Business
Singtel’s Optus prices S$200 million notes due 2035 at 2.48%
A unit of Singtel’s wholly owned subsidiary Optus has priced S$200 million in 10-year fixed-rate notes due in 2035 at 2.48 per cent. The…
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Business
Business
EV maker Nio posts 3.5 billion yuan net loss for Q3 2025
Chinese electric vehicle (EV) maker Nio recorded a net loss of 3.5 billion yuan (S$638 million) for its third quarter ended Jun 30, 2025,…
Business
EV maker Nio trims Q3 loss to 3.5 billion yuan with 40% jump in vehicle deliveries
Chinese electric vehicle (EV) maker Nio recorded a net loss of 3.5 billion yuan (S$638 million) for its third quarter ended Jun 30, 2025,…
Business
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
Ant Group’s quarterly profit grew 10 per cent after the Chinese digital payments giant bolstered its artificial intelligence capacity via…
Business
Board of Dasmond Koh’s NoonTalk Media says management’s pay ‘fair and justifiable’ amid firm’s losses
The remuneration committee has considered defined key performance indicators, performance milestones and market benchmarks The board of…
Business
ComfortDelGro and Hello Robotaxi partner on robotaxi deployment in China, overseas markets
The venture will focus on deploying and managing Robotaxi services via ComfortDelGro’s point-to-point operations Transport company…
Business
TSMC sues former senior vice-president who joined Intel over trade secrets
The company says Lo had failed to disclose in his exit interview that he was planning to work for Intel Taiwan Semiconductor Manufacturing…
Business
Alibaba beats quarterly revenue estimates
The company reported revenue of 247.80 billion yuan (S$45.5 billion) in the second quarter, compared with the estimates of 242.65 billion…
Business
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector Chinese e-commerce giant Alibaba…
Business
Amova announces two new funds with focus on SGX small and mid-cap stocks
This announcement is part of MAS’ EQDP, which aims to revitalise the local bourse Amova Asset Management, formerly Nikko Asset Management,…
Business
Volkswagen to export Chinese-made cars to more overseas markets
It has no plans to export them to Europe due to a difference in electronic architecture and software technology for smart vehicles [HEFEI,…
Business
Barclays sees surge in Africa, Asia cross-border deal flows
The Middle East, India and Singapore are doing more transactions in the region, and this will likely increase in 2026 Barclays has a…
Business
iFly Sentosa parent sues Simba over equipment ‘trespass’
Skyventure VWT, which provides an indoor skydiving experience through AltitudeX on Sentosa island, has taken telco Simba to court over…
Business
Singapore stocks fall, bucking regional gains; STI down 0.2%
Across the broader market, gainers outnumber losers 310 to 247 after 1.3 billion securities worth S$1.4 billion change hands Singapore…
Business
ECB reviews claims Deutsche Bank downplayed financial risks
It underplayed risks in its balance sheet and gave misleading picture of its financial health The European Central Bank is examining…
Business
Shell and Ferrari sign long-term green power supply deal
Power purchase agreements are rising in Italy as manufacturers lock in energy costs and secure green power Shell has signed a long-term…
Business
UK financial sector makes slow progress on preparations for new settlement system
40% of respondents in a survey say they will miss an interim deadline of Dec 31, 2026 Four in 10 financial businesses in Britain expect to…
Business
UK’s Domino's Pizza CEO steps down as strategy shift takes hold
The move comes as the chain broadens its focus beyond core pizzas to drive growth in a tough market Britain’s Domino’s Pizza Group said on…
Business
Xiaomi founder Lei Jun’s HK$100 million share purchase sparks stock rebound
Xiaomi founder Lei Jun’s purchase of about HK$100 million (S$16.8 million) worth of company stock may help bolster sentiment in the…
Business
ABN Amro to cut 5,200 jobs by 2028
ABN Amro Bank outlined a plan to cut 5,200 full-time roles by 2028 as new chief executive officer Marguerite Berard unveiled her vision…
Business
OCBC’s Lion Global Investors launches Singapore’s first physical gold fund
It seeks to track the performance of London Bullion Market Association Gold Price AM OCBC’s Lion Global Investors announced on Tuesday…
Business
OCBC’s Lion Global Investors launches Singapore’s first insured physical gold fund
It seeks to track the performance of London Bullion Market Association Gold Price AM OCBC’s Lion Global Investors announced on Tuesday…
Business
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts City Developments…
Business
CDL to sell Osaka hotel for 14 billion yen to Blackstone funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts City Developments…