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…
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Business
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…
Business
Stocks to watch: FCT, Digital Core Reit, Nanofilm Technologies
The following companies saw new developments that may affect trading of its securities on Wednesday (Mar 26). Frasers Centrepoint Trust…
Business
Top China phonemaker wants 70% of sales from overseas by 2027
China’s No 1 smartphone maker Vivo wants to increase sales from overseas markets such as South-east Asia to as much as 70 per cent of…
Business
How to Resolve Co-Founder Conflict & Avoid Startup Failure
Unfortunately, startup failures are all too common. Entrepreneurs who want to enter the startup market face multiple hardships, such as…
Business
Trump’s World Liberty Financial crypto venture to launch stablecoin
Donald Trump’s World Liberty Financial crypto venture will launch a US dollar-pegged stablecoin, it said in a statement on Tuesday, after…
Business
Trump’s Crypto Venture Introduces a Stablecoin
World Liberty Financial, the cryptocurrency company started by Donald J. Trump and his sons, announced on Tuesday that it was planning to…
Business
Average growth of 8% a year in last decade by Singapore’s general insurance sector
The Republic’s general insurance sector has grown at an average annual rate of around 8 per cent in the last decade, reflecting its…
Business
US: Wall St opens slightly higher after Trump-led rally
Wall Street’s main indexes edged up on Tuesday (Mar 25) as investors assessed implications of impending reciprocal tariffs on the heels of…
Business
Haidilao operator Super Hi back in the red with US$11.6 million loss in Q4
SUPER Hi International, the operator of Haidilao’s international business, recorded a net loss of US$11.6 million for the fourth quarter…
Business
OUE partners Tokyo Century to develop new hotel at Changi Airport’s T2
Property developer OUE has formed a joint venture (JV) with Japanese non-banking financial services company Tokyo Century to develop the…
Business
'When you walk into a Cold Storage, you must feel like you’re (boarding) Singapore Airlines': New owner Andrew Lim
As the acquirer reaps economies of scale from larger import volumes, consumers can expect lower prices and a wider range of products in…