Business
Venâncio Mondlane is Mozambique’s political challenger: what he stands for
When people watched political debates on Soico TV, one of the most watched private channels in Mozambique, around 2010, they often saw a…
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Business
Business
US: Wall St opens muted as investors assess data, Trump economic emergency report
Wall Street’s main indexes opened subdued on Wednesday (Jan 8), as investors digested softer-than-expected jobs data and took stock of a…
Business
Tesla poised for US$1 billion windfall from EU’s emissions curbs
TESLA could collect more than 1 billion euros (S$1.4 billion) in compensation from rival automakers that need help meeting tougher…
Business
Tesla poised for 1 billion euros windfall from EU’s emissions curbs
TESLA could collect more than 1 billion euros (S$1.4 billion) in compensation from rival automakers that need help meeting tougher…
Business
How long will Genesis be the inconspicuous luxury brand?
It took Toyota decades to crack the European market with Lexus but look at it now: from the low thousands year in year out to what should…
Business
China Everbright issues first tranche of medium-term notes for 2025
CHINA Everbright Water has issued its first tranche of medium-term notes (MTNs) for 2025 with a principal amount of 1.5 billion yuan…
Business
Apple executives discuss potential investment in Indonesia
Indonesia's Industry Minister Agus Gumiwang Kartasasmita reportedly held talks recently with Apple executives about the company's…
Business
BlackRock becomes Yangzijiang Shipbuilding’s substantial shareholder
Asset manager acquires 10.8 million shares of maritime vessel maker for an unknown amount of consideration ASSET manager BlackRock is…
Business
World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest…
Business
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
SINGAPORE fund managers are anticipating an escalation in geopolitical conflicts, which will leave a material impact on the global economy…
Business
Singapore police partner banks to prevent S$73 million in potential scam losses
Two-month operation relies on robotic process automation technology to detect possible victims, enabling authorities to reach out to them…
Business
Tyre maker Goodyear to sell Dunlop brand to Japan’s Sumitomo Rubber for US$701 million
GOODYEAR Tire & Rubber said on Tuesday (Jan 7) that it will sell its Dunlop brand to Japan’s Sumitomo Rubber Industries for US$701 million…
Business
China renews car trade-in subsidy to boost hybrid, EV sales
CHINA has renewed a trade-in subsidy of up to 20,000 yuan (S$3,724) to help underpin sales of fuel-efficient vehicles, including electric…
Business
Micron invests US$7 billion in Woodlands advanced packaging site; 1,400 jobs to be created
MICRON Technology broke ground on its high-bandwidth memory (HBM) advanced packaging facility on Wednesday (Jan 8) in Singapore, adjacent…
Business
Centurion hits record high, surges 6.3% after news that it is exploring a Reit listing
SHARES of accommodation assets operator Centurion surged 6.3 per cent on Wednesday (Jan 8) following the previous day’s news that it is…
Business
Amazon’s AWS to invest US$11 billion in Georgia to boost AI infrastructure development
AMAZON.COM said on Tuesday (Jan 7) that its cloud computing division, Amazon Web Services (AWS), plans to invest about US$11 billion to…
Business
JPMorgan quits climate finance group, following Citi, Bank of America
JPMORGAN Chase just became the last of Wall Street’s biggest banks to abandon the industry’s largest climate-finance alliance. The No 1 US…
Business
China’s richest regions cut electricity prices to protect industries
MORE Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on…
Business
STI ends up 1.5%; banks, Yangzijiang Shipbuilding lead gains
SINGAPORE shares ended higher on Wednesday (Jan 8), led by gains in the local banks and Yangzijiang Shipbuilding. The Straits Times Index…
Business
Stoneweg E-Reit’s portfolio value inches up 0.3% in H2 2024
STONEWEG European Real Estate Investment Trust’s (Stoneweg E-Reit) portfolio valuations crept up 0.3 per cent for the second half of the…
Business
Stocks to watch: SingPost, Centurion, Stoneweg E-Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 8): Source link
Business
US blacklist of China’s tech giants risks faster decoupling
THE US’s latest move to expand its list of Chinese military companies risks doing more than tanking the shares of some of its most…
Business
Toyota invests $44.4M in private Japanese spaceflight company
Toyota Motor Corporation Chairman Akio Toyoda announces the automaker's $44.4 million investment in private space technology during the…
Business
Amazon Beats Disney, Paramount, and Netflix in $40M Bid for Melania Trump Documentary Deal
Amazon has reportedly acquired the rights to a documentary about Melania Trump, directed by Brett Ratner, for an impressive $40 million.…