Fashion
China curbs exports of key chipmaking components to US
BEIJING said on Tuesday (Dec 3) that it would restrict exports to the United States of some key components in making semiconductors, after Washington announced curbs targeting China’s ability...
China lifts final trade restrictions on Australian meat processors
CHINA has lifted trade restrictions on two Australian meat processing facilities, allowing the full resumption of red meat exports to the country, the Australian government said on Tuesday (Dec...
ExxonMobil is said to weigh sale of US$1 billion Singapore gas stations
OIL major ExxonMobil is considering a sale of its gas stations in Singapore, which could raise about US$1 billion, according to sources familiar with the matter.ExxonMobil is working with...
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 Stellantis and Samsung SDI...
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, according to executives speaking at the BloombergNEF Summit in...
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 Transport and Environment, which also found...
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 local banks’ appetite for higher-yielding investments.Former NatWest...
China’s yuan falls to one-year low on weak growth, tariff risk
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid risks of higher US tariffs.The...
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 would mark the first...
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 promote growth in 2025. The benchmark Straits...
