SINGAPORE – Local stocks underperformed on Feb 14, even as most regional markets tracked Wall Street…
Category: BUSINESS
China’s Bubble Tea Boom Brews Another Billionaire
HONG KONG – The ever-growing demand for bubble tea in China has propelled another entrepreneur into…
Bank of England Cuts Interest Rates to 19-Month Low Amid Growth Concerns
LONDON – The Bank of England (BOE) has made a unanimous decision to cut interest rates…
GIC Announces Leadership Changes as Key Executives Retire
SINGAPORE – Singapore’s sovereign wealth fund, GIC, has announced key leadership changes set to take effect…
HSBC Restructures Investment Banking, Focuses on Asia and Middle East
HONG KONG – HSBC Holdings has announced a significant restructuring of its investment banking operations, withdrawing…
Chinese Start-Up DeepSeek Sparks Global AI Race with Cost-Effective Model
Chinese tech start-up DeepSeek has made headlines as its AI assistant soared to the top of…
Honda and Nissan in Talks to Merge by 2026 Amid Growing Competition from Chinese EV Makers
TOKYO – Honda and Nissan are in discussions to merge by 2026, marking a historic shift…
Singapore Launches 30-Year Green Bond to Raise Up to $2.5 Billion
SINGAPORE – The Singapore government has launched a 30-year green bond aiming to raise up to…
Tupperware Faces Uncertainty Amidst Slumping Demand
BENGALURU – Tupperware Brands, the renowned maker of food storage containers, has issued a stark warning…
China’s Manufacturing Sector Shows Signs of Recovery in March
China’s manufacturing activity witnessed a notable turnaround in March, expanding for the first time in six…
India gives initial nod to buy French Rafale jets, submarines
India’s defence ministry has provided initial acceptance for buying 26 Rafale fighter jets for its navy…
Tata Group closes in on deal to become first Indian iPhone maker
Tata Group, India’s biggest conglomerate, is near an agreement to get an Apple Inc. supplier’s factory…