Business
Musk urges Tesla employees to hold stock despite 50% drop in 3 months
Elon Musk sought to reassure Tesla employees during what he referred to “a little bit of stormy weather,” after the carmaker’s shares…
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Business
Business
Singapore shares end Friday in the red as trade war fears escalate; STI down 0.1%
Stocks on the Singapore bourse ended their four-day winning streak to finish slightly lower on Friday (Mar 21), amid Asian indices closing…
Business
OpenAI takes its pitch to Hollywood creatives after launching controversial video tool
Just months after OpenAI launched its controversial text-to-video artificial intelligence tool Sora for the general paying public, the…
Business
The Tesla Secret That Exposes Elon Musk’s Whole Game
Musk loves to sneer at working-class people who rely on food stamps or unemployment benefits, claiming they’re lazy or entitled. But…
Business
Hong Kong investment arm backs Chinese RISC-V start-up StarFive in tech push
Shanghai-based semiconductor start-up StarFive aims to boost adoption of its chips with the financial backing of the Hong Kong government,…
Business
Meituan’s revenue jumps 20% in a boost for global expansion
Meituan’s quarterly revenue climbed 20 per cent, suggesting the Chinese meal delivery leader is successfully fending off new domestic…
Business
Lapham’s Quarterly to Be Acquired by Bard College
When Lewis Lapham died last year, it appeared that his magazine might go with him. Lapham’s Quarterly, a beloved journal of history and…
Business
Malaysia Airlines parent to buy 30 Boeing 737 MAX jets
Malaysia Aviation Group, the parent company of Malaysia Airlines, said on Friday (Mar 21) it will purchase 30 new Boeing 737 aircraft for…
Business
Role of Indonesia central bank must be strengthened to support growth ambitions, top lawmaker says
Indonesia’s economic growth has hovered at around 5 per cent in the past few years The role of the Indonesia’s central bank must be…
Business
Zara opens flagship store in China’s Nanjing with cafe and content creation studio
The Spanish company has put in place more digital integration and spaces designed to encourage shoppers to spend more time in-store…
Business
Tesla recalls most Cybertrucks due to trim detaching from vehicle
Tesla is recalling nearly all Cybertrucks in the United States to fix an exterior panel that could detach while driving, the company said…
Business
ESR Group warns of FY2024 loss on marked-to-market losses
Hong Kong-listed real asset manager ESR Group, the sponsor of Singapore Exchange-listed ESR Real Estate Investment Trust (ESR-Reit),…
Business
ESR Group warns of plunge into US$730 million loss on asset and project revaluations
Hong Kong-listed real asset manager ESR Group, the sponsor of Singapore Exchange-listed ESR Real Estate Investment Trust (ESR-Reit),…
Business
China’s restaurants race to the bottom in deflation-hit economy
In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial hobs…
Business
Tesla trade-ins on pace for record high amid Musk backlash
Motorists have traded in a record number of Tesla electric vehicles (EVs) this month, Edmunds data showed, amid a wave of protests against…
Business
Asia: Markets skid into weekend as trade fears cast a pall
Asian markets limped into the weekend on Friday following a tepid lead from Wall Street as the optimism stoked by a dovish US Federal…
Business
Jollibee’s cafe-buying spree brews a showdown with startups
JFC has long served brewed coffee in Jollibee and its other fast-food outlets, but it had no dedicated coffee brand until it began…
Business
Capital World says transactions linked to former subsidiary under probe
Property company Capital World said the Malaysian Anti-Corruption Commission (MACC) is investigating certain transactions made between…
Business
Thailand may yet embark on region’s most aggressive rate cuts
[BANGKOK, JAKARTA] The Bank of Thailand (BOT), which has long resisted interest-rate cuts despite immense political pressure, may end up…
Business
Stocks to watch: Prudential, Top Glove, ValueMax, Fu Yu, BlackGold Natural Resources
The following companies saw new developments that might affect trading of its securities on Friday (Mar 21). Source link
Business
Fu Yu’s largest shareholder makes new request to table motion to oust directors at AGM
Fu Yu Corporation said on Thursday (Mar 20) that it had received a new request from its largest shareholder Victor Lim to table…
Business
Geely’s profit triples, beating estimates, on strong sales
Geely Automobile Holdings’ full-year profit more than tripled, beating analyst estimates, after the carmaker increased sales volumes and…
Business
Temu-owner PDD’s revenue misses estimates as expansions slow
PDD Holdings’ revenue grew at a slower-than-expected pace of 24 per cent after intensifying domestic competition and US tariffs crimped…
Business
Argentina unions to strike against Milei on April 10
BUENOS AIRES (Reuters) - Argentina's largest umbrella union, the powerful General Confederation of Labor (CGT), announced on Thursday it…