Business
US-Australia rare earths deal is a start but won’t shake China dominance any time soon
US and Western allies seek to loosen China’s grip amid rising trade and security tensions Donald Trump’s backing of Australia’s critical…
Section
Business
Business
Swiss Watch Exports to U.S. Halved in September
PARIS – The U.S. lost its crown as the top market for Swiss watch exports in September. Exports to the country slumped 55.6 percent in the…
Business
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that…
Business
Shares of doormaker surge as it secures planning permit for student accommodation in Australia
Shares of Singapore doormaker HS Optimus surged on Tuesday (Oct 21), after it secured a permit for a 14-storey purpose-built student…
Business
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s…
Business
Arm expands AI licensing program to boost on-device AI market share
Arm Holdings said on Monday (Oct 20) that it is expanding its Flexible Access licensing program to cover its Armv9 edge artificial…
Business
Mandarin Oriental shares surge 36.7% on privatisation offer, Jardine Matheson up 7%
Shares of hotel chain Mandarin Oriental surged 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from controlling…
Business
Mandarin Oriental shares surge 36.3% on privatisation offer, Jardine Matheson up 7.5%
Shares of hotel chain Mandarin Oriental surged as much as 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from…
Business
Mandarin Oriental shares surge 36.3% on privatisation offer, Jardine Matheson up 7.8%
Shares of hotel chain Mandarin Oriental surged as much as 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from…
Business
BHP bets on iron ore resilience despite China slowdown; Q1 output misses
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter…
Business
Stocks to watch: Genting Singapore, Jardine Matheson, Mandarin Oriental, Parkway Life Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 21): Genting Singapore: The…
Business
China dominates in global market as exports of valuable commodity double in just 1 year: 'Golden September'
China has announced that its electric vehicle exports in September doubled from a year ago after car manufacturers expanded into…
Business
Ripple-tied treasury firm to raise over US$1 billion to go public
The companies have funded tens of billions of US dollars purchases of their target tokens and enjoyed hefty premiums when investors were…
Business
Chip crunch: how the AI boom is stoking prices of less trendy memory
The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers,…
Business
Nomura asset’s new Japan retirement help team is run by retirees
Among the risks that investors in the country face are demographic trends such as shrinking birthrates, an ageing population and longer…
Business
China scraps platinum tax break for state-owned giant
Wind is a favoured industry as the Asian nation aims to boost renewable energy and accelerate the country’s energy transition China will…
Business
Deals for startups reach record in Japan before listing curbs
A plan to cull the smallest listings on the Tokyo Stock Exchange (TSE) is spurring a record number of buyouts of young companies in Japan,…
Business
IG Singapore seeks to broaden appeal beyond CFD trading under new CEO Gavin Chia
The firm plans to add new products, improve its app experience and step up investor education Online brokerage IG Singapore is moving…
Business
Catalist stocks ride on renewed market interest, but more needs to be done to spur mainboard transfers
Challenges faced in transitioning include low liquidity, limited visibility and investor perception issues, which hinder capital raising…
Business
Genomics giant Illumina to boost Singapore headcount by 25%, doubles down on local R&D
US-based company is developing next-generation sequencers, using AI models in the Republic to speed up diagnostics and lower healthcare…
Business
Amazon‘s AWS nears recovery after major outage disrupts apps, services worldwide
Amazon.com said on Monday that a cloud computing unit at its data center in northern Virginia had largely contained fallout from a…
Business
Amazon says AWS cloud service is back to normal after outage disrupts businesses worldwide
The disruption was the largest since last year’s CrowdStrike malfunction hobbled technology systems in hospitals, banks and airports…
Business
US: Wall Street ends sharply higher as earnings optimism fuels risk appetite
US stocks jumped on Monday with finance and technology shares providing much of the upside muscle, as upbeat quarterly earnings results…
Business
Oil settles at 5-month low as supply glut fears mount
Oil prices settled at their lowest since early May on Monday as investors weighed a potential global glut, with US-China trade tensions…