Fashion
Bukit Sembawang Estates H1 earnings dip 25% after completion of two condo developments
[SINGAPORE] Bukit Sembawang Estates’ net profit for the half-year ended September fell 25 per cent year on year to S$47.2 million, primarily due to a plunge of 61 per...
Singapore shares slide amid tech bubble jitters; STI down 0.1%
Singtel is the index’s biggest gainer, while Yangzijiang Shipbuilding drops the most[SINGAPORE] Local shares ended Wednesday (Nov 5) lower, on the back of a sharp sell-off overnight of tech...
China bans foreign AI chips from state-funded data centres: sources
[BEIJING] The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources familiar with...
Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion
The company’s managing director says there is a gap in Malaysia for integrated wellness solutions for seniors[KUALA LUMPUR] Sunway Healthcare Group is expanding its senior-living offerings, ramping up its...
Volkswagen to develop chip for China smart cars with Horizon Robotics
The move would deepen the carmaker’s research and development capability ‘in China, for China’[SHANGHAI] Volkswagen said on Wednesday (Nov 5) that CARIZON, its joint venture with China’s Horizon Robotics,...
BMW boosts profit margin for cars in third quarter
BMW reported an operating margin of 5.2% for its automotive unit in the July-to-September period[BERLIN] German carmaker BMW posted a higher-than-forecast profit margin in its core car business in...
Hong Kong exchange profit jumps 56% on trading, IPO boom
The benchmark index has surged 29% driving stock and derivatives trading to records[HONG KONG] Hong Kong’s stock exchange reported another record quarter as trading and initial public offerings (IPOs)...
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su[SINGAPORE] The US dollar has lost significant value in 2025 amid tariff uncertainty, rising...
Asia: Stocks tumble as stretched valuation fears grip markets
[SINGAPORE] Asian stocks dived on Wednesday (Nov 5) and market volatility surged to levels not seen since April after an overnight tech-led sell-off on Wall Street put the spotlight...
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon[BEIJING] Some 20 kilometres out from the port of Tianjin, in...
