Culture
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 slumping China sales and brake problems, but...
Puma reports Q3 sales increase on rising running and soccer shoes demand
GERMAN sportswear maker Puma on Wednesday (Nov 6) reported a 5 per cent rise in currency-adjusted sales for the third quarter as it sold more running and soccer shoes.
Quarterly...
With Trump leading in polls, analysts warn of hit to tech, manufacturing stocks
Trade tensions between the US and China are likely to affect the Singapore equity market, they sayWITH former United States president Donald Trump taking the early lead in the...
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 to fund growth plans.These funds, along with retained...
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 presidential race spurs US dollar...
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 complex five years ago, according to sources...
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 ageing machine’s past success.Backwards compatibility in the...
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 pits digital-asset supporter Donald Trump...
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 biggest cryptocurrency rose 7 per cent to US$75,060,...
Singapore shares open higher on Wednesday; STI up 0.5%
SINGAPORE shares began Wednesday (Nov 6) trading in positive territory, mirroring overnight gains in markets abroad. As at 9.01 am, the Straits Times Index (STI) was up 0.5 per cent...
