Business
China’s BYD wants to build cars in India, but has no ‘direct’ signal of investment rules easing
CHINA’S BYD wants to make cars in India but has received no “direct” signal from New Delhi on a possible easing of stringent investment…
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Business
Business
Online retailer Shein’s 2023 sales hit £1.55 billion in UK
SHEIN’S British business made £1.55 billion (S$2.6 billion) in revenue in 2023, up sharply from its previously reported results, a filing…
Business
Singapore stocks fall amid regional declines on Tuesday; STI down 0.7%
SINGAPORE stocks tracked regional declines on Tuesday (Oct 8), reversing Monday’s gains. The benchmark Straits Times Index (STI) lost 0.7…
Business
Hong Kong stocks plunge more than 9%, biggest fall in 16 years
Hong Kong’s Hang Seng Index dived 9.41%, or 2,172.99 points, to 20,926.79. Hong Kong stocks plunged more than nine per cent on Tuesday…
Business
Saudi fund trims Nintendo stake after saying it wants more
Its ownership in the company falls to 7.54% from 8.58%, a filing to Japan’s finance ministry shows SAUDI Arabia’s sovereign wealth fund…
Business
Reliance Retail enters quick commerce, challenges Blinkit, Swiggy Instamart
4 min read Last Updated : Oct 08 2024 | 11:11 AM IST Reliance Retail, the country’s largest retailer, has officially entered the booming…
Business
Nykaa's share price falls despite strong Q2 update; check details here
2 min read Last Updated : Oct 08 2024 | 10:07 AM IST Shares of FSN E-Commerce Ventures, parent of e-commerce brand Nykaa dropped as much…
Business
Battery maker LG Energy profit declines as global EV sales slump
THE global slowdown in electric vehicle (EV) sales has hit LG Energy Solution, with the Korean battery maker’s third-quarter profit…
Business
Stock Market LIVE Updates: GIFT Nifty signals weaker open for India markets; Hang Seng declines 10%
Stock Market LIVE Updates, Tuesday, October 8, 2024: GIFT Nifty futures, trading around 100 points behind at 7:45 AM, from Nifty futures'…
Business
Gold flat as markets await Fed minutes
GOLD prices were flat in early Asian hours on Tuesday (Oct 8) as market participants awaited minutes of the US Federal Reserve’s last…
Business
Australia central bank discussed future cases for raising, lowering rates
AUSTRALIA’S central bank discussed scenarios in which the cash rate may need to be raised or cut in the future at the September policy…
Business
Banks tap Hong Kong’s discount window for most funds since 2019
HONG Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a sudden demand…
Business
Samsung results disappoint as AI chip gap with rivals persists
SAMSUNG Electronics posted profit and revenue that fell short of market expectations, stoking uncertainty about the outlook of its pivotal…
Business
Samsung apologises for disappointing profit as it struggles in AI chips
SAMSUNG Electronics estimated on Tuesday (Oct 8) that its third-quarter operating profit jumped nearly four-fold but missed analysts’…
Business
Saudi Arabia’s PIF to take 40% share in Selfridges stores
SAUDI Arabia’s Public Investment Fund (PIF) is set to become a minority partner in department store chain Selfridges after buying out the…
Business
FTX clear to repay customers as firms seek slice of US$1 billion
CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded…
Business
Singtel must show results from NCS, Optus divisions to drive further share price growth: analysts
They are also looking for potential expansion that emanates from big ticket deals, such as the data centre agreements announced earlier…
Business
Singtel must show results from NCS, Optus divisions to help fuel share price uptrend
Analysts are also looking for potential expansion from big ticket deals, such as the data centre agreements announced earlier this year…
Business
FPIs' holdings in Indian securities surpass $1 trillion for the first time
2 min read Last Updated : Oct 08 2024 | 12:06 AM IST Foreign portfolio investors (FPIs) have, for the first time, amassed holdings in…
Business
Bringing the momentum back to India, says Cognizant CEO Ravi Kumar S
Ravi Kumar S will complete two years as chief executive officer of Nasdaq-listed Cognizant at the turn of this year. The company grabbed…
Business
India's reformist attitude not seen in many countries: OECD Chief Economist
Premium Alvaro Santos Pereira, Chief Economist of Organisation for Economic Co-operation and Development (OECD) 4 min read Last Updated :…
Business
Northern Arc aims to raise Rs 1,000 cr through alternate investment fund
The AIF is targeting to invest in 45-55 entities across its four-year cycle. | Representative Picture 2 min read Last Updated : Oct 07…
Business
US antitrust case accusing Amazon of stifling competition to move forward
Amazon has said in court papers it stopped using the program in 2019. | Photo: Shutterstock 2 min read Last Updated : Oct 07 2024 | 11:40…
Business
Amazon India launches safety, wellness initiatives for delivery associates
1 min read Last Updated : Oct 07 2024 | 10:40 PM IST Amazon India has launched ambulance services for delivery associates in partnership…