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The spending cuts also reflect growing caution among global carmakers balancing investment between India, China and western markets Volkswagen is slashing costs of developing electric…
Gold prices were steady on Wednesday (Nov 19), as investors awaited minutes from the US Federal Reserve’s latest policy meeting and US jobs report that could shed more light on the central…
The central bank has spurned market expectations at half of its 10 policy meetings so far this year Bank Indonesia’s (BI) balancing act between stability and growth has lately led to more…
US PRESIDENT Donald Trump will meet the final shortlist of candidates for the next Federal Reserve chair after Thanksgiving and he could announce his pick before Christmas, US Treasury…
THE US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the sector, as she faces warnings that weakened supervision could destabilise the financial…
Ruling represents a setback for US antitrust enforcers who have pursued aggressive action against Big Tech companies A US judge dismissed the federal government’s antitrust lawsuit against…
The massive investment comes a month after Nvidia announced it will pump as much as US$100 billion into OpenAI NVIDIA and Microsoft announced on Tuesday investments totaling US$15 billion…
Roblox, a popular gaming platform that’s faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify their age if they want to chat with other players.…
Alphabet’s Google on Tuesday (Nov 18) launched the latest version of its artificial intelligence model Gemini, emphasising that the new capabilities will be immediately available in…
Wall Street’s main indexes fell at the open on Tuesday (Nov 18), as concerns over lofty equity valuations and dimming chances of an interest rate cut from the Federal Reserve weighed on…
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative Toyota Motor detailed plans to invest US$912 million to…
Amazon-owned Zoox is offering free rides on its San Francisco fleet of boxy, driverless taxis. The company said Tuesday it is providing the rides to people who download the Zoox app and…
Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions linked to Chinese-owned Nexperia continues to affect…
Elon Musk’s X was down for thousands of users in the US on Tuesday (Nov 18), according to outage tracking website Downdetector.com. There were more than 11,500 reports of issues with the…
Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan China’s Xiaomi reported a 80.9 per cent jump in third-quarter profit on…
Under the merger, AkzoNobel shareholders will receive a US$2.5 billion dividend payout Dulux paintmaker AkzoNobel said on Tuesday (Nov 18) that it plans to merge with paintmaker Axalta…
Malaysia’s IOI Properties Group is exploring two real estate investment trust listings in Malaysia and Singapore, with a combined asset value of up to US$8 billion, two sources with…
Malaysia’s IOI Properties Group is exploring two real estate investment trust (Reit) listings in Malaysia and Singapore, with a combined asset value of up to US$8 billion, two sources with…
The former chief executive and director of KTL Global (KTLG), Tan Kheng Yeow, has been convicted of criminal breach of trust (CBT) involving almost S$1 million, said the Singapore Police…
Malaysia logs the highest number of new listings, with 48 issues raising US$1.1 billion in 2025 so far Singapore has emerged as South-east Asia’s biggest initial public offering (IPO)…
Stocks sold off and Bitcoin hit a seven-month low as investors pulled back from riskier corners of the market before a high-stakes week featuring Nvidia’s earnings and a pivotal US jobs…
Asian borrowers remain highly price-sensitive, often opting for bank loans that are typically 200 basis points to 400 basis points cheaper than private debt KKR is aiming to close its…
Asian stocks sank on Tuesday, tracking more losses on Wall Street as investors grow increasingly worried about frothy tech valuations, with focus turned to earnings this week from AI chip…
Bank of Japan Governor Kazuo Ueda will hold his first bilateral meeting with new Prime Minister Sanae Takaichi on Tuesday, a closely watched event that may provide hints on how soon the…
