Business
Tesla grabs top spot in market where almost all new cars are EVs
Tesla accounted for more than a fifth of new car sales in Norway in August, with electric cars as a whole accounting for 97 per cent of…
Tag
market
Business
India RBI to meet bond market this week
India’s central bank will meet bond market participants, including banks and primary dealers, later this week for their suggestions on…
Business
Indonesia, Thai market outlooks buffeted by political risk
Intensifying protests in Indonesia and the latest leadership upheaval in Thailand are ratcheting up political risk in the two largest…
Business
Indonesia, Thailand market outlooks buffeted by political risk
Intensifying protests in Indonesia and the latest leadership upheaval in Thailand are ratcheting up political risk in the two largest…
Business
Lego Bets on Asia as sales hit record and market share climbs
After posting record half-year sales figures on Wednesday (Aug 27), Lego said it would sustain its momentum by doubling down on the market…
Business
China to expand carbon market to major industries by 2027
China will accelerate the expansion of its carbon market to incorporate major industries by 2027, according to guidelines issued by top…
Business
BYD seeks to shift mass market image with souped-up race track
The name BYD is mainly associated with mass market electric vehicles. A manufacturing behemoth that churns out more electric cars than…
Business
Bank of Japan’s Ueda expects tightening job market to push up wages
Bank of Japan (BOJ) governor Kazuo Ueda said that wage hikes are spreading beyond large firms and likely to keep accelerating due to a…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid increased market pressure
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Lifestyle
Changi Travel Services cuts 30 staff amid market shifts
Changi Travel Services (CTS) is laying off 30 staff as part of an ongoing restructuring process to tackle changing market conditions, it…
Business
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future…
Business
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth
From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the world’s most populous nation…
Business
India's Tata Motors returns to South African car market after six years
India’s Tata Motors returned to South Africa’s passenger vehicles market after a six-year absence, launching three ranges of SUVs and an…
Business
Foreign investment in Singapore real estate surges in Q2, but size of market may limit further gains
Foreign investment in Singapore property jumped in the second quarter of this year to US$2.3 billion, 572.5 per cent higher than the…
Business
Foreign investment in Singapore real estate surges in Q2, but small market may limit further gains
Foreign investment in Singapore property jumped in the second quarter of this year to US$2.3 billion, 572.5 per cent higher than the…
Business
Blackrock readies venture secondaries fund as market expands
The secondary market for private fund stakes has exploded in size alongside a boom in private markets generally BlackRock is preparing to…
Business
Former Yangzijiang Financial CEO Vincent Toe’s ICH Group seeks to give Singapore’s small and mid-cap IPO market a leg up
Vincent Toe, the former chief executive of Yangzijiang Financial, understands the challenges that companies with small-to-mid market…
Business
GuocoLand bucks overall market slide on Springleaf sales as shares rise 1.1%
The development is the seventh project to be launched in Upper Thomson’s District 26 Shares of GuocoLand rose by over 1.1 per cent in…
Business
China’s US$11 trillion stock market is a headache for both Xi and Trump
At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that…
Business
Shopee, Monee power Sea’s market value to over US$100 billion; DBS only other Singapore company in that league
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Shopee, Monee power Sea’s market cap to over US$100 billion; DBS only other Singapore company in that league
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Japan’s bond market risks back in focus ahead of five-year sale
Japan will auction five-year government bonds on Wednesday (Aug 13) against the backdrop of renewed concerns over poor liquidity and…
Business
China’s US$11 trillion stock market is staging a quiet resurgence
Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the…
Business
Oil prices dip as market awaits EIA report
Oil prices dipped on Tuesday as traders awaited an inventory report from the US Energy Information Administration and began looking toward…