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CAPITALAND Ascott Trust (Clas) has sold a rental housing asset in Japan to Goldman Sachs for 12.7 billion yen (S$110 million). Real estate intelligence firm Mingtiandi on Friday (Nov 22)…
THE Federal Aviation Administration (FAA) plans to convene a review board in the coming weeks to consider safety concerns about engines on Boeing 737 MAX airplanes after two bird strike…
NISSAN Motor will cut or transfer about 1,000 jobs in Thailand as it shrinks production in South-east Asia, part of its recently announced global workforce reduction plan, two sources…
AIRASIA hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places such as Bangkok and Kuala Lumpur as the discount carrier looks to move on from its…
GOLD prices were steady on Friday (Nov 22) but still poised for a weekly gain, driven by safe-haven demand due to escalating geopolitical concerns, while market awaited clearer signals on…
CHINA’S richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped out tens of…
UBER Technologies plans to invest in Pony AI’s US initial public offering (IPO), which is expected to be priced next week after being upsized by the autonomous driving firm, sources…
HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual growth since 2020, according to a report released…
COINBASE Global is ramping up its efforts in the digital-payments space, with ambitions to make additional acquisitions and generate more revenue from the business line. The biggest US…
CHARLES Schwab’s incoming chief executive officer, Rick Wurster, said the firm is looking to offer spot cryptocurrency trading once US regulations make doing so easier – something that’s…
Google and federal officials are battling it out over a proposal that the tech giant be forced to sell its popular Chrome web browser to restore competition to the online search market.…
SEMICONDUCTOR Manufacturing International Corporation’s (SMIC) stock has more than doubled over the past two months on an expected boost from China’s self-reliance push, even amid risks…
US BANKS including Goldman Sachs, Morgan Stanley and Bank of America (BOA) are asking investors to disclose whether they plan to use additional debt to invest in significant risk transfers…
Wall Street’s main stock indexes opened higher on Thursday (Nov 21) after data reflected a robust labour market, and AI-heavyweight Nvidia advanced after reporting upbeat quarterly results…
THE Jumeirah hotel in London’s Knightsbridge has rooms at more than £6,000 (S$10,185) a night, with marble bathrooms, private dining rooms and panoramic views. It showcases some of the…
THAI Beverage (ThaiBev) posted a net profit of 27.2 billion baht (S$1.1 billion) for its full year ended Sep 30, a marginal 1 per cent drop from 27.4 billion baht a year ago. The beverage…
CHINA’S PDD Holdings reported a 44 per cent rise in third-quarter revenue on Thursday (Nov 21), but still fell short of market estimates. Revenue reached 99.35 billion yuan (S$18.4…
ALIBABA Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing on Thursday…
Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company said in a stock…
SINGAPORE shares closed slightly lower on Thursday (Nov 21) as regional indices ended in the red, with the imminent threat of US trade tariffs under Donald Trump’s presidency elevating…
CHINA’S Baidu on Thursday (Nov 21) said it had not yet seen any notable improvement in advertising spending patterns or consumer spending despite recent government stimulus efforts, as it…
CHINA’S online brokerage Futu Holdings is reducing its headcount by about 5 per cent as it reassesses the firm’s strategy to expand globally. Responding to social media posts over large…
SK SQUARE, the holding company of SK Hynix, a maker of artificial intelligence chips, on Thursday (Nov 21) announced a plan to buy back shares and nominate an independent director as part…
SHARES of Adani Group companies lost about US$22 billion in market value in early trade on Thursday (Nov 21) after US prosecutors charged the billionaire chairman of the Indian…
