Business
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su The US dollar has lost…
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Stocks tumble as stretched valuation fears grip markets
The warnings come as a surge in enthusiasm for generative AI has swept across stock markets worldwide this year, drawing comparisons to…
Business
Asia: Stocks tumble as stretched valuation fears grip markets
Asian stocks dived on Wednesday (Nov 5) and market volatility surged to levels not seen since April after an overnight tech-led sell-off…
Business
17 exotic cars, US$500,000 private chef: First Brands’ Malaysian-born founder accused of looting US$700 million
Liquidators accuse Patrick James of raising funds with non-existent or doctored invoices At first, the sales invoice said US$179.84.…
Fashion
Ultra-fast fashion and ‘childlike’ sex dolls: Why Shein isn’t winning friends in France
In the spiritual home of fashion, the newest kid on the block is most definitely not welcome. Chinese-founded e-commerce giant Shein is…
Business
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon Some 20 kilometres out from the…
Business
Lendlease Reit acquires remaining 70% of PLQ Mall for S$246.8 million
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Business
Lendlease Reit acquires 70% of PLQ Mall
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Business
Gold edges up on bargain-hunting as market awaits US jobs data
Bullion hit a record high of US$4,381.21 on Oct 20, but has fallen close to 10% since then. Gold prices edged higher on Wednesday (Nov 5)…
Business
Indonesian bonds hit by foreign fund outflows on policy woes
Foreign investors sold Indonesian government bonds again last month, underscoring concerns over the government’s plans to increase…
Business
Yangzijiang Shipbuilding tumbles 5% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
Business
Yangzijiang Shipbuilding falls 2.9% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
News
UPS cargo plane crashes in Kentucky, leaving at least 3 killed, 11 injured
UPS said on Tuesday one of its wide-body cargo planes with three crew members on board crashed in Louisville, Kentucky, and video from…
Business
Stocks to watch: SIA Engineering, Parkway Life Reit, Lendlease Reit, Aims Apac Reit, Manulife US Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 5): SIA Engineering: The…
Business
‘All the signs are positive’: Manulife US Reit manager sees improved outlook on US office recovery
Some 81,000 sq ft of leases have been executed in the quarter, making up 2.3% of the portfolio’s net lettable area The manager of Manulife…
Business
Tesla’s UK car sales halve in October, New Automotive data shows
TESLA’S UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep…
Business
Aims Apac Reit’s H1 DPU rises 1.1% to S$0.0472
Aims Apac Reit’s distribution per unit (DPU) for the first half of FY2026 was recorded on Wednesday (Nov 5) at S$0.0472, up 1.1 per cent…
Business
Parkway Life Reit Q3 DPU up 2.3% at S$0.1156
Parkway Life Reit has raised its third-quarter distribution per unit (DPU) by 2.3 per cent to S$0.1156 from S$0.113 in the previous…
Business
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food…
Business
Bitcoin falls below US$100,000 as risk-off mood weighs on crypto
Bitcoin has wiped out its summer rally, giving back gains made during Wall Street’s euphoric embrace and a surge in institutional buying.…
Business
Seizing opportunities in Asean
Chinese companies eyeing expansion in the region will need to have deep local understanding, adaptable strategies and trusted financial…
Business
Singapore does not seek for Singdollar to be reserve currency: MAS’ Chia Der Jiun
The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar to become a reserve currency, said its managing director…
Business
Singapore not aiming for Singdollar to be reserve currency: MAS’ Chia Der Jiun
It has safe‑haven appeal and other attributes of a reserve currency, but lacks scale, analysts say The Monetary Authority of Singapore…
Business
AMD’s outlook fails to wow investors after AI-fuelled rally
Investors have bet heavily on the company following blockbuster agreements with OpenAI and Oracle Advanced Micro Devices (AMD), the main…