Business
Nissan cuts 9,000 Jobs amid declining sales and rising costs
Nissan, the Japanese automaker, announced it will cut 9,000 jobs— six percent of its 133,000 global workforce— after experiencing a…
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Sats Q2 profit trebles to S$69.7 million, declares S$0.015 dividend per share
The group also reports a half-year profit of S$134.7 million, reversing from the red IN-FLIGHT caterer Sats on Thursday (Nov 7) announced…
Business
Mysterious black debris in Sydney was not tar balls but 'much more disgusting' waste
Weeks after sticky black balls washed up on the famed beaches of Sydney, Australia, scientists say they have partly solved the mystery…
News
Cinnamon recall update as new product branded "unsafe"
Another product has been added to a nationwide recall of ground cinnamon over concerns that the popular kitchen spice may contain lead,…
News
South Africa closes its border again with Mozambique, where post-election violence worsens
JOHANNESBURG (AP) — South Africa closed its border with Mozambique shortly after opening it on Thursday as post-election violence in the…
Business
Attika Group’s Catalist IPO fully snapped up, shares to begin trading on Nov 8
Group has raised around S$4.6 million from the initial public offering of 21 million placement shares, with each share priced at S$0.22…
News
Trump win casts fresh doubts over Wall Street’s China strategy
MORE US financial firms may pull back from China, hive off local units to minimise risks or pause expansion plans on concerns about…
Business
Yangzijiang Shipbuilding bags US$11.6 billion worth of order wins in year to date
MARITIME vessel maker Yangzijiang Shipbuilding said that it has secured US$11.6 billion of order wins in the year to date. This exceeds…
Business
Far East Orchard 9M profit more than doubles to S$16.9 million on strong H1 performance
PROPERTY investment company Far East Orchard on Thursday (Nov 7) reported a net profit of S$16.9 million for the nine months ended Sep 30,…
Business
SMIC reports profit jump, revenue growth as chip sector recovers
CHINA’S largest chipmaker Semiconductor Manufacturing International Corp (SMIC) reported on Thursday (Nov 7) a 58.3 per cent jump in third…
News
Chart shows election night news networks by ratings
The 2024 election results were watched by more than 42 million people on cable news alone across the United States, according to figures…
Fashion
Watch industry failing to make models women want: survey
THE watch industry is not producing and marketing enough models that women want to wear, a survey has found. Women are increasingly…
News
Uproar in Ghana after president unveils his own statue
Ghana's outgoing President Nana Akufo-Addo is facing a backlash on social media after he unveiled a statue of himself during a tour of the…
Business
Going above and beyond: Marina Bay Sands on billion-dollar push to court high-value tourists
FROM Dubai to Macau and across many parts of Asia and Europe, there have been significant investments worth billions of dollars in the…
News
US farmers back Trump but face pain from China tariff threats
US FARMERS want something from President-elect Donald Trump that his trade policies mean he is unlikely to deliver: increased access to…
Business
Paragon Reit Q3 revenue up 3% at S$223 million
PARAGON real estate investment trust (Reit) grew its revenue 3 per cent year on year (yoy) to S$223 million in the third quarter ended Sep…
Business
Audi plans thousands of job cuts outside production
GERMAN automaker Audi is looking to shrink its workforce in the medium term by cutting jobs outside of production, with thousands of…
Business
Social platforms, crypto exchanges can help fight money laundering and fraud, say Fintech Festival panellists
They add that the transboundary nature of financial crimes make data sharing between jurisdictions tricky A CALL went out on Thursday (Nov…
News
Trump's win may extend conservative control of the Supreme Court for decades
WASHINGTON — President-elect Donald Trump’s election victory, combined with the Republican takeover of the Senate, may extend conservative…
News
Reading “King Lear” During Hurricane Season
As Hurricane Milton barrelled toward Florida last month, I taught a three-hour Zoom class and tried not to refresh my phone for updates. I…
Business
China expands its EV charging network as sales surge
China had a total of 11.43 million electric vehicle (EV) charging points installed across the country as of the end of September 2024,…
Business
Indonesian court affirms 1.7 trillion rupiah civil claim against Keppel unit is inadmissible
The DKI Jakarta Province High Court has also ordered the claimant to pay court costs AN INDONESIAN High Court has affirmed an earlier…
News
S-Reits tumble on Trump’s election triumph
Concerns over rising US government debt and inflation have driven up Treasury yields SINGAPORE-LISTED real estate investment trusts or…
News
Policy swings a key risk for Asian businesses under a Trump administration: DBS’ Tan Su Shan
But with this also comes opportunities related to intra-regional trade, the ‘China+1’ strategy, she adds ASIAN corporates will have to…