Business
Ford to invest 32.5 billion rupees in India defying Trump’s local push
More recently, other US companies have been building up their manufacturing presence in India, despite the political tension Ford Motor…
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Business
Business
Japanese semicon photomask maker Tekscend breaks ground on new Singapore plant, set to create 60 jobs
New plant will be fully operation end-2026 or early 2027; aims to serve customers in Singapore, Malaysia and India Tekscend Photomask…
Business
Trump’s TikTok deal with China – what do we know?
US and Chinese officials have discussed a deal under which Oracle and several other companies would invest in a US version of the social…
Business
Raffles Education jumps 19% on debt conversion; special dividend plan
Shares of Raffles Education surged over 19 per cent on Friday (Oct 31) morning after the company announced a debt conversion plan. It…
Business
Gold rises on bargain hunting and US rate cut, set for monthly gain
Traders have scaled back bets that the Fed will cut rates again at its next policy meeting on Dec 10 after remarks from Fed chair Jerome…
Business
US candy makers haunted by Halloween discounts as retailers scare up sales
US retailers are discounting some Hershey candy ahead of Halloween on Friday, the confectioner’s biggest holiday, after it hiked prices…
Business
Crypto exchange Coinbase beats analysts’ estimates as trading volumes surge
Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to…
Business
SIA earnings likely to stay ‘pressured’ despite over 380,000 discounted tickets: analysts
Concerns around passenger yield, drag from the crash of Air India flight 171 and rising non-fuel costs could weigh heavier Singapore…
Business
ANZ flags A$1.1 billion second-half profit hit from restructuring, compliance costs
Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of…
Business
Stocks to watch: Wilmar International, Yangzijiang Financial, Sheng Siong, CapitaLand India Trust
The following companies saw new developments that may affect trading of their securities on Friday (Oct 31): Wilmar International: It…
Business
CapitaLand India Trust Q3 total property income up 10% at 5.1 billion rupees
This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says…
Business
Meta sells US$30 billion of bonds as AI frenzy fuels record orders
Technology firms are capitalising on falling borrowing costs as the Fed cuts interest rates and investors race to lock in still-elevated…
Business
Toyota steps up India expansion with new SUVs, rural push as profit surges
Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as…
Business
Netflix announces ten-for-one stock split, shares rise
Trading is expected to begin on a split-adjusted basis at the market open on Nov 17 Netflix on Thursday (Oct 30) announced a ten-for-one…
Business
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China. Apple…
Business
US: Wall Street indexes fall as Meta, Microsoft drag, along with Fed rate concerns
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft…
Business
Europe: Shares fall as rate uncertainty, earnings sour sentiment
EUROPEAN shares logged their third session of declines on Thursday as uncertainty over the future moves of central banks grew, while…
Business
Oil prices steady as investors assess US-China trade truce
Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after US President…
Business
Amazon reports cloud unit grew at fastest rate since 2022
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and…
Business
Crocs is Pulling Back to Move Forward
Crocs Inc. is setting the stage for future growth. The footwear firm on Thursday posted third quarter earnings results that were better…
Business
Prince Andrew Stripped Of His 'Prince' Title and Forced to Leave Royal Lodge Amid Epstein Scandal as He Will be Known as Mr Mountbatten Windsor
Prince Andrew, the disgraced royal and former pal of Jeffrey Epstein, will lose his royal title of a prince and is being asked to vacate…
Business
Universal Music Group settles with AI music startup Udio
Universal Music Group said Wednesday it has reached licensing agreements with artificial intelligence music startup Udio, settling a…
Business
Nexperia-owner Wingtech demands reinstatement of ousted CEO as condition to restart China exports
The dispute has triggered concerns of production stoppages, especially in the European auto industry Wingtech Technology says any deal to…
Business
China’s largest banks report steady profits, but margins shrink
[BEIJING/SHANGHAI] Four of China’s largest five state-owned banks reported steady profits on Thursday (Oct 30), but their margins came…