Fashion
Minimum fare for Grab drivers to rise by S$0.50 to S$5.80 from Nov 24
It follows Grab’s recognition of the NTUC-affiliated National Taxi Association to represent taxi drivers on its platform[SINGAPORE] The minimum fare for Grab drivers will increase by S$0.50 for most...
Hyundai pledges record US$85.8b investment in South Korea
Hyundai called it “the company’s largest-ever domestic investment commitment”[SEOUL] South Korean auto giant Hyundai Motor Group pledged on Monday (Nov 17) an unprecedented US$85.8 billion investment in the country...
Hong Leong Finance opens new Punggol branch with dedicated SME Centre
The outlet also contains new privacy-enhanced teller booths, replacing traditional counters[SINGAPORE] Hong Leong Finance (HLF) in early November opened a new branch at Punggol Coast Mall to serve residents...
Nomura said to probe if profits inflated at India bond desk
[MUMBAI] Nomura Holdings is investigating its India fixed-income business, asking senior officials in its rates division to determine whether profits were inflated in recent years, according to sources familiar...
Samsung hikes memory chip prices by up to 60% as shortage worsens: sources
The chip crunch has been so severe that it has spurred panic buying by some customers, according to industry executives and analysts[SEOUL/SINGAPORE] Samsung Electronics this month raised prices of...
MAS imposes S$137,000 fine on Alpha Energy’s ex-managing director for insider trading
He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years[SINGAPORE] The Monetary Authority of Singapore...
EQT billionaire takes on Wall Street titans with big Asia push
The firm may not be a household name but it’s grown to become the largest non-US private equity firm in the world, with US$310 billion in assets[HONG KONG] Billionaire...
Indonesia’s instant noodle players take off as global markets expand with rise of ‘super-premium’ packs: report
Analysts are cautious on other Asian brands Nissin Foods and Uni-President China, however[SINGAPORE] Instant noodle brands from Indonesia are fierce, up-and-coming contenders within emerging markets, noted a report by...
Gold firms as investors focus on US data for more Fed cues
Traders are currently pricing in a 46% probability of a quarter-point Fed rate cut next month, down from 50% last week[BENGALURU] Gold prices inched higher on Monday (Nov 17)...
Del Monte Pacific Q2 net profit jumps seven times to US$16.8 million
[SINGAPORE] Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million from US$2.3 million in the...
