Business
The Morning After: Your Switch games will work on Nintendo’s next console
You won't have to worry about repurchasing your Nintendo favorites when the Switch’s successor finally arrives. In its earnings report,…
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Business
Business
Japan’s steelmaker JFE cuts annual profit forecast on slow local demand, slumping Asia market
JAPAN’S second-biggest steelmaker, JFE Holdings, lowered its forecast for annual net profit by 37 per cent, hit by slow demand for…
Business
Jeweller Pandora’s shares sink as warns soaring silver could dent margins
PANDORA said on Wednesday (Nov 6) that higher silver and gold prices could hit its 2026 operating profit margin target, sending the Danish…
Business
Trump Media, Tesla shares surge as former president wins second term
SHARES of Trump Media, Tesla and domestic-focused small-cap companies surged on Wednesday (Nov 6) as Donald Trump was elected US president…
Business
AbTF, CmiA support Benin’s sustainable cotton sector
A key milestone in Benin’s textile industry development is the recent construction of a textile production centre south of Cotonou where…
Business
Grocer Lulu’s US$1.72 billion Abu Dhabi IPO draws Vanguard, GIC
HYPERMARKET chain operator Lulu Retail Holdings’s US$1.72 billion Abu Dhabi initial public offering drew orders worth US$37 billion,…
Business
KKR acquires 35% of Fuji Soft after first stage of tender offer
PRIVATE equity firm KKR has acquired a 35 per cent stake in Japanese software developer Fuji Soft after the first part of its two-stage…
Business
Nigeria's army chief dies aged 56
Nigeria's army chief General Taoreed Lagbaja has died after a "period of illness" aged 56, President Bola Tinubu has announced. He died on…
Business
Obesity drugmaker Novo Nordisk posts strong profit
Danish pharmaceutical giant Novo Nordisk, maker of the blockbuster diabetes and weight-loss drugs Ozempic and Wegovy, posted on Wednesday…
Business
SIA Engineering to derive more contributions from its operating business
It is riding on robust demand for MRO services amid supply chain constraints and deferred plane deliveries AVIATION maintenance, repair…
Business
World leaders seek binding plastic pact
“We are choking on plastic,” declared UN Secretary-General António Guterres, addressing a panel of international negotiators in Cali,…
Business
Japan's Nikkei ends at 3-week high as markets await US election outcome
Japan’s Nikkei share average ended at a three-week high on Wednesday (Nov 6), led by chip and defence stocks, while market participants…
Business
BMW profit dives, misses expectations due to weak China sales, brake issues
BMW on Wednesday (Nov 6) reported a 61 per cent drop in its quarterly third-quarter profit that missed analyst expectations because of…
Business
Tech, manufacturing and China-linked stocks on the line as Asia braces for Trump 2.0
US-China trade tensions are likely to affect the Singapore equity market, say analysts, even as US markets get set to soar ASIAN and…
Business
Toyota keeps profit outlook despite weakness in Japan, China
TOYOTA Motor kept its annual profit outlook intact despite reporting quarterly results that were dragged down in Japan and China, as the…
Business
Thai inflation stays below central bank target for fifth month
THAILAND’S inflation stayed below the central bank’s target for a fifth straight month, building pressure on the monetary authority to…
Business
Germany’s Deutsche Bank pumps 51.1 billion rupees into India operations
GERMANY-BASED Deutsche Bank said on Wednesday (Oct 6) that it had infused 51.1 billion rupees (S$807 million) into its Indian operations…
Business
Honda still optimistic about sales despite weak second quarter
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares…
Business
Bank Indonesia ready to stabilise rupiah as Trump leads
BANK Indonesia (BI) said it stands ready to act to steady the rupiah from excessive volatility as Donald Trump’s early lead in the US…
Business
Brookfield in talks with banks to refinance Shanghai towers
BROOKFIELD Asset Management is in talks with banks to refinance a loan that had backed its purchase of a Shanghai-based office tower…
Business
Nintendo’s next console will play current Switch games
NINTENDO said its next console will be compatible with current Switch games, allaying fears about the company’s ability to ride on the…
Business
Gold subdued as investors await US election outcome
GOLD prices were muted on Wednesday (Oct 6), as investors held back from taking big positions until the US election’s outcome was known…
Business
Bitcoin adds to biggest gain in a week as traders watch US election
BITCOIN added to its biggest gain in a week as traders around the world watched results trickle in from a US presidential election that…
Business
Bitcoin leaps to record high as traders lean towards Trump victory
BITCOIN surged to a record high in Asian trade as investors leaned towards Donald Trump winning the US presidential election. The world’s…