Business
Tata Group loses US$73 billion in market value as risks grow
India’s Tata Group has lost about US$73 billion in market value this year, with a significant chunk of the erosion coming in recent weeks…
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market
Business
Bosch to cut 13,000 jobs to bring down costs in tough autos market
Germany’s Robert Bosch will cut 13,000 jobs as the world’s top autos supplier battles a sluggish market, high costs and pressure from…
Business
China central bank unveils steps to boost yuan bond market in Hong Kong
China’s central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global…
Business
MAS’ S$5 billion injection is strategic, sustainable solution to perk up equities market, say fund managers
Equity Market Development Programme is designed as a durable one, and will adapt as market conditions evolve, they add The Monetary…
Business
China’s new market tool steers clean energy to where it’s needed
Wind developers will also get about 40 per cent more for their electricity than their solar rivals Two of China’s industrial powerhouses…
Business
HK, Abu Dhabi bourse operators seek to deepen capital market ties
The agreement underscores increasing financial ties between the Asian financial hub and the Middle East Hong Kong Exchanges and Clearing…
Business
DBS, Franklin Templeton, Ripple team up on tokenised money market fund trading
Singapore’s biggest lender says that it will list Franklin Templeton’s sgBENJI token DBS Group has partnered with US asset manager…
Business
China banks amped up 72 trillion yuan bond bet just as market peaked
It comes at a risky time as the nation’s bond market is about to wipe out this year’s advance Just as China’s long bull run for bonds is…
Business
Vietnam's Sugar Sector Battles Smuggling and Market Challenges
Vietnam's sugar sector is under increasing strain from a flood of undocumented, low-cost sugar flooding the market, threatening native…
Business
Great Eastern up 2.7%, hits highest price since trading resumption during market hours
Its shares were suspended in July 2024 after its free float fell under 10% following a failed takeover bid by its parent OCBC Great…
Business
Hong Kong equity deals boom as Chinese firms rush to market
The city’s benchmark Hang Seng Index is up more than 30% this year, despite a plunge in April that wiped out most of its earlier gains…
Business
Alphabet hits US$3 trillion in market capitalisation for first time
Class A shares of the company were up 4.6% at US$251.88, while Class C shares climbed 4.5% to US$252.3 Google-parent Alphabet hit a market…
Business
Alphabet enters US$3 trillion market cap club as Big Tech’s AI momentum builds
Technology and AI-linked stocks have powered Wall Street’s main indexes to record highs lately amid growing hopes that the US Federal…
Business
Emerging market investor inflows are a 2026 story, BOA says
Emerging markets are likely to receive heavier inflows early next year as more evidence on the resilience of these economies fuels a…
Business
China’s US$4.5 trillion flows mark tipping point in market opening
A world-beating stock market rally has led the recent surge in two-way financial flows, which surged to an unprecedented US$4.5 trillion…
Business
Tapestry’s Opens a Much Wider Lens on the Handbag Market, Targets $10B for Coach
Joanne Crevoiserat might have had to turn to Plan B for Tapestry Inc. after the $8.5 billion acquisition of Capri Holdings fell through —…
Business
Vietnam's Garment and Footwear Firms Boost Domestic Market Presence
Vietnam's textile, apparel, and footwear companies are increasingly looking to the domestic market as a safety net and a strategic growth…
Business
Tesla market share in US drops to lowest since 2017 as competition heats up
The falling share reveals the company’s increasingly difficult choice of supporting sales using higher, profit-destroying incentives for…
Business
China can’t be counted on to absorb global crude surplus as Opec+ bumps up production: market watchers
Crude could trade at below US$60 a barrel by end-2025 as the world’s largest oil importer slows down stockpiling The crude oil market is…
Business
Mercedes keeps ‘value over volume’ approach in tough Chinese market
German luxury automaker Mercedes-Benz is sticking with its premium strategy in its main market China, where a brutal pricing war has cost…
Business
Opec+ agrees further oil output boost from October to regain market share
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share,…
Business
US Fed rate-cut expectations climb following weak job market report
Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and…
Business
OpenAI Steps Into Jobs Market With AI Hiring Platform, Training Programs, and Chip Ambitions
OpenAI will build an AI-powered platform that will help you get a job. The move pits OpenAI directly in competition with LinkedIn, the…
Business
China bonds see renewed selloff after stock market rebound
Chinese government bonds declined in Friday (Sep 5) afternoon trading as an equity rebound extended and higher yields at a longer-dated…