Business
China bubble tea chain Mixue profits spike 40% in 2024
Chinese bubble tea and drinks firm, Mixue Group, which has surpassed McDonald’s and Starbucks in store count to become the world’s largest…
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Business
Business
US: Wall St opens mixed as investors assess tariff outlook
Wall Street’s main indexes were mixed on Wednesday (Mar 26), with investors exercising caution as they awaited economic data and more…
Business
Best, but not necessarily the biggest: Piyush Gupta on DBS’ transformation
Outgoing CEO talks about working across teams, being data-driven and having a purpose When DBS in 2015 set its sights on being recognised…
Business
C&A streamlining continues with France store closures announced
In a statement to Just Style, a C&A spokesperson said following a consultation project to “redefine its store portfolio”, the management…
Business
Vena Energy invests $200m in South Korea’s Yokji Offshore Wind Project
Green energy solutions provider Vena Energy has announced a Won292.89bn ($200m) investment in South Korea's renewable energy sector. This…
Business
UMS Integration, Grand Venture Technology get nods for secondary listing in Malaysia
The two semiconductor players want to list across the Causeway, where initial public offerings have been on the rise SINGAPORE-LISTED UMS…
Business
An Indispensable Voice for Truth
NR is stubbornly independent-minded and completely invested in the ideas that make this country great. Source link
Business
Singapore stocks rise on Wednesday; STI up 0.2%
Stocks on the Singapore bourse ended higher on Wednesday (Mar 26), tracking gains in the region and overnight on Wall Street. The…
Business
Pop Mart profit more than doubles driven by Labubu-doll craze
The resultant strong overseas sales have turned Pop Mart into one of the hottest stocks, with shares up 350 per cent in the past year Pop…
Business
Nissan's new CEO to slash its vehicle development time
Nissan plans to dramatically cut its car development time to boost its competitiveness, the struggling automaker’s incoming CEO Ivan…
Business
Defence contractor sold for 1 euro is one of Europe’s hottest stocks
A 1 euro bet on a struggling Austrian engine maker has turned into one of the hottest investments in Europe thanks to the boom in defence…
Business
Indonesia accelerates transfer of confiscated palm plantations to state company
The plantations being given to state firm Agrinas are part of an area of around one million hectares the task force has confiscated…
Business
BYD aims to double overseas sales to 800,000 in 2025: chairman
Chinese electric vehicle giant BYD aims to double its sales outside China to more than 800,000 cars in 2025 and will look to overcome…
Business
DBS leading race to buy controlling stake in Indonesia's Panin Bank
DBS Group, South-east Asia’s top bank by assets, is the frontrunner to buy a controlling stake in Indonesia’s Panin Bank, three people…
Business
ECB pushes back against calls for looser bank rules
The European Central Bank (ECB) has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US…
Business
India discontinues parts of gold deposit scheme amid rising prices
The Reserve Bank of India has amended its master directions on the scheme to account for the changes India has discontinued parts of a…
Business
ST Engineering and HTX form JV company with initial capital of S$10 million
The JV company, Codex Solutions, will focus on developing and maintaining in-house software capabilities for the Home Team ST…
Business
Alibaba teams up with BMW to develop AI for cars in China
The carmaker is building a new intelligent personal assistant with enhanced voice recognition and trip planning features Alibaba Group…
Business
Indonesian rupiah to hit record low on fiscal woes: analysts
Analysts see Indonesia’s rupiah declining to a record low in the short term as political and economic worries continue to grow in…
Business
Asia: Stocks rise on trade optimism, but US policy uncertainty lingers
Lingering hopes that Donald Trump’s planned tariff blitz next week will not be as painful as feared helped lift Asian markets Wednesday,…
Business
Trust Bank rolls out money lock anti-scam feature Trust Lock
Trust Bank announced the roll-out of its money lock feature, Trust Lock, for customers on Wednesday (Mar 26). This allows Trust customers…
Business
CATL gets China’s sign-off to proceed with Hong Kong share sale
Stock sales in the Chinese territory have raised more than US$15 billion so far this year, compared with US$18.6 billion in all of 2024…
Business
Digital Core Reit acquires 20% stake in Osaka data centre for 13.2 billion yen
The purchase is expected to be about 1.8% accretive to the Reit’s distribution per unit Digital Core Real Estate Investment Trust (Reit)…
Business
China floods the world with AI models after DeepSeek’s success
DeepSeek did more than just show the artificial intelligence (AI) industry that you do not have to spend billions to build AI. It fired up…