News

Singapore to build 700MW data centre park on Jurong Island, pilot biomethane imports: Tan See Leng
[ad_1] [SINGAPORE] Singapore will build a low-carbon data centre park on Jurong Island with up to 700 megawatts (MW) of capacity – its largest such facility – and set up...
Seoul: South Korea’s benchmark KOSPI stock index tops 4,000 for first time
[ad_1] [SEOUL] South Korea’s benchmark KOSPI stock index rose above 4,000 points on Monday for the first time, buoyed by optimism around trade... [ad_2] Source link
Fire at ASL Marine unit’s Batam shipyard leaves 13 dead, 18 injured
[ad_1] [SINGAPORE] Another fire at a Batam shipyard belonging to an ASL Marine unit has left 13 workers dead and 18 injured, the mainboard-listed shipbuilder said on Sunday (Oct 26)....
Tokyo: Nikkei tops 50,000 mark for first time on stimulus euphoria
[ad_1] [TOKYO] Japan’s Nikkei share average climbed past the 50,000 level for the first time on Monday, continuing a run of successive records on expectations of sizeable spending from the...
Chinese robotaxis race Waymo to take driverless cars global
[ad_1] WeRide and Pony AI plan to launch limited service in Singapore as soon as this year with local partners including ride-hailing operator Grab Holdings and transport group ComfortDelGro[HONG KONG]...
Striking Boeing defence workers reject contract offer for fourth time
[ad_1] MORE than 3,000 Boeing defence workers on strike in the US Mid-west since August voted to reject the company’s latest contract offer, their union said on Sunday - in...
Swiss National Bank likely intervening to weaken franc: UBS
[ad_1] [ZURICH] The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group.“Current market conditions indicate an elevated risk of...
A gold crash everyone saw coming lures bargain hunters worldwide
[ad_1] AS pictures of queues outside gold stores flooded social media over the past month, professional precious metals traders were getting increasingly nervous.Gold is “an overcrowded trade that’s overextended by...
Nexperia, the new crisis looming for Europe’s carmakers
[ad_1] Carmakers and parts suppliers warn of shortages that could halt production lines across Europe[PARIS] European automakers already buffeted by US tariffs and a rocky shift towards electric vehicles now...
Q3 reporting season kicks off with growth in S-Reits’ distributions
[ad_1] [SINGAPORE] The latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their latest financial results or business updates over the past week.Of...
China baijiu makers try to woo sober Gen Z with milder liquor
[ad_1] [BEIJING] China’s struggling liquor distillers are pivoting to milder versions of the nation’s fiery baijiu in hopes of appealing to a younger generation of lighter drinkers.The country’s economic malaise,...
Oil slips on scepticism about US commitment to Russian oil sanctions
[ad_1] [HOUSTON] Oil prices fell on Friday (Oct 24) as scepticism crept into the market about the Trump administration’s commitment to sanctions on Russia’s two biggest oil companies over the...