business
California overtakes Japan as fourth largest global economy
California's economy has overtaken that of the country of Japan, making the US state the fourth largest global economic force. Governor…
Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for…
Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, and launch share buyback programme
Asian property developer Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator…
Business
Bezos-backed Slate Auto reveals its new customizable $20,000 EV
A new auto startup is launching with a made-in-America EV that with federal tax credits will cost just $20,000. Backed by Jeff Bezos and…
Business
Southwest CEO says US airline industry is already in a recession
The Dallas-based carrier is more dependent on domestic leisure travellers for revenue than US peers with more extensive international…
Business
Gold set for third straight weekly gain; US-China trade talks in focus
Gold prices rose on Friday (Apr 25) and were headed for a third consecutive week of gains, while investors closely monitored further…