News

Vietnam stocks slump after state media report on alleged bond irregularities
[ad_1] [HANOI] Vietnam’s main stock index fell to its lowest closing level in a month on Monday (Oct 20) after state media reported the results of a government agency’s investigation...
Amazon Web Services has fixed global outage that hit multiple websites, apps
[ad_1] Crypto exchange Coinbase, as well as games Fortnite and Roblox, were among those affectedAMAZON Web Services (AWS), the world’s largest cloud provider, said its service had recovered after a...
Tokyo: Nikkei closes at record high, benchmark JGBs slip ahead of Takaichi PM vote
[ad_1] JAPAN’S Nikkei share gauge surged to a record high on Monday (Oct 20) as fiscal expansionist Sanae Takaichi was set to become the country’s next prime minister with a...
Stellantis, China’s Pony AI to test robotaxis in Europe
[ad_1] [HONG KONG] Stellantis plans to team up with Chinese robotaxi operator Pony AI to start testing autonomous vans in Luxembourg. The agreement involves a battery-powered minivan as the initial fleet...
Apple’s new iPhone outsells previous model by 14% in US, China
[ad_1] [HONG KONG] Apple’s latest generation of iPhones is off to a faster start than usual, with its most basic model surging in popularity.The iPhone 17 series outsold the iPhone...
Gold holds drop as traders focus on US-China trade, credit woes
[ad_1] [MELBOURNE] Gold steadied following a sharp drop for precious metals on Friday (Oct 17), with traders weighing the latest developments in trade tensions as well as jitters surrounding US...
China’s Sany Heavy Industry seeking up to HK$12.4 billion in HK listing
[ad_1] [BENGALURU] Sany Heavy Industry is seeking to raise as much as HK$12.4 billion (S$2.1 billion) through its Hong Kong listing, a filing showed on Monday (Oct 20), as the...
Kering agrees to sell beauty division to L’Oreal in partnership
[ad_1] [PARIS] Kering SA agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance, with chief executive Luca de Meo seeking to turn around...
Building resilience in an unpredictable world
[ad_1] ENTREPRENEURS are no strangers to risk and disruption. Indeed, many thrive on change, which often opens whitespace and greenfield opportunities that fuel their blue-sky ambitions. However, the world today...
S&P 500 rally may stall with breakdown of key support levels
[ad_1] THE US stock market experienced a recent notable pullback, driven primarily by escalating trade tensions between the US and China. On Oct 10, the S&P 500 sold off by...
Institutional investors will have key role to play if the run in smaller-cap stocks is to continue
[ad_1] Next 50 indices in their current form are likely to be just as effective in promoting market discipline among smaller-cap companies as the STI has been in the large-cap...
Dublin office woes hit private equity firms from Blackstone to Brookfield
[ad_1] The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and LisbonA PARTIALLY empty, five-story building close to...