Fashion
Alfa Romeo and Jeep dealership in Singapore to close by June – The Business Times
CAPELLA Auto, the agent for Alfa Romeo and Jeep cars in Singapore, is winding up its business by June and will sell its remaining stock of cars over the...
Chinese firms boost shareholder returns via dividends and buybacks – The Business Times
CHINESE firms are attracting investors with increased dividends and buybacks, spurred by a policy push for corporate governance reforms in a bleak and uncertain economic environment.
Beijing’s encouragement of these...
Grab contributed as much as 0.8% of Singapore GDP in 2023: report – The Business Times
RIDE-HAILING company Grab added S$5.2 billion to Singapore’s economy in 2023 through its on-demand services such as ride-hailing and delivery, an Oxford Economics report indicated. This is equivalent to...
BYD plans to sell plug-in hybrids in Japan – The Business Times
CHINA’S BYD could start selling its first plug-in hybrid vehicle in Japan this year, the company said on Friday (Jan 24), as it aims to expand its lineup in...
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate – The Business Times
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new chief executive officer on Friday (Jan 24). Deputy...
Tesla launches new Model Y in US, Canada, Europe weeks after China – The Business Times
ELON Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on Thursday (Jan 23), weeks after it...
Analysts upgrade Frasers Centrepoint Trust to ‘buy’, citing its high retail portfolio occupancy – The Business Times
ANALYSTS have upgraded Frasers Centrepoint Trust (FCT) to a “buy” rating, citing its high retail portfolio occupancy and ongoing asset enhancement initiatives (AEI) as positive signs for its outlook. ...
Tiktok’s possible buyers, from Elon Musk to MrBeast – The Business Times
TIKTOK’S Chinese parent company has just over two months to find a buyer for the app’s US business or face a nationwide ban, after getting a time extension from...
LNG firm Venture Global gets US$1.75 billion in year’s biggest IPO – The Business Times
VENTURE Global raised US$1.75 billion in its initial public offering (IPO), pricing its shares in the middle of a marketed range.The Arlington, Virginia-based company sold 70 million shares for...
Hong Kong’s CKI is said to weigh sale of UK’s £4 billion Eversholt Rail – The Business Times
CK INFRASTRUCTURE (CKI) is evaluating options for Eversholt Rail, including a possible sale that may value the British rolling stock company at as much as £4 billion (S$6.7 billion),...
Singapore stocks fall amid easing monetary policy settings and Trump tariff remarks; STI down 0.1% – The Business Times
SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy settings and US President Donald Trump calling for lower interest...
