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Volkswagen to export Chinese-made cars to more overseas markets
It has no plans to export them to Europe due to a difference in electronic architecture and software technology for smart vehicles [HEFEI,…
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Barclays sees surge in Africa, Asia cross-border deal flows
The Middle East, India and Singapore are doing more transactions in the region, and this will likely increase in 2026 Barclays has a…
Business
iFly Sentosa parent sues Simba over equipment ‘trespass’
Skyventure VWT, which provides an indoor skydiving experience through AltitudeX on Sentosa island, has taken telco Simba to court over…
Business
Singapore stocks fall, bucking regional gains; STI down 0.2%
Across the broader market, gainers outnumber losers 310 to 247 after 1.3 billion securities worth S$1.4 billion change hands Singapore…
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ECB reviews claims Deutsche Bank downplayed financial risks
It underplayed risks in its balance sheet and gave misleading picture of its financial health The European Central Bank is examining…
Business
Shell and Ferrari sign long-term green power supply deal
Power purchase agreements are rising in Italy as manufacturers lock in energy costs and secure green power Shell has signed a long-term…
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UK financial sector makes slow progress on preparations for new settlement system
40% of respondents in a survey say they will miss an interim deadline of Dec 31, 2026 Four in 10 financial businesses in Britain expect to…
Business
UK’s Domino's Pizza CEO steps down as strategy shift takes hold
The move comes as the chain broadens its focus beyond core pizzas to drive growth in a tough market Britain’s Domino’s Pizza Group said on…
Business
Xiaomi founder Lei Jun’s HK$100 million share purchase sparks stock rebound
Xiaomi founder Lei Jun’s purchase of about HK$100 million (S$16.8 million) worth of company stock may help bolster sentiment in the…
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Sri Trang Gloves’ production facilities in flood-hit areas in Thailand temporarily suspended
The dual-listed group says it is working to ensure that operations continue with minimal business impact Sri Trang Gloves said on Tuesday…
Business
ABN Amro to cut 5,200 jobs by 2028
ABN Amro Bank outlined a plan to cut 5,200 full-time roles by 2028 as new chief executive officer Marguerite Berard unveiled her vision…
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OCBC’s Lion Global Investors launches Singapore’s first physical gold fund
It seeks to track the performance of London Bullion Market Association Gold Price AM OCBC’s Lion Global Investors announced on Tuesday…
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OCBC’s Lion Global Investors launches Singapore’s first insured physical gold fund
It seeks to track the performance of London Bullion Market Association Gold Price AM OCBC’s Lion Global Investors announced on Tuesday…
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Iowa Man Who Killed Ex-Girlfriend's Mother, Critically Injured Her Father After Their Break-Up, Sentenced
An Iowa man will spend the rest of his life in prison after he shot his ex-girlfriend's parents, killing her mother and critically…
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Who Killed DELAROSA? Budding Latin Singer Shot Dead Inside Parked Car in Los Angeles Ambush-Style
Rising Latin artist and influencer DELAROSA was shot dead in Los Angeles after being targeted in an ambush-style attack, which also left…
Business
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts City Developments…
Business
CDL to sell Osaka hotel for 14 billion yen to Blackstone funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts City Developments…
Business
Philippines mulls rate cut to spur demand after scandal hit
The Philippine central bank will consider another reduction in the benchmark interest rate next month to help spur demand, its top…
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Old Jeju killing falsely tied to S. Korea's visa-free policy for Chinese tourists
After South Korea began receiving Chinese tour groups under a temporary visa-free policy, a nearly decade-old photo resurfaced in posts…
Business
WeRide trims losses as China’s robotaxi race gains momentum
The company currently holds autonomous driving permits in eight countries, the most out of all robotaxi players in the region WeRide…
Business
Starbucks Malaysia operator sees business rebound after boycotts
The company is also preparing to expand in Nordic countries, where it has the rights to the brand The operator of Starbucks in Malaysia…
Business
Asia: Markets advance as odds for another Fed rate cut grow
Tech firms have enjoyed a revival after suffering a period of selling in recent weeks Asian investors on Tuesday (Nov 25) welcomed more…
Business
Syngenta is said to mull Hong Kong IPO after Shanghai pulled
The company operates in more than 90 countries and has more than 30,000 employees Syngenta Group is considering an initial public offering…
Business
BMW mulls adding range-extending engines to EV models in China
The company may become the first German automaker to offer the technology that’s not yet widely available in Europe BMW is weighing the…