News

Chinese automakers pledge to make payments to suppliers within 60 days
[ad_1] Published Wed, Jun 11, 2025 · 12:45 PM[SHANGHAI] Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a recent...
Asia: Equities rally after China-US framework on trade
[ad_1] [HONG KONG] Asian stocks rose on Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff...
Tesla’s public robotaxi rides set for tentative June 22 start: CEO Musk
[ad_1] [SAN FRANCISCO] Tesla tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said on Tuesday, as investors and fans...
Stocks to watch: Keppel Infrastructure Trust, Raffles Medical, Amara, Koh Brothers Eco Engineering, SIA
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 11): Keppel Infrastructure Trust (KIT): Its manager is divesting a 24.6 per cent...
Qantas’ Jetstar Asia to shut down on Jul 31; over 500 staff to lose jobs
[ad_1] [SINGAPORE] Australian flag carrier Qantas will wind down operations for its Singapore-based unit Jetstar Asia and shut it down on Jul 31, 2025, as the low-cost airline has been...
GM dodges tariffs with production shift to US from Mexico
[ad_1] Published Wed, Jun 11, 2025 · 07:39 AMGENERAL Motors plans to invest US$4 billion in its US plants over the next two years to boost output of some of...
Blackstone plans US$500 billion Europe investment: CEO
[ad_1] BLACKSTONE is planning to invest as much as US$500 billion in Europe over the next 10 years, underlining the continent’s growing appeal to investors during a period of geopolitical...
Wearing a computer on your face? Snap looks to take on rivals with new augmented reality glasses
[ad_1] For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.The Santa Monica-based tech company...
Netflix to invest 1 billion euros in Spain productions to 2029
[ad_1] Published Tue, Jun 10, 2025 · 11:12 PM[MADRID] US streaming giant Netflix said on Tuesday (Jun 10) it was going to invest more than 1 billion euros (S$1.47 billion)...
US: Wall St muted at open as US-China trade talks in focus
[ad_1] Published Tue, Jun 10, 2025 · 09:54 PM[NEW YORK] Wall Street’s main indexes opened subdued on Tuesday (Jun 10) as investors awaited the outcome of ongoing trade talks between...
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
[ad_1] [PARIS] France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital asset subsidiary, making it the first major bank...
Australia regulator trials faster IPO process as listings hit decade low
[ad_1] [SYDNEY] Australia’s securities regulator said on Tuesday (Jun 10) it would trial changes to speed up initial public offerings that are at a decade low by implementing recommendations from...