Business
Jeep owner Stellantis warns of fire risk in 200,000 plug-in SUVs
STELLANTIS warned that nearly 200,000 plug-in hybrid Jeep SUVs worldwide may be at risk of catching fire. The carmaker is recalling…
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Business
F&B counters still whet investor appetite amid privatisation deals
The thirst for yield has drawn interest from private equity, which can provide a further boost to growth SINGAPORE-LISTED food and…
Business
F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
DESPITE a fiercely competitive environment, Singapore-listed food and beverage (F&B) players are still a draw for investors. The thirst…
Business
Bajaj Auto leads EV sales in Sep; Ola remains biggest player in e2W space
Bajaj Auto has become the top player in India's electric vehicle market by monthly volumes, across all categories, with over 25,000 sales…
Business
Chinese stock market enters bull market after biggest surge since 2008
4 min read Last Updated : Sep 30 2024 | 11:46 PM IST Bloomberg News Chinese stocks extended one of their most remarkable turnarounds in…
Business
Festival season sales kick off to record-breaking start for e-com majors
2 min read Last Updated : Sep 30 2024 | 11:41 PM IST The festival season has kicked off to a record-breaking start for e-commerce majors…
Business
Hydra Trading sells 1.24% stake in RBL Bank for Rs 152 crore in open market
The shares were sold at an average price of Rs 203 apiece, taking the deal value to Rs 152.49 crore. | Photo: Shutterstock 2 min read Last…
Business
Lagarde backs bank mergers as ECB prepares for UniCredit verdict
European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the eurozone, saying they…
Business
Thai Air plans US$1.3 billion share sale to complete debt revamp
Thai Airways International plans to issue new shares worth at least US$1.3 billion to creditors and other investors by December, a major…
Business
Current account deficit widens to 1.1% of GDP in June quarter at $9.7 bn
2 min read Last Updated : Sep 30 2024 | 8:05 PM IST India’s current account balance moved into deficit (CAD) sequentially to $9.7 billion…
Business
US: Wall St opens lower as investors await economic data, Powell's comments
Wall Street’s main indexes opened lower on Monday (Sep 30) as investors paused after a rally in the previous week and exercised caution…
Business
STPI focuses on tech startups, GCCs; 10 new parks in smaller cities soon
4 min read Last Updated : Sep 30 2024 | 7:05 PM IST After playing a pivotal role in shaping India’s IT services sector for over three…
Business
Indonesia’s Bank Mandiri backs new coal power plant with US$1.27 billion financing
The financing comes at a time when Indonesia is striving to reduce coal consumption and transition to renewable energy Bank Mandiri – the…
Business
Murdoch’s REA ends month-long takeover pursuit of Britain’s Rightmove
RIGHTMOVE’S shares dropped 8 per cent on Monday (Sep 30) after Rupert Murdoch’s REA Group ended its US$8.29 billion takeover pursuit…
Business
Japfa fails to buy targeted maximum number of shares under equal access scheme
Shareholders will be entitled to sell to the company up to 9 per cent of shares held in their name JAPFA managed to purchase only 76.3 per…
Business
India unique market, offers huge growth potential: Alma Lasers CEO Dayan
Commenting on the Indian market Dayan said India is a unique market and one of the first three markets, where Alma was direct, after the…
Business
Bharti Airtel prepays Rs 8,465 crore to DoT for spectrum acquired in 2016
The company has prepaid Rs 8,465 crore to the Department of Telecom (Government of India) against spectrum acquired in 2016. | File Photo:…
Business
China’s central bank buys 200 billion yuan of sovereign bonds in September
THE Chinese central bank said on Monday (Sep 30) that it had bought 200 billion yuan (S$36.5 billion) of the country’s government bonds in…
Business
Aston Martin plunges as supply woes prompt profit warning
SHARES of Aston Martin Lagonda Global plunged after the luxury sports-car maker lowered its guidance for the year, blaming supply chain…
Business
Arkade, Northern Arc, Kross, Western Carriers, Tolins Tyres hit new lows
3 min read Last Updated : Sep 30 2024 | 11:52 AM IST Shares of recently listed companies, including Arkade Developers, Western Carriers…
Business
Volkswagen’s second profit warning exposes a carmaker in decline
VOLKSWAGEN’s (VW) second profit warning in three months makes one thing clear: Europe’s biggest automaker is in decline. The German…
Business
Indonesia launches central counterparty clearing house
INDONESIA launched on Monday (Sep 30) a central counterparty clearing house (CCP) for foreign exchange and money market transactions as it…
Business
Hot stock: Nio jumps over 20% on news of strategic investment in China unit
The last time the counter reached such levels was in January, when it traded above US$7.60 SHARES of Nio rose by 21.9 per cent on Monday…
Business
Thailand has no limit on number of virtual bank licenses: deputy finance minister
THAILAND is not limiting the number of virtual bank permits that will be issued, a deputy finance minister said on Monday. Any group that…