News

Geely profit climbs despite competition, regulatory scrutiny
[ad_1] [HONG KONG] Geely Automobile Holdings’ third-quarter profit rose as an ongoing discounting campaign turbo-charged sales. Net income rose 59 per cent in the three months ended Sep 30 from...
MAS imposes S$137,000 penalty on Alpha Energy’s ex-managing director for insider trading
[ad_1] He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years[SINGAPORE] The Monetary Authority of Singapore...
Asia: Markets struggle as fears build over tech rally, US rates
[ad_1] ASIAN markets struggled on Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh...
Indonesia’s instant noodle players take off as global markets expand with rise of ‘super-premium’ packs: report
[ad_1] Analysts are cautious on other Asian brands Nissin Foods and Uni-President China, however[SINGAPORE] Instant noodle brands from Indonesia are fierce, up-and-coming contenders within emerging markets, noted a report by...
Del Monte Pacific Q2 net profit up 630.4% at US$16.8 million
[ad_1] [SINGAPORE] Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million from US$2.3 million in the...
Stocks to watch: ST Engineering, Frencken, The Hour Glass, Geo Energy, Stamford Land
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 17): ST Engineering : Its wholly owned unit has agreed to sell...
Frencken Q3 profit rises 7.5% to S$9.9 million, expects marginally lower revenue in H2
[ad_1] Revenue up 6.5% at S$211.5 million from S$198.6 million, driven mainly by mechatronics division[SINGAPORE] Semiconductor player Frencken posted a 7.5 per cent rise in net profit for its third...
US sanctions propel Chinese AI prodigy to US$23 billion fortune
[ad_1] Shares of the chip designer Cambricon Technologies have surged more than 765% over the past 24 months [BEIJING] In 2019, Chen Tianshi was a long way from becoming one...
US hopes to finalise rare earths deal with China this month: Bessent
[ad_1] US TREASURY Secretary Scott Bessent said on Sunday that Washington hopes to finalise a deal with China for securing supplies of rare earths by the Thanksgiving holiday at the...
Boeing says partnership for T-7 trainer export bid imminent
[ad_1] [DUBAI] Boeing is close to announcing a partnership to bid for an international sales opportunity for its T-7 trainer, company executives said on Sunday (Nov 16), highlighting fast-growing demand...
Luxury houses eye India, but barriers remain
[ad_1] India, with 1.4 billion people, offers “a promising market, but still a complicated one”[MUMBAI] The globe’s biggest luxury brands have dreamt of India’s vast consumer base for decades, but...
Korean conglomerates pledge US$464 billion of domestic investment
[ad_1] A trade deal with the US sparked concerns over low domestic investment and the nation’s currency[SEOUL] Samsung Electronics, Hyundai Motor Group and LG Group pledged to invest a combined...