Business
US proposes US$7.5 billion loan to Stellantis, Samsung SDI battery joint venture
THE US Energy Department said on Monday (Dec 2) it is planning to loan up to US$7.5 billion to a joint venture of Chrysler parent…
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Business
Business
China needs new clean tech investments after wind and solar boom
CHINA needs to boost investment in a new generation of clean energy technology including storage, hydrogen and sustainable aviation fuel,…
Business
'Wordle' today #1,263 clues, hints and answer for Tuesday, December 3
Another day, another Wordle puzzle, but if you're stuck solving this one we've got some great clues to get you over the line. Linguistics…
Business
The 3 biggest dating trends to look out for in 2025
As 2024 draws to a close, dating app Tinder has released its Year in Swipe™ 2024 report, analyzing global data from bios, surveys and user…
Business
Airlines not switching quickly enough to green jet fuel: study
MOST of the world’s airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group…
Business
Societe Generale on sales hiring push in Tokyo amid bond market revival
SOCIETE Generale has hired four senior salesmen in Japan as it seeks to capitalise on the country’s invigorated bond market along with…
Business
BOJ weighs case for first triple hike since Japan’s bubble burst
BANK of Japan (BOJ) governor Kazuo Ueda has plenty of data to support the case for raising the benchmark rate in December, an outcome that…
Business
STI up 0.9% as regional stocks rise amid further stimulus expectations in China
SINGAPORE shares ended higher on Tuesday (Dec 3), tracking regional gains as China’s central bank reiterated plans to boost the economy to…
Business
Marco Polo Marine H2 net profit dips 41.5% to S$10.7 million on lower revenue
MARCO Polo Marine posted lower net profit of S$10.7 million for its second half of the financial year ended Sep 30, 2024, down 41.5 per…
Business
Stocks to watch: Yangzijiang Shipbuilding, CapitaLand Investment, Dasin Retail Trust, Sembcorp Industries
THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 3): Yangzijiang Shipbuilding: The…
Business
Nissan is awash in outdated models as car buyers look elsewhere
WAITING times for Nissan Motor cars in Japan have shrunk far below those of other local brands, the latest sign of weak customer demand…
Business
Microchip says it will shut Arizona plant, updates outlook
MICROCHIP Technology, a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona,…
Business
Amazon debuts tools to make data centres less power hungry
AMAZON.COM’s cloud unit is rolling out components it says will make data centres run more efficiently, a move that could help address the…
Business
Nike to shut down virtual sneaker label RTFKT under new CEO
NIKE is shutting down its digital sneaker division RTFKT as the world’s largest athletic-wear company realigns priorities under a new…
Business
Spanish deliver company Glovo to employ riders on a permanent basis
A Glovo delivery rider drives through the city. Glovo, the Spanish subsidiary of the German food delivery service Delivery Hero, is to…
Business
Billionaires plan major new city for 2060
Indonesian billionaires are embarking on an ambitious $16 billion project to transform a formerly impoverished area of North Jakarta into…
Business
Castle Water to offer £4 billion equity to rescue Thames Water
Castle Water will offer to inject £4 billion (S$6.82 billion) into Thames Water this week to help save the beleaguered utility from…
Business
This airline will soon receive its first Airbus A321XLR
Qantas is getting closer to receiving its initial Airbus A321XLR, which is beginning final assembly at the Airbus plant in Hamburg,…
Business
US: Wall St opens slightly higher as caution prevails in data-packed week
Wall Street’s main indexes opened flat-to-higher on Monday (Dec 2), with focus on a slew of economic data this week, while Intel shares…
Business
St James's Place to cut around 500 jobs, source says
The cuts represent nearly a sixth of the company’s workforce of around 3,200 people British wealth manager St James’s Place is planning to…
Business
New US solar tariffs on South-east Asia to raise prices, cut profit margins
A NEW round of US solar panel import tariffs on South-east Asian producers is expected to raise consumer prices and cut into producer…
Business
Yangzijiang Shipbuilding bags US$2.6 billion in contracts
This takes the group’s shipbuilding contracts to US$14.3 billion in the year to date MARITIME vessel maker Yangzijiang Shipbuilding said…
Business
Hong Kong’s HKBN gets rival takeover interest from I Squared Capital
HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity…
Business
Sembcorp stays on transformation course, but big bet on renewable energy comes with risks
The threat of US tariffs, for example, could dampen global trade and electricity demand, and weaken the drive to invest in fossil fuels…