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VOLKSWAGEN’S (VW) CEO and labour boss clashed during a staff meeting on Wednesday (Dec 4), with management pushing for major cuts while workers warned of more strikes if plant closures…
NXP Semiconductors and a Taiwan Semiconductor Manufacturing Co (TSMC) affiliate are discussing an expansion of their US$7.8 billion Singapore venture, recognising a need to diversify chip…
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13 (S$2.24)-a-share binding offer for the logistics real estate firm, people familiar with the matter said, a…
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13-a-share binding offer for the logistics real estate firm, people familiar with the matter said, a move that…
SINGAPORE investors think technological advances will be the most significant driver of change for the businesses they invest in – ahead of factors such as government regulation,…
It is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five years SINGAPORE and Hong Kong will continue to make up half of…
IN VIETNAM’S heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes. Trung, 19, is…
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for further insights into the US interest rate cut…
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper traders, according to sources familiar with the matter.…
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper traders, according to sources familiar with the matter.…
NETFLIX’S subscribers passed 10 million in Japan in the first half of this year with the streaming firm’s Japanese-language programming grabbing attention in the growing market. The…
RAKUTEN Group started marketing its third US dollar bond of the year, seeking to take advantage of strong investor appetite for junk rated debt that drove US spreads to their lowest since…
AS LARRY Fink drives BlackRock deeper into private markets, he keeps adding new billionaires to the asset-management giant’s roster – and making them all richer than he is in the process.…
SOUTH Korean shares continued to fall by the close on Wednesday (Dec 4),after the country’s President Yoon Suk Yeol declared martial law overnight. Yoon then lifted the decree within…
AN E COLI outbreak that ensnared McDonald’s is over, the US Centers for Disease Control and Prevention (CDC) said on Tuesday (Dec 3). Fresh, slivered onions at McDonald’s were the likely…
My first meeting with Aescape, the AI-powered massage robot, was benign enough — if a bit eerie. As if HAL had gotten a job in the Valley. I stepped into the austere spa room at Pause, a…
META said on Tuesday (Dec 3) it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to…
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise…
WALL Street opened a touch lower on Tuesday (Dec 3) after the S&P 500 and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week…
Danish brewer Carlsberg announced on Tuesday (Dec 3) an agreement to sell its shares in its Russian unit, a day after President Vladimir Putin signed a decree ending state control of the…
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol stations under the Esso brand in Singapore – is…
Last month, President-elect Donald Trump entered a sold-out Madison Square Garden to attend the mixed martial arts extravaganza UFC 309. Kid Rock’s “American Bad Ass” played and the crowd…
Indonesia is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday (Dec 3), following the ban on iPhone 16 sales for…
STANDARD Chartered will target US$200 billion in new assets and double digit growth in income from its wealth business over the next five years, it said on Tuesday (Dec 3), as part of a…
