Market swings in India surge from historic low as budget nears
With the Nifty 50 down more than 3% this year, Indian shares have become some of the world’s worst performers Indian stocks are seeing a resurgence of volatility just weeks after…
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Fashion
ExxonMobil, Chevron clock best month since 2022 as crude surges
ES of US oil giants ExxonMobil and Chevron notched their largest monthly gains in more than three years, boosted by rising energy prices, geopolitical tensions and improving…
Mercedes seeks to regain China luxury lead with new S-Class
Germany’s automakers have already lost the battle in the Asian nation on mass-market EVs Mercedes-Benz Group unwrapped a refreshed S-Class, pitching its flagship sedan as a…
After EVs, smart driving tech to power China’s auto exports
China exported a record 7.1 million cars in 2025, buoyed by growing demand for new-energy vehicles (NEVs) as the global shift toward electrification gathered pace, allowing the country to…
Hong Kong port operator violated Panama’s constitution, failed to serve public interest, Panama court ruled
The Supreme Court of Panama said a contract held by a Hong Kong company to operate ports at the Panama Canal failed to “serve the public interest and social welfare”, in its…
Ex-Google engineer convicted of stealing AI trade secrets to benefit China
A former software engineer at Google has been convicted of stealing artificial intelligence trade secrets for the benefit of China, the U.S. Department of Justice said. A federal jury on…
Gold and silver plunge as wild swings rock metals markets
Gold suffered its biggest slide in four decades and silver posted a record intraday decline in a stark reversal of the rally that lifted prices to all-time highs. Gold fell more…
SpaceX generated about US$8 billion in profit last year ahead of IPO: sources
SpaceX generated about US$8 billion in profit on US$15 billion to US$16 billion of revenue last year, two sources familiar with the company’s results said, providing fresh insight…
Oil hovers near six-month high as investors track US-Iran tensions
Oil prices dipped a few cents per barrel on Friday (Jan 30), consolidating recent gains and holding near six-month highs, supported by nagging tensions between the US and Iran.…
European shares cap strong January with earnings-fuelled gains
With the European Central Bank staying put on monetary policy, greater focus is on the US Fed’s outlook on interest rates Europe’s main share index ended higher on Friday (Jan…
Coliwoo to acquire S$101 million Changi asset from ESR-Reit
The property’s location in Changi Business Park provides access to an established corporate tenant base Co-living operator Coliwoo has inked a deal to acquire a hotel property from…
Adidas plans 1-billion-euro share buyback after profits jump
Adidas reported stronger-than-expected fourth-quarter profits and announced a fresh share buyback, as it looks to maintain its momentum with retro sneakers – alongside new running…
AstraZeneca strikes deal for up to US$18.5 billion to license weight-loss drugs from China's CSPC
The deal builds on existing collaboration between the companies in areas such as artificial intelligence AstraZeneca will license experimental drugs for obesity and weight-related…
Hong Kong regulator ramps up warnings over poor IPO filings
Securities and Futures Commission flags that teams are unfamiliar with regulatory requirements and lack the experience to handle applications Hong Kong’s market regulator stepped…
ExxonMobil beats Wall Street targets for Q4 profit with help from lower-cost oil production
ExxonMobil beat Wall Street targets in fourth-quarter earnings reported on Friday (Jan 30), with lower-cost oil production in the Permian Basin and Guyana helping to boost the No…
Dream of owning a flying car? This California company is already selling them
A future with flying cars is no longer science fiction — all you need to order your own is about $200,000 and some hope and patience. The Palo Alto-based company Pivotal has been…
Gold tumbles below US$5,000, dragging other metals lower
Gold prices tumbled by more than 7 per cent to break below the US$5,000 mark on Friday (Jan 30) as the US dollar strengthened on the imminent appointment of a new US Federal…
CapitaLand Investment provides advisory services for The Clementi Mall, holds minority stake in asset
The tie-up aligns with its long-term strategy to grow fee income through a capital-efficient, partnership-led approach CapitaLand Investment (CLI) will provide real estate advisory…
Clas stays upbeat on US student housing despite 15% drop in segment’s H2 gross profit
Chief executive of Clas’ managers Serena Teo says they will take ‘drastic measures’ to boost occupancy and leasing rates in the next academic year The managers of CapitaLand Ascott Trust…
China plans 200 billion yuan capital injection into biggest insurers: sources
It would be the first time Beijing has used special bonds to inject capital into insurers China is mulling the sale of hundreds of billions of yuan in special government bonds to…
Chinese yuan’s longest weekly rally in more than a decade is set to extend into Chinese New Year
The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost demand for the currency ahead of the Chinese New…
Gold retreats as reports on Trump’s Fed nominee boost dollar
fell, following its first drop in nearly two weeks, as the US dollar strengthened after a report the Trump administration is preparing to nominate Kevin Warsh for Federal…
Japan’s Nintendo and Sony face memory price pressures
ENDO and Sony Group will face scrutiny over how soaring memory chip prices driven by AI demand have affected their game console profitability when they report earnings next…
Trump administration prepares for Warsh Fed chair nomination
The Trump administration is preparing for the president to nominate Kevin Warsh to be the next Federal Reserve chair, according to people familiar with the matter. President…