Business
Tesla’s UK car sales halve in October, New Automotive data shows
TESLA’S UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep…
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Business
Business
Aims Apac Reit’s H1 DPU rises 1.1% to S$0.0472
Aims Apac Reit’s distribution per unit (DPU) for the first half of FY2026 was recorded on Wednesday (Nov 5) at S$0.0472, up 1.1 per cent…
Business
Parkway Life Reit Q3 DPU up 2.3% at S$0.1156
Parkway Life Reit has raised its third-quarter distribution per unit (DPU) by 2.3 per cent to S$0.1156 from S$0.113 in the previous…
Business
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food…
Business
Bitcoin falls below US$100,000 as risk-off mood weighs on crypto
Bitcoin has wiped out its summer rally, giving back gains made during Wall Street’s euphoric embrace and a surge in institutional buying.…
Business
Seizing opportunities in Asean
Chinese companies eyeing expansion in the region will need to have deep local understanding, adaptable strategies and trusted financial…
Business
Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun
The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director…
Business
Singapore not aiming for Singdollar to be reserve currency: MAS’ Chia Der Jiun
It has safe‑haven appeal and other attributes of a reserve currency, but lacks scale, analysts say The Monetary Authority of Singapore…
Business
AMD’s outlook fails to wow investors after AI-fuelled rally
Investors have bet heavily on the company following blockbuster agreements with OpenAI and Oracle Advanced Micro Devices (AMD), the main…
Business
New lawsuit alleges Spotify allows streaming fraud
A NEW lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures to benefit…
Business
Apple prepares to enter low-cost laptop market for first time
The company plans to sell the new machine for well under US$1,000 by using less-advanced components Apple is preparing to enter the…
Business
Government shutdown could close some US airspace, airline stocks fall
The last time the US fully closed its airspace for domestic air traffic was on Sep 11, 2001, in response to terrorist attacks US…
Business
IBM to cut thousands of jobs in fourth quarter amid software focus
IBM will cut roles this quarter, the company said on Tuesday (Nov 4), potentially impacting thousands of employees while it shifts focus…
Business
US: Wall Street ends lower as bank CEOs warn of possible pullback, fueling tech bubble jitters
US stocks closed sharply lower on Tuesday as big banks warned that equity markets could be headed for a drawdown, reflecting mounting…
Business
Europe: Stoxx 600 hits two-week lows on global risk-off mood, mixed earnings
EUROPEAN shares fell on Tuesday to their lowest point in more than two weeks, echoing a broader risk-off mood across global markets, as…
Business
Tesla’s China shipments drop for the eight time in 10 months
Tesla’s China factory shipments resumed their decline last month, adding weight to expectations the Elon Musk-led carmaker faces a…
Business
Oil settles lower on stronger dollar, fears of oversupply
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the Opec+ decision to…
Business
Looking to the future as AI, quantum computing and tokenisation transform financial services
Tokenisation needs further development such as interoperable compliance-enabled infrastructure that can support deployment at scale THE…
Business
Complete Checklist for Car Warranty Claims
Have you ever purchased a vehicle that started causing you trouble sooner than expected? It is frustrating when a car you have invested in…
Business
Vietnam Set for Stronger 2025 Growth as Standard Chartered Lifts Forecast to 7.5%
Standard Chartered Bank has raised its forecast for Vietnam's economic growth in 2025 to 7.5 per cent, up from the earlier projection of…
Business
US: Wall Street tumbles after big banks flag pullback risk
Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street…
Business
Uber misses on profit even as rideshare, delivery trips soar
The company says that adjusted Ebitda for the fourth quarter will be US$2.41 billion to US$2.51 billion Uber Technologies shares fell…
Business
Harley-Davidson tops revenue estimates on demand for custom touring models
Harley-Davidson topped third-quarter revenue estimates on Tuesday (Nov 4) on robust demand for its high-margin custom touring models,…
Business
Pfizer boosts profit view as it battles for obesity startup
Pfizer raised its 2025 profit forecast for the second time this year, as ongoing cost cuts helped make up for slow sales growth that’s…