Business
RBA to boost risk assessment when deploying unconventional tools
AUSTRALIA’S central bank will strengthen its assessment of potential risks when deploying an unconventional monetary policy, assistant…
Section
Business
Business
Stocks to watch: Singtel, CapitaLand Ascott Trust, Keppel
THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 9): Singtel: Business and…
Business
Roblox tumbles as Hindenburg bets against gaming platform
ROBLOX shares slumped on Tuesday (Oct 8) after short seller Hindenburg Research said it’s betting against the gaming platform. The stock…
Business
Telcos should face tougher regulations to ensure service standards amid Smart Nation push
SINCE the government announced in February 2024 that it would invest up to S$100 million to upgrade Singapore’s Nationwide Broadband…
Business
Consortium backed by 10 biz leaders to hold inaugural quality symposium
The Indian Foundation for Quality Management (IFQM) — a not-for-profit consortium backed by 10 of the country’s most influential business…
Business
Q2 result preview: O2C business may drag RIL to another weak quarter
Premium Signage for Reliance Industries Ltd. in Gujarat, India.Photographer: Dhiraj Singh/Bloomberg 2 min read Last Updated : Oct 09 2024…
Business
SBI-led panel against 18% GST on co-lending; submits report to FinMin
A State Bank of India (SBI)-led committee to encourage co-lending between commercial banks and non-banking financial companies (NBFCs) has…
Business
TikTok sued by 13 US states and DC, accused of harming younger users
TIKTOK faces new lawsuits filed by 13 US states and the District of Columbia on Tuesday (Oct 8), accusing the popular social media…
Business
GLP Capital Partners sells ex-China assets to Ares for up to US$5.2 billion
FUND manager GLP Capital Partners (GCP) has agreed to sell its operations outside China to US-based alternative investment group Ares…
Business
Ultratech Cement stock better placed amid recovery hopes in demand
Premium Ultratech Cement (Photo: PTI) 3 min read Last Updated : Oct 08 2024 | 9:22 PM IST The cement industry struggled through the…
Business
PepsiCo trims sales forecast as customers tighten purse strings on snacks, sodas
PepsiCo cut its forecast for annual sales growth on Tuesday (Oct 8) as picky consumers in North America limit their spending on sodas and…
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…
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…