Business
New partnership to develop autonomous tech for construction equipment
Japan-based deep-tech startup TIER IV, as well as Komatsu and Earthbrain have partnered to develop technologies for automating…
Section
Business
Business
STI falls on Thursday, down 0.3%
Decliners outnumber advancers 322 to 233 across the broader market with 2.4 billion shares worth S$1.4 billion changing hands The Straits…
Business
DESPAR Italia launches seven new stores
DESPAR Italia has expanded its footprint in the country with the launch of seven new stores. The new stores cover both the DESPAR and…
Business
Sunway Group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway Group for…
Business
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were…
Business
GM is in talks to extend China venture with demand recovering
Foreign automakers have scaled back in the Asian nation as domestic players have taken greater control of the market General Motors (GM)…
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
Another Malaysian unit of mm2 Asia receives RM1.5 million payment demand
MM2 Star Screen is also asked to pay 5% interest on the amount owed, along with the legal costs of film distributor Antenna Entertainments…
Business
US: Wall St opens flat ahead of Fed's policy decision
Wall Street’s main indexes opened subdued on Wednesday (Sep 17) ahead of a widely anticipated interest-rate cut from the Federal Reserve…
Business
Manchester United posts sixth year of net loss, forecasts revenue dip
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the…
Business
STI continues to slide on Wednesday, down 0.3%
Across the broader market, decliners outnumber advancers 286 to 285 after 2.3 billion shares worth S$1.4 billion change hands The Straits…
Business
Map shows only 14 states where homeowners have not lost equity
U.S. homeowners have lost $9,200 in home equity over the past year, according to a new report, as the overheated housing market slowed to…
Business
‘Gone to waste’: Kashmir growers watch apples rot as key highway is blocked
Srinagar, Indian-administered Kashmir – A distraught Javid Ahmad Bhat fears he may lose the entire year’s earnings from the apples he…
Business
Indonesia central bank delivers surprise rate cut to boost growth
Indonesia’s central bank delivered another surprise interest rate cut on Wednesday (Sep 17), its sixth cut since it kicked off an easing…
Business
OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now
The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of…
Business
Year-old images of Huthi Red Sea strikes resurface after attack on Israeli-owned vessel
After Yemen's Huthi rebels claimed to have struck an Israeli-owned tanker in the Red Sea, images of burning vessels were shared in social…
Business
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund…
Business
Asia: Stocks swing as traders bide time ahead of US rate decision
ASIAN stock markets were mixed on Wednesday as investors bided their time ahead of an expected US interest rate cut later in the day.…
Business
Investment opportunities rise in Saudi hotels
Saudi Arabia’s tourism sector has recorded notable growth, particularly in its hotel industry, as government initiatives and…
Business
Binance nears deal to escape compliance monitor imposed by DOJ
The Justice Department has not made a final decision on the monitorship, which has a three-year duration Binance Holdings, the world’s…
Business
ICE’s Newest Facility Is a Disaster—and They’re Expanding It
An Immigration and Customs Enforcement report revealed that officials at Camp East Montana, the new detention facility at Fort Bliss, have…
Business
US: Wall Street opens higher on rate cut expectations
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve…
Business
Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock…
Business
Australian pension funds to expand use of forex hedging as size grows
Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the…