Culture

China tightens EV export rules with permits required from 2026
[ad_1] The move aims to promote the “healthy development” of the country’s EV industry[BEIJING] Automakers will need permits to export electric vehicles from China starting next year, adding to signs...
Singtel’s Optus headwinds could trigger near-term risks, warn analysts
[ad_1] Maybank Securities expects Singapore telco’s stock to remain range-bound, despite potential setbacks[SINGAPORE] A string of crises encountered by Singtel’s Australian unit Optus could derail planned price hikes and increase...
Shares of Asian drugmakers drop after Trump threatens tariffs
[ad_1] [SEOUL] Shares of Asian drugmakers mostly fell on Friday after US President Donald Trump threatened 100 per cent tariffs on imports of branded pharmaceuticals from Oct 1, unless their...
Wilmar closes 1.4% down on corruption verdict; RHB downgrades stock to ‘sell’
[ad_1] The company’s earnings will be dented by the forfeiture of a security deposit seized by the authorities in relation to the case [SINGAPORE] Shares of Wilmar International fell on...
Wilmar drops close to 4% on guilty verdict from Indonesia Supreme Court
[ad_1] The company allegedly engaged in bribery to obtain palm oil export permits in 2022 [SINGAPORE] Shares of Wilmar International fell on Friday (Sep 26) after the global palm oil...
Foxconn workers faced tough conditions in rush to make iPhone 17: labour group
[ad_1] CHINESE factory workers suffered difficult conditions while racing to get Apple Inc.’s new iPhone 17 lineup ready, according to a report from China Labor Watch.Staff at the Zhengzhou facility of Foxconn Technology Group, Apple’s...
Sheng Siong HQ, warehouse will move to Sungei Kadut for long-term growth
[ad_1] [SINGAPORE] Supermarket operator Sheng Siong will move its headquarters, warehouse and distribution centre to a new site in Sungei Kadut to support its expansion plans. On Thursday (Sep 25),...
Stocks to watch: SingPost, CapitaLand Integrated Commercial Trust, Wilmar, Sheng Siong
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 26): Singapore Post (SingPost) : The postal service provider on Thursday said...
Meta in talks to use Google’s Gemini to improve ad business, The Information reports
[ad_1] META staffers have had discussions with Alphabet’s Google Cloud about the possibility of using its Gemini models to improve the Facebook parent’s ad business, The Information reported on Thursday.The...
Trump declares TikTok deal meets requirements to avoid US ban
[ad_1] [WASHINGTON] President Donald Trump on Thursday signed an executive order declaring that an announced deal on a US version of TikTok would meet the requirements of a law that...
Trump signs order declaring TikTok sale ready and values it at US$14 billion
[ad_1] Chinese media paint a different picture of the deal, suggesting ByteDance would continue to play a major or operational role[WASHINGTON] President Donald Trump signed an executive order on Thursday...
Bosch to cut 13,000 jobs to bring down costs in tough autos market
[ad_1] [BERLIN] Germany’s Robert Bosch will cut 13,000 jobs as the world’s top autos supplier battles a sluggish market, high costs and pressure from rivals that have left it with...