Business
India’s Tata Motors posts surprise Q2 profit drop on weak sales
INDIA’S Tata Motors reported a surprise drop in second-quarter profit and its first revenue decline in 10 quarters on Friday (Nov 8), hurt…
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AI startup funding hit a record in L.A. area last quarter. Here's who got the most money
The Bay Area has long held the title for attracting the most venture capital funding in the nation, and that naturally includes the hot…
Business
State Bank of India beats Q2 profit view but lending margin shrinks
STATE Bank of India, the country’s largest lender by assets, beat second-quarter profit estimates on Friday (Nov 8), helped by higher…
Business
Singapore banks lead STI rally to 17-year high; index up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 17-year high. It was up 1.4 per cent or 50.88 points at…
Fashion
Richemont profit slumps on weak China demand for luxury watches
RICHEMONT reported a slump in profit in the first half as the Swiss luxury group’s watchmaking division suffered from cooling demand in…
Business
China’s car sales jump in October as automakers rush to meet annual goals
CHINA’S passenger vehicle sales jumped 11.2 per cent in October year on year, the second straight monthly rise and the fastest growth…
News
Blind puppy found tied to pole "pleading for help" before Hurricane Milton
A blind puppy was found tied to a poll "pleading for help" in Florida as the state prepared for the imminent onslaught of Hurricane…
Business
US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on Trump’s policies THE latest rate cut by the US Federal…
Business
Fed’s rate cut brings ‘relief’ to Asian markets with STI hitting 17-year high, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on the new president’s policies THE latest rate cut by the US…
Business
Geely seeks over two billion euros loan to refinance Volvo truck deal
CHINESE billionaire Li Shufu’s Zhejiang Geely Holding Group is in talks with banks for a syndicated loan to refinance borrowings related…
Business
Fed’s implied message: Enjoy the rate cuts and market euphoria now, worry about tariffs and deficits later
Powell leaves door open to another cut in December, depending on the rate of inflation and if the labour market softens further THE US…
Business
UOB looks to take ‘full advantage’ of excess capital by end of this year: CEO Wee Ee Cheong
UOB is actively looking to manage its capital, and hopes it can find ways to take “full advantage” of the excess by the end of this year,…
Business
Soros Fund Management to shut Hong Kong office in rejig
SOROS Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative…
Business
Goldman promotes Singapore, Hong Kong and Japan bankers to partner
GOLDMAN Sachs promoted three Japanese nationals to its highest rank of executives, the most in more than a decade, after a revival in…
Business
Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before, with both lenders surpassing street consensus estimates in their third-quarter…
Business
Baidu readies AI smart glasses to rival Meta’s Ray-Bans
BAIDU is set to unveil a pair of glasses with a built-in artificial intelligence (AI) assistant, putting up a Chinese rival to the Meta…
News
Ravens All-Pro Safety Kyle Hamilton Exits Game With Scary Leg Injury
UPDATE: Hamilton has been ruled out with an ankle injury. Baltimore Ravens All-Pro safety Kyle Hamilton has exited the game in what…
Business
Sats unlikely to resume dividend payout ratio of 70-80%, but quantum will rise in tandem with profit
The group aims for over S$8 billion in revenue, return on equity of higher than 15%, and net profit margin of over 5% in FY2029 IN-FLIGHT…
Business
Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut…
Business
Attika Group makes trading debut at S$0.21, below IPO price
SHARES of Attika Group commenced trading on the Catalist board at S$0.21 on Friday (Nov 8), down 4.5 per cent from its initial public…
Business
FBI is investigating "offensive and racist" texts sent after the election
Share ✓ Link copied to clipboard! The FBI said Thursday that it is investigating a number of "offensive and racist" text messages sent to…
Business
‘I would do it differently, if I were to do it again’: Outgoing DBS CEO on bank’s tech capabilities
OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s…
Business
United Hampshire US Reit Q3 distributable income falls 14.6% to US$6 million
UNITED Hampshire US Reit’s distributable income for the third quarter ended Sep 30 declined 14.6 per cent to US$6 million, from US$7.1…
Business
Cryptocurrencies tainted by SEC suits surge after Trump victory
THE likely departure of US Securities and Exchange Commission (SEC) chair Gary Gensler following Donald Trump’s victory in the…