Business
China suspends popular trading platform Hithink RoyalFlush from adding new clients
CHINA’S market watchdog ordered Hithink RoyalFlush Information Network to suspend its investment advisory service unit from adding new…
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Business
Business
Musk’s SpaceX preparing to launch tender offer in Dec at US$135/share: sources
Elon Musk’s SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of US$135 per share, two sources…
Business
Mexico has room to boost tax revenues without fiscal overhaul, president says
MEXICO CITY (Reuters) - Mexico has room to boost tax revenues next year without turning to a deep fiscal reform, President Claudia…
Business
US: Wall Street drops at the open after Powell dents rate-cut hopes
WALL Street’s main indexes opened lower on Friday (Nov 15), after Federal Reserve chair Jerome Powell said there was no need to rush…
Business
Hanwha’s voluntary conditional cash offer for Dyna-Mac turns unconditional in all respects
This comes after the Competition and Consumer Commission of Singapore gives go ahead THE voluntary conditional cash offer made by Hanwha…
Business
Unilever nearly halves expected European job cuts
This is done through savings projects from 2022 to 2024 and not hiring externally Unilever is cutting about 1,500 fewer jobs in Europe…
Business
Jack Ma-backed Ant Group’s profit up 193% in post-crackdown recovery
ANT Group’s profit nearly grew 193 per cent in the June quarter, reversing a year-long decline as the fintech company regained its footing…
Business
South Korea's Upbit Faces Investigation Over KYC Violations
South Korea's Upbit Faces Investigation Over KYC Violations Upbit, South Korea's largest crypto exchange, is under scrutiny for allegedly…
Business
Workers at Canada's national postal service go on strike Friday, disrupting deliveries
TORONTO (AP) — Workers at Canada's national postal service are on strike after failing to reach a negotiated agreement with Canada Post.…
Business
KKR raises offer for Fuji Soft to 1 yen above Bain’s rival bid
KKR & Co raised its offer price for Fuji Soft above a rival bid by Bain Capital, winning the backing of the Japanese software developer’s…
Business
China’s Alibaba misses quarterly revenue estimates
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer…
Business
China’s Alibaba misses quarterly revenue estimates, beats on profit
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer…
Business
CSE Global reports higher revenue for Q3 2024, but order intake falls
The electrification segment has fallen the most, due to the absence of several major projects secured CSE Global reported a 15.4 per cent…
Business
Kia signs PBV deal with DHL Korea
South Korean automaker Kia Corporation, part of Hyundai Motor Group, has announced it has signed an agreement to supply battery-powered…
Business
Alibaba is said to consider offering US$5 billion of bonds
CHINESE tech conglomerate Alibaba Group Holding is considering an offering of bonds totalling the equivalent of about US$5 billion as soon…
Business
Indonesia intervenes as rupiah nears 16,000 per dollar level
INDONESIA’S central bank intervened in currency markets to support the rupiah after it weakened towards the psychological level of 16,000…
Business
A 150-million-year journey from the Jurassic to Exposition Park
150 million years ago, Laurasia The massive neck dips, casting a curving shadow on the mossy ground. The dinosaur’s jaws close around its…
Business
SIA Group passenger traffic rises 7.4% in October
Cargo loads are up by 20.2 per cent, while cargo capacity expanded by 14.3 per cent SINGAPORE Airlines (SIA) Group reported a 7.4 per cent…
Business
Better Cotton roadmap to drive Uzbekistan cotton production
The roadmap is intended to boost the production of sustainable cotton in the Uzbekistan, which is one of the world’s largest cotton…
Business
Singapore stocks extend gains on Friday; STI up 0.2%
Across the broader market, 319 losers beat 254 gainers, with 1.2 billion securities worth S$1.3 billion changing hands SINGAPORE equities…
Business
State carrier Garuda Indonesia appoints new CEO
STATE-run Garuda Indonesia said on Friday (Nov 15) it had appointed Wamildan Tsani Panjaitan, a former acting head of budget Lion Air who…
Business
Samsung unveils surprise US$7 billion buyback over coming year
Samsung Electronics plans to buy back about US$7.2 billion of its own stock over the next year, putting in motion one of the larger…
Business
CCCS okays Hanwha’s proposed acquisition of Dyna-Mac
Regulator says transaction will not substantially lessen competition within Singapore THE Competition and Consumer Commission of Singapore…
Business
Neoen secures 164MWp solar and agrisolar projects in France
French renewable energy developer Neoen has secured seven solar and 'agrisolar' projects totalling 164MWp in the latest round of tenders…