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Rivian wins approval for US$6.6 billion loan for Georgia plant
RIVIAN Automotive won preliminary approval for a US$6.6 billion federal loan that will help support the construction of its delayed Georgia electric vehicle (EV) plant.The factory will produce Rivian’s...
Duo charged with false trading of EuroSports shares under Securities and Futures Act
Individuals convicted under this section of the Act face imprisonment of up to seven years, a fine not exceeding S$250,000, or both TWO individuals were charged with false trading offences...
Haidilao operator Super Hi swings back to black with US$37.7 million Q3 net profit
HAIDILAO restaurant operator Super Hi International posted a net profit of US$37.7 million for the third quarter ended Sep 30, reversing its net loss of US$1.4 million over the...
Hot stock: Yangzijiang Shipbuilding dips over 4% as volumes surge on married deals
It is the most highly-traded company in terms of volume as at Tuesday’s midday trading breakSHARES of Yangzijiang Shipbuilding fell in early trade on Tuesday (Nov 26) as the...
China’s Huawei launches ‘milestone’ smartphone with homegrown OS
CHINESE tech giant Huawei on Tuesday (Nov 26) unveiled its first smartphone equipped with a fully homegrown operating system, a key test in the firm’s fight to challenge the...
Macquarie initiates coverage on 11 S-Reits with top picks including data centre plays
MACQUARIE Research initiated coverage on 11 Singapore real estate investment trusts (S-Reits) that it prefers amid a higher-for-longer interest rate environment.It named top picks including data centre and industrial...
Australian stock exchange targets 2029 for phase two of trading software overhaul
AUSTRALIAN bourse operator ASX said on Tuesday (Nov 26) it aimed to implement the second phase of its clearing and settlement software overhaul by 2029, with projected costs ranging...
StanChart is front-runner as dollar settlement bank in India hub
STANDARD Chartered has emerged as the front-runner to become the settlement bank for real-time US dollar-denominated trades in India’s newest financial hub, according to sources familiar with the matter....
Gold falls further on stronger US dollar, easing geopolitical tensions
GOLD prices fell on Tuesday (Nov 26) to their lowest in more than a week, weighed down by a stronger US dollar and reports of a potential Israel-Hezbollah ceasefire...
Singapore stocks open lower on Tuesday; STI down 0.3%
SINGAPORE stocks started trading lower on Tuesday (Nov 26), following declines in other Asian markets after US President-elect Donald Trump said the US would impose an extra 10 per...
