Business
Indonesia’s biggest taxi firm bets BYD plant to cut EV prices
Blue Bird aims for electric vehicles to account for 3% of its fleet by next year and to gradually increase the number to 20% by 2030…
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Business
Business
Most Singapore companies able to service debt despite higher interest expense: MAS
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a…
Business
Euro’s bruising leaves global investors on edge
AS THE euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could be the next source of global…
Business
Apple misses out on big 2024 smartphone market rebound: study
GLOBAL smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple barely managed growth, an independent…
Business
Study shows electric and petrol car prices narrowing in Germany
A man plugs an ID.5 GTX into the charging station. The price gap between electric cars and comparable combustion engine models in Germany…
Business
Hot stock: SingPost climbs 4.5% after talks of potential divestment of Australian business
Its Australia segment includes fourth-party logistics services, third-party logistics solutions and last-mile courier delivery Shares of…
Business
Thai Airways plans 44 billion baht share sales to exit debt plan
THAI Airways International expects to raise as much as 44 billion baht (S$1.7 billion) from a share rights offering, the carrier’s final…
Business
Financial institutions, companies in Singapore have enough buffer to weather shocks: MAS
COMPANIES and financial institutions in Singapore have enough buffers to manage shocks to their incomes and financing costs as their…
Business
Vitasoy ‘open to collaboration’ as takeover speculation mounts
VITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive officer Roberto Guidetti said,…
Business
Philip Ng raises stake in Vitasoy, prompting speculation of takeover
CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on record VITASOY…
Business
RBNZ flags another big cut after second half-point move
NEW Zealand’s central bank chief suggested a further large cut in interest rates would be delivered early next year if the economy evolves…
Business
CrowdStrike raises annual forecast on steady cybersecurity demand
CYBERSECURITY firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday (Nov 26), betting…
Business
Hello Kitty stock sinks most since 2014 on share sale plan
SANRIO shares tumbled the most since May 2014 after the brand owner of Hello Kitty said holders including its president will sell shares…
Business
Gold prices barely move ahead of US inflation data
GOLD was little changed on Wednesday (Nov 27), as investors awaited US inflation data for clues on the scale of a possible Federal Reserve…
Business
China Oct industrial profits narrow decline but demand remains weak
By Qiaoyi Li, Joe Cash and Liangping Gao BEIJING (Reuters) -China's October industrial profits narrowed their earlier declines, helped by…
Business
Crypto exchange Kraken shuts down NFT marketplace
THE crypto exchange Kraken is shutting down its non-fungible token (NFT) marketplace almost two years after the platform was launched,…
Business
Singapore shares rise at Wednesday’s open; STI up 0.3%
SINGAPORE stocks began trading higher on Wednesday (Nov 27), despite US president-elect Donald Trump’s tariff threat on major trading…
Business
Singapore stocks edge lower as tariff concerns weigh on investor sentiment; STI down 0.1%
SINGAPORE stocks closed slightly lower on Wednesday (Nov 27), mirroring a mixed performance across other Asian markets as investors…
Business
Blockbuster Red Sox-White Sox Trade Proposal Sends Ace To Boston For Haul
The Boston Red Sox are rumored to be one of the most aggressive teams in the league this winter in terms of pursuing talent. The team is…
Business
Elite UK Reit to divest office building Hilden House for £3.3 million
ELITE UK Real Estate Investment Trust (Reit) has entered a contract to divest Hilden House, an office building in Warrington, England, for…
Business
Stocks to watch: SingPost, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 27): Singapore Post (SingPost):…
Business
Bolivia announces $1 bn deal with China to build lithium plants
The plants are to be situated in Bolivia's vast Uyuni salt flats (Aizar RALDES) Bolivia said Tuesday it had signed a $1 billion deal with…
Business
Couche-Tard not giving up on bid to acquire 7-Eleven’s owner
CANADIAN convenience store and fuel retailer Alimentation Couche-Tard remains committed to snapping up its Japanese rival Seven & i…
Business
Japan’s top chip distributor eyes acquisitions in China, India
JAPANESE chip distributor Macnica Holdings is seeking possible acquisition targets in other parts of Asia, a sign of industry pressures to…