Business
Apple readies more conversational Siri in bid to catch up in AI
APPLE is racing to develop a more conversational version of its Siri digital assistant, aiming to catch up with OpenAI’s ChatGPT and other…
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Business
Business
SMIC’s Nvidia-beating 120% stock rally faces chip war threats
SEMICONDUCTOR Manufacturing International Corporation’s (SMIC) stock has more than doubled over the past two months on an expected boost…
Business
Goldman, Morgan Stanley, Bank of America ask buyers of bank risk to disclose leverage
US BANKS including Goldman Sachs, Morgan Stanley and Bank of America (BOA) are asking investors to disclose whether they plan to use…
Business
Vancouver airport works to move damaged Amazon Air cargo jet
Amazon has dozens of Boeing 767 freighters (pictured) in its private airline that are operated by third-party carriers. One of them…
Business
Gap raises annual sales target betting on steady holiday demand
GAP raised its annual sales forecast on Thursday (Nov 21) and said the holiday season was off to a “strong start”, sending its shares up…
Business
Japan finds massive rare metals deposit worth $26,290,800,000
[Source] A survey by the University of Tokyo and The Nippon Foundation from April 24 to June 9 has uncovered a vast deposit of rare earth…
Business
Chinese women sport Lululemons, carry Stanley cups to create 'white woman aesthetic'
Reactions: While the trend has gone viral, some netizens are not too keen about it. One Xiaohongshu user stressed that some Chinese people…
Business
80-year-old grandma sends engagement card, not realizing what it says
A woman spotted something altogether unexpected on the front of the card her 80-year-old grandmother got her to celebrate her recent…
Business
UK and France open bribery and corruption probe into French defense firm Thales
LONDON (AP) — British and French authorities have opened a probe into France-based defense group Thales for suspected bribery and…
Business
German auto supplier Bosch to reduce hours for 450 employees due to tough economy
GERMAN auto parts supplier Robert Bosch will reduce the hours, and consequently the pay, of 450 employees in Germany from next spring,…
Business
Sinochem may retain three bankrupt refineries in China due to low auction interest
Sinochem Group is considering retaining three bankrupt oil refineries in eastern China after auctions to sell them attracted little…
Business
US: Wall St opens higher after jobless claims data, Nvidia results
Wall Street’s main stock indexes opened higher on Thursday (Nov 21) after data reflected a robust labour market, and AI-heavyweight Nvidia…
Business
Ford to cut 4,000 European jobs amid economic and EV challenges
Ford Motor Co. will reduce its European workforce by 4,000 employees by the end of 2027, citing economic pressures, weaker-than-expected…
Business
BRC Asia H2 profit rises 11% to S$55 million on sale of associate
STEEL solutions provider BRC Asia posted an 11 per cent rise in net profit to S$55 million for its second half ended Sep 30, 2024, from…
Business
ThaiBev’s FY2024 net profit dips 1% to 27.2 billion baht
THAI Beverage (ThaiBev) posted a net profit of 27.2 billion baht (S$1.1 billion) for its full year ended Sep 30, a marginal 1 per cent…
Business
China’s Trustar raises US$1 billion for vehicle that holds McDonald’s China stake: sources
TRUSTAR Capital has raised US$1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in…
Business
Lum Chang proposes listing interior fit-out business on Singapore Catalist
CONSTRUCTION company Lum Chang is mulling over plans to spin off its interior fit-out business in a listing on the Singapore Exchange’s…
Business
Temu-owner PDD reports 44% rise in Q3 revenue; misses market estimates
CHINA’S PDD Holdings reported a 44 per cent rise in third-quarter revenue on Thursday (Nov 21), but still fell short of market estimates.…
Business
Temu owner PDD misses revenue and profit estimates as consumers struggle
DISCOUNT e-commerce player PDD Holdings fell short of market estimates for third-quarter revenue and profit on Thursday (Nov 21), as its…
Business
TSH Resources Q3 profit rises 12% to RM33.1 million
PLANTATION company TSH Resources reported on Thursday (Nov 21) a 12 per cent increase in net profit for the third quarter, despite a rise…
Business
Alibaba integrates e-commerce platforms into a single business unit
ALIBABA Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business…
Business
Alibaba combines e-commerce arms to tackle growing competition
Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for…
Business
Nissan says about 1,000 US staff accept early retirement
ABOUT 6 per cent of Nissan Motor staff in the US have accepted early retirement packages, a company spokesperson said on Thursday (Nov…
Business
Singapore stocks fall amid regional sea of red; STI down 0.1%
SINGAPORE shares closed slightly lower on Thursday (Nov 21) as regional indices ended in the red, with the imminent threat of US trade…