Fashion
India freezes over 75 billion rupees in assets tied to Anil Ambani in bank fraud probe
[MUMBAI] India’s top financial crimes agency said it had seized properties worth over US$846 million from firms linked to beleaguered tycoon Anil Ambani as part of a bank fraud...
Global financiers warn on US insurance risks, Trump immigration crackdown
[HONG KONG] The world’s top bankers and investors warned of headwinds ranging from systemic risks in the US insurance sector to President Donald Trump’s immigration crackdown, underscoring an array...
Norway wealth fund to vote against Musk US$1 trillion Tesla pay package
Investors in the electric-vehicle maker will decide on Nov 6 whether to approve the package[OSLO] Norway’s sovereign wealth fund, the world’s largest, said on Tuesday (Nov 4) it would...
Aramco profit beats estimates in first sign of easing pressure
Net income adjusted for one-time items rose 0.8% to US$28 billion in the third quarter from a year earlier[RIYADH] Saudi Aramco reported profit that beat analysts’ estimates as a...
‘Punching above their weight’: the most traded small and mid-caps on SGX this year
22 non-big-cap stocks rank among 100 most traded, driven by industrials, technology and energy sectors[SINGAPORE] While large-cap stocks typically dominate liquidity rankings, small and mid-cap (SMID) companies are breaking...
SK Hynix’s 240% rally prompts Korea Exchange to warn investors
The exchange caution is a pre-warning before a higher-level alert is triggered, which would limit margin trading[SEOUL] A 240 per cent rally in SK Hynix’s shares this year has...
Asia: Markets swing as trades eye tech rally, US rate outlook
ASIAN markets fluctuated on Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the sector, while mixed signals from Federal...
Samsung SDI in talks with Tesla to supply energy storage batteries in deal worth over 3 trillion won
[SEOUL] South Korea’s Samsung SDI said on Tuesday it is in talks to supply energy storage batteries to Tesla, in an order that Korean media said could be worth...
China aims to revive steelmaking without ordering cuts to supply
Beijing seems to have committed to a more gradual tightening of the screws on steelmakers that would play out over years rather than months[LONDON] China is taking a measured...
Gold holds under US$4,000 on dollar resilience, Fed rate-cut outlook
Bullion hit a record high of US$4,381.21 on Oct 20, but have fallen close to 10% since [BENGALURU] Gold traded below the US$4,000 per ounce mark again on Tuesday...
