Culture
Japan pledges immediate rice relief for consumers to prevent shift to foreign brands
[ad_1] [TOKYO] Japan’s new agriculture minister pledged on Friday to quickly move rice from government stockpiles to store shelves where they would be offered at prices significantly lower than current...
Analysts bullish on BYD as it overtakes Tesla
[ad_1] [SINGAPORE] Analysts are getting bullish on BYD as the Chinese automaker’s soaring exports, rising global presence and cost competitiveness signal favourable tailwinds. In a May 16 research note, UOB Kay...
Lagarde says international trade will never be the same
[ad_1] Published Fri, May 23, 2025 · 10:40 AMEUROPEAN Central Bank President Christine Lagarde warned that international trade will be changed forever by the tensions over tariffs, even as the...
Metro sinks into the red with H2 net loss of S$228.1 million on lower revenue
[ad_1] [SINGAPORE] Metro sank into the red for its second half ended March, with a net loss of S$228.1 million, reversing from a S$6.4 million net profit in the previous...
Stocks to watch: Yangzijiang Shipbuilding, Metro
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 23).Yangzijiang Shipbuilding: The marine vessel manufacturer reported that its year-to-date order wins...
UBS raises S&P 500 year-end target, eyes more gains in 2026
[ad_1] Published Fri, May 23, 2025 · 07:14 AMUBS Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June...
Oil prices settle down on potential further increase in Opec+ output
[ad_1] [HOUSTON] Oil prices settled lower on Thursday as investors weighed a report that Opec+ is discussing a production increase for July, stoking concerns that global supply could outpace demand growth.Brent futures...
US: Stocks mixed as bond yields moderate
[ad_1] Published Fri, May 23, 2025 · 06:10 AM[NEW YORK] Wall Street stocks finished mixed on Thursday as US Treasury bond yields moderated following House passage of President Donald Trump’s mammoth tax...
Xiaomi billionaire touts new Chinese chip in tech showcase
[ad_1] [BEIJING] Xiaomi’s billionaire founder outlined plans Thursday (May 22) to outfit its top-end devices with advanced homegrown mobile processors, showcasing the company’s ambitions to expand its tech portfolio and...
BYD beats Tesla in Europe for first time with 169% sales surge
[ad_1] Published Thu, May 22, 2025 · 07:01 PM[FRANKFURT] BYD sold more electric vehicles in Europe than Tesla for the first time, overtaking the American brand that’s long led the...