News
Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges
[ad_1] The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market[TOKYO] Nippon Steel, Japan’s biggest steelmaker, said it expects to report...
Thailand hunting down ‘gray money’ behind baht’s odd strength
[ad_1] It will synchronise data across government and financial institutions to detect unusual transfers[BANGKOK] The Thai government will set up a special team to track suspicious fund movements linked to...
Nissan to cut Rogue production in Japan over Nexperia fallout: source
[ad_1] The automaker plans to cut output of the Rogue sport-utility vehicle by about 900 vehicles in the week starting Nov 10[TOKYO] Nissan Motor will cut production of its top-selling...
Singapore shares slide amid tech bubble jitters; STI down 0.1%
[ad_1] Singtel was the index’s biggest gainer, while Yangzijiang Shipbuilding fell the most[SINGAPORE] Local shares ended Wednesday (Nov 5) lower, on the back of a sharp sell-off overnight of tech...
Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion
[ad_1] The company’s managing director says there is a gap in Malaysia for integrated wellness solutions for seniors[KUALA LUMPUR] Sunway Healthcare Group is expanding its senior-living offerings, ramping up its...
BMW boosts profit margin for cars in third quarter
[ad_1] BMW reported an operating margin of 5.2% for its automotive unit in the July-to-September period[BERLIN] German carmaker BMW posted a higher-than-forecast profit margin in its core car business in...
China’s ICBC to open vault boosting Hong Kong’s gold ambitions
[ad_1] [BEIJING] China’s largest state-owned bank plans to open a precious metals depository at Hong Kong International Airport, offering a boost to both the lender’s trading operations and the city’s...
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
[ad_1] Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su[SINGAPORE] The US dollar has lost significant value in 2025 amid tariff uncertainty, rising...
China’s US$470 billion oil and gas splurge is just the start
[ad_1] The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon[BEIJING] Some 20 kilometres out from the port of Tianjin, in...
Indonesian bonds hit by foreign fund outflows on policy woes
[ad_1] [JAKARTA] Foreign investors sold Indonesian government bonds again last month, underscoring concerns over the government’s plans to increase spending and raise the deficit limit.Overseas funds sold a net US$1.8...
