Business
Chinese carmaker Geely to pay US$2.4 billion to take full control of Zeekr
Chinese automaker Geely Automobile will acquire the chunk of electric-vehicle maker Zeekr that it does not already own for US$2.40…
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Geely to take Zeekr unit private at US$6.83 billion valuation
The carmaker, which already holds 62.8% of Zeekr, has raised its buyout offer from US$2.2 billion in May to about US$2.4 billion — Geely…
Lifestyle
SIA, Scoot passenger traffic up 4.5% in June on strong travel demand
Singapore Airlines (SIA) and its low-cost arm Scoot reported a 4.5 per cent year-on-year increase in passenger traffic in June, its…
Business
India's cooling inflation prompts rate cut calls
A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more…
News
Can A.I. Find Cures for Untreatable Diseases—Using Drugs We Already Have?
When David Fajgenbaum was a twenty-five-year-old medical student, at the University of Pennsylvania, he started to feel so tired that he…
News
University of Arkansas Professor Accused of Downloading, Possessing Child Pornography
A professor at the University of Arkansas was arrested and accused of possessing child sexual abuse material, according to the Washington…
Business
Singapore shares rise, tracking regional gains; STI up 0.3%
Straits Times Index rise 10.61 points to 4,119.82, after hitting an intra-day high of 4,129.77 The benchmark Straits Times Index (STI)…
Lifestyle
Centurion launches premium brand in student housing for its upcoming Reit
[SYDNEY, Australia] Centurion Corporation has unveiled a premium brand for its latest purpose-built student accommodation (PBSA) property…
Business
Singapore AUM up 12.2% in 2024, exceeds S$6 trillion for the first time
Total assets under management (AUM) in Singapore rose 12.2 per cent to hit S$6.07 trillion as at Dec 31, 2024, surpassing the S$6 trillion…
Business
Nissan to halt production at Japanese plant at Oppama
Struggling auto giant Nissan said on Tuesday (Jul 15) it will stop production at its plant at Oppama in Japan at the end of its 2027…
Business
Galeries Lafayette Reshuffles Management Ranks
PARIS – Galeries Lafayette continues to reshuffle its management ranks in the wake of the death of matriarch Ginette Moulin. Following the…
Business
Wyndham to boost presence in South Asia with new alliance
Wyndham Hotels & Resorts has announced a strategic alliance with Indian hospitality group Cygnett Hotels & Resorts to expand its footprint…
Business
SMFG said to eye US$1.1 billion additional investment in Yes Bank: sources
The fresh investment would bring the total amount to US$2.7 billion, giving SMFG a roughly 25% stake in Yes Bank Sumitomo Mitsui Financial…
News
San Jose Father Stabs 9-Year-Old Son, Then Lures Cops into Fatally Shooting Him
A man allegedly stabbed his 9-year-old son to death in a San Jose park Sunday afternoon and was subsequently killed by police intended to…
Business
Chinese investors’ FX pile hits US$1 trillion amid low local rates
Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they shunned the…
Business
Temasek’s Heliconia Capital awaits MAS approval for new CEO after departure of Derek Lau
Temasek-owned Heliconia Capital Management is awaiting regulatory approval for a new chief executive, some four months after the…
Business
Far East Hospitality opens two hotels in Osaka
Far East Hospitality announced on Tuesday (Jul 15) the opening of two hotels in the Namba South and Honmachi districts in Osaka, in a bid…
Business
Ericsson's Q2 profit beats expectations, says North America growth was good
Operating profit excluding restructuring charges was 7.0 billion crowns against a year-earlier loss of 11.9 billion Swedish telecom…
Business
RTX launches new Collins Aerospace facility with flexible manufacturing system in Singapore
Defence conglomerate RTX launched its new Collins Aerospace facility at Seletar Aerospace Park in Singapore on Tuesday (Jul 15). This…
News
Some airlines checking Boeing fuel switches after Air India crash
India on Monday (Jul 14) ordered its airlines to examine fuel switches on several Boeing models, while South Korea said it would order a…
News
19-Year-Old Dies After Meat Grinder Gets Activated During Cleaning at Tina's Burrito Factory in Vernon
An investigation was underway after a 19-year-old man died while he was working at a Vernon factory that makes frozen burritos. The tragic…
Business
Malaysia has not found any evidence yet of illicit chip smuggling, minister says
Malaysia has not yet found any evidence of illicit trade in advanced semiconductors, its trade minister said on Tuesday (Jul 15), adding…
News
Ethiopian troops 'executed' aid workers in Tigray war, charity says
Ethiopian government forces "executed" three employees of medical charity Médecins Sans Frontières (MSF) while they were on a humanitarian…
Beauty
Who’s Winning the 2025 Fragrance Game so Far?
Macy’s may be holding on to its longtime position as the top U.S. retailer by share of fragrance sales, but plenty of other shifts are…