Business
Billions wiped off Nio’s market value as shares plunge 9.5% on news of GIC lawsuit
The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue Shares of Nio…
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Business
TSMC Q3 profit blows past market forecast to a record on AI spending boom
TSMC, the world’s main producer of advanced artificial intelligence (AI) chips, posted a 39.1 per cent jump in third-quarter profit to…
Business
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
When completed, the local facility will expand ESA’s portfolio in the Republic to 13 properties with more than 1.5 million sq ft of gross…
News
Karen Chen quits SGX-listed 17Live’s board after US sanction for alleged ties to Cambodian scam empire
An independent director of Singapore-listed 17Live Group has resigned after she was added to a US sanctions list for her alleged links…
Business
Thai banks face lending income hit as weak economy persists
Margins will be pinched as interest-income gains are further limited, compounded by weak lending and bad debt Four of Thailand’s largest…
Lifestyle
EXCLUSIVE: Interiors Platform Havenly Brands Trained Its Own AI Design Assistant
MILAN — The race for a powerful AI tool for interior design — one that goes beyond merely creating an image of a room — is heating up. On…
Business
Malaysia central bank says it will transition to transaction-based benchmark market rates
Malaysia’s central bank said on Thursday that it will transition from the Kuala Lumpur Interbank Offered Rate (KLIBOR) to the Malaysia…
Business
TSMC ADR premium tops two-decade high as global buyers pile in
Global investors are ramping up bets on Taiwan Semiconductor Manufacturing Company (TSMC) ahead of its earnings, confident that the…
Business
Banks and private credit clash after Dimon’s cockroach barb
The bickering underscores what’s at stake as a tidal wave of change sweeps across the financing landscape On Wall Street, everyone’s a…
Fashion
Singapore's Nets join five other Asean networks for a common payment grid
The participating networks are Singapore’s Nets, Malaysia’s PayNet, Vietnam’s Napas, Philippines’ BancNet, Indonesia’s Artajasa and Rintis…
Celebrity
Spanx Keeps an Eye on Innovation in Competitive Fields
Innovation was a key reason why Spanx not only became part of the common vernacular but also was sold to Blackstone for $1.2 billion in…
Business
Meet Notewrks, Snif’s New Subbrand
Snif is taking aim at a new demographic and olfactive territory with the launch of its latest subbrand. Called Notewrks, the launch…
Business
Auditor for Dasmond Koh’s NoonTalk Media flags going concern doubts amid net losses
The group incurred a net loss of nearly S$1.8 million and has net liabilities of S$396,000 The independent auditor for Catalist-listed…
Business
Auditor for Dasmond Koh’s NoonTalk Media flags firm’s ability to continue as a going concern amid losses
The group incurs a net loss of nearly S$1.8 million and has net liabilities of S$396,000 The independent auditor for Catalist-listed…
Business
Asia: Stocks rise as traders weigh China-US row, rate cut hopes
ASIAN equities edged up on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal…
Business
Indonesia sovereign wealth fund INA to trim exposure to infrastructure
Indonesia Investment Authority, one of the country’s two sovereign wealth funds, is looking to reduce its heavy reliance on infrastructure…
Fashion
US weighs ban on Hong Kong tycoon Richard Li’s phone firm PCCW as China tensions rise
The move shows the US is widening its national security focus to include Hong Kong firms once seen as neutral The US took steps to block…
Culture
Mercury Prize 2025: Pulp and CMAT are favourites to win
Mark SavageMusic correspondent Pulp and CMAT are the favourites to win this year's Mercury Prize for album of the year, which will be…
Business
Industrial property developer Soon Hock Enterprise closes 0.9% below IPO price in mainboard debut
Industrial property developer Soon Hock Enterprise debuted on the mainboard of the Singapore Exchange (SGX) on Thursday (Oct 16), and…
Business
Hyundai pivots to hybrids as it unveils US$5 billion India plan
The move comes as the automotive industry has moved away from ambitious targets for EV sales outside of China, following a hybrid-oriented…
Business
Gold hits record high as investors turn to safe haven
Investors anticipate a near-certain 25-basis-point rate cut at this month’s US Federal Reserve meeting, followed by another in December…
News
Democratic hopeful for California governor open to transgender athletes in Olympics
Betty Yee, a Democratic candidate in the primary race for California governor, didn't say "no" when asked whether biological males who…
Culture
US blasts China’s rare earths curbs, urges Beijing not to implement them
The two sides have maintained low tariffs, China’s rare earth flows under a delicate, repeatedly extended truce Top US officials on…
News
Trump says Modi has assured him India will not buy Russian oil
US President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, and Trump…