Business
CapitaLand Commercial C-Reit receives approval to list on Shanghai Stock Exchange
The listing is expected by Q4 and will raise about 2.1 billion yuan through the issuance of 400 million units CapitaLand Commercial C-Reit…
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Business
Business
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Business
Germany's Rheinmetall unveils new plant for artillery ammunition
Rheinmetall, Germany's largest arms manufacturer, inaugurated a new plant for artillery ammunition on Wednesday, as it aims to consolidate…
Business
US: Wall St opens muted in countdown to Nvidia earnings
Wall Street’s main indexes opened flat on Wednesday (Aug 27) as investors awaited AI leader Nvidia’s results, which are expected to test…
Business
ChatGPT maker touts how AI benefits Californians amid safety concerns
OpenAI, the maker of popular chatbot ChatGPT, outlined how artificial intelligence is creating jobs and making Californians more…
Business
Hyundai Indonesia: a k-drama storyline on wheels
Hyundai’s journey in the Indonesian market resembles a K-Drama script, rich with elements that have made these narratives from the…
Business
Microsoft, Rolls-Royce Power Systems push treated vegetable oils to green Singapore’s data centres
Microsoft and Rolls-Royce Power Systems are pushing for the adoption of hydrotreated vegetable oil (HVO) as a sustainable backup fuel for…
Business
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the US…
Business
BYD begins exporting EVs to Europe from Thailand
Chinese new energy vehicle (NEV) manufacturer BYD Auto announced that it has begun exporting battery electric vehicles (BEVs) from…
Business
China’s Ping An Insurance eyes more investment in high-yield, high-tech stocks, CEO says
China’s Ping An Insurance plans to further invest in shares to boost its portfolio return while staying cautious about Chinese economic…
Business
Sias chastises Singapore Paincare over shareholder pressure in privatisation offer
The Securities Investors Association (Singapore), or Sias, is cautioning shareholders of Singapore Paincare to decide on its proposed…
Business
Stocks to watch: Prudential, OCBC, Keppel, Seatrium, SingPost, CICT, Wing Tai
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 27): Prudential: Its new…
Business
Australian grocer Woolworths posts 19% drop in annual profit
RALIA’S Woolworths Group reported a 19 per cent drop in its full-year underlying profit on Wednesday, as lower spending by customers…
Business
Brazil judge ‘suspends move to halt soy moratorium’
A judge in Brazil has reportedly issued an injunction suspending a move by the country’s competition watchdog to halt the Amazon Soy…
Business
Blink Charging Partners With Nexxtlab To Boost Smart Energy Management For EV Fleets In Europe
Blink Charging Co. (NASDAQ:BLNK) has joined forces with Luxembourg-based energy management firm Nexxtlab to roll out tools designed to…
Business
US: Wall St opens subdued after Trump's latest attack on Fed
Wall Street’s main indexes opened slightly lower on Tuesday (Aug 26), pressured by a rise in longer-dated Treasury bond yields after US…
Business
London Stock Exchange wins first approval for private share platform
The London Stock Exchange has become the first company to win regulatory approval to operate a new platform allowing investors to trade…
Business
AT&T to buy wireless spectrum licences from EchoStar for US$23 billion
AT&T said on Tuesday (Aug 26) it will purchase key wireless spectrum licences from EchoStar for about US$23 billion, as the US telecom…
Business
When the Man Tried to Sell Minimalism to the Counterculture
“The Man can’t bust our music,” an advertisement in the underground newspaper Berkeley Barb proclaimed, in November, 1968. The…
Business
Escalated Trump-Fed tensions jolt markets; STI down 0.3%
The local bourse closed lower on Tuesday (Aug 26) amid a regional sell-off triggered by US President Donald Trump’s unprecedented…
Business
Danantara seeking 50 trillion rupiah in bonds from ‘patriot’ investors
Indonesia’s sovereign wealth fund has reported US$1 trillion in assets under management, and oversees nearly 900 state firms Indonesia’s…
Business
BYD ships first made-in-Thailand EVs to Europe
Just over a year after Chinese auto giant BYD invested nearly half a billion dollars in a new plant in Thailand’s Rayong province, the…
Business
Musk's xAI sues Apple and OpenAI, escalating billionaire's tech feud
Elon Musk on Monday ramped up his legal feud with OpenAI as his companies filed a new lawsuit against OpenAI and Apple accusing both of…
Business
Intel warns US stake could hurt international sales, future grants
Intel said on Monday (Aug 25) that the US government’s 9.9 per cent stake in the chipmaker could pose risks to its business, from…