News

Aramco profit beats estimates in first sign of easing pressure
[ad_1] Net income adjusted for one-time items rose 0.8% to US$28 billion in the third quarter from a year earlier[RIYADH] Saudi Aramco reported profit that beat analysts’ estimates as a...
Samsung SDI in talks with Tesla to supply energy storage batteries in deal worth over 3 trillion won
[ad_1] [SEOUL] South Korea’s Samsung SDI said on Tuesday it is in talks to supply energy storage batteries to Tesla, in an order that Korean media said could be worth...
China Aviation Oil jumps over 4% on talks of potential merger between parent CNAF and mega refiner Sinopec
[ad_1] [SINGAPORE] Shares of China Aviation Oil (CAO) surged by more than 4 per cent on Tuesday (Nov 4) morning following word of a merger between Sinopec, the largest oil...
Gold holds under US$4,000 on dollar resilience, Fed rate-cut outlook
[ad_1] Bullion hit a record high of US$4,381.21 on Oct 20, but have fallen close to 10% since [BENGALURU] Gold traded below the US$4,000 per ounce mark again on Tuesday...
Stocks to watch: Keppel, Wee Hur, NetLink NBN Trust, Elite UK Reit, China Aviation Oil
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 4): [ad_2] Source link
Grab reports Q3 earnings of US$37 million on positive operating profit
[ad_1] Operating profit rises to US$27 million in the quarter from a loss of US$38 million the previous year[SINGAPORE] Ride-hailing giant Grab posted Q3 2025 earnings of US$37 million on Tuesday (Nov...
KKR plans investment expansion for insurance unit in India
[ad_1] The investment firm insurance business is anchored through Global Atlantic Financial Group[MUMBAI] KKR is planning a bigger role for its India insurance unit, as the investment firm expands in...
Restaurant chain Denny’s to be taken private in US$620 million deal
[ad_1] The deal marks the latest in a wave of private equity buyouts of restaurant chains in recent yearsRESTAURANT chain Denny’s announced on Monday it would be acquired by a...
Shein bans sex dolls after France outrage over ‘childlike’ ones
[ad_1] ASIAN e-commerce giant Shein said on Monday it was banning sex dolls from sale on its sites globally after French authorities condemned it for featuring ones resembling children.France’s finance...
Starbucks to sell control of China business to Boyu, aims for rapid growth
[ad_1] The coffee chain has been credited with creating the market for coffee in China after entering in 1999[HONG KONG] Starbucks said that it would sell control of its operations...
Palantir hikes sales forecasts after record stock run-up
[ad_1] [SAN FRANCISCO] Palantir Technologies raised its annual revenue outlook to US$4.4 billion and outpaced analyst estimates for third-quarter sales, citing “accelerating and otherworldly” growth for its artificial intelligence (AI)...
Oil prices steady despite Opec+ plans to pause output increases
[ad_1] NEW YORK, Nov 3 (Reuters) - Oil prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group’s plans to pause output increases in the...