Fashion
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
[SINGAPORE] Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to a fire risk...
Nikkei falls from record as tech shares retreat; Topix rises
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday (Jan 15), as the yen’s rebound weighed on exporters and a red-hot rally in technology shares...
Australian shares end at two-month high as miners ride metals rally
[SYDNEY] Australian shares closed at an over two-month high on Thursday (Jan 15), driven by broad-based gains, with miners at the helm as investors pivoted to the heavyweight sector...
Oil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month[HONG KONG] The shipping market is being shaken up by Washington’s intervention in Venezuela, as...
Lucid set to start manufacturing cars in Saudi Arabia in 2026
The company has also struggled more broadly with profitability and production challenges[RIYADH] Lucid Group is on track with plans to start producing cars in Saudi Arabia as it looks...
RHB initiates ‘buy’ on Coliwoo amid rising expat, foreign student demand
The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday[SINGAPORE] RHB has initiated coverage on co-living operator Coliwoo...
HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab
The fintech has over 70 million individual users and more than 700 enterprise customers [HONG KONG] Hong Kong-based fintech firm WeLab has secured US$220 million from investors including HSBC...
Trump backs Venezuela staying in Opec
[WASHINGTON] President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Countries, or Opec, but added he...
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part of CEO Charlie Scharf’s effort to streamline...
Iran temporarily closes airspace to most flights, forcing airlines to reroute
[WASHINGTON] Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid concerns about possible military action between the...
