News
China silver fund plunges after string of moves to quell frenzy
[ad_1] Other Chinese funds linked to the metals have also seen big gains and warnings to investorsTHE value of China’s only pure-play silver fund plunged by its maximum daily limit...
Taiwan’s Foxtron launches Bria EV model, eyes overseas markets
[ad_1] [TAIPEI] Taiwan’s Foxtron Vehicle Technologies, a joint venture between Foxconn and Yulon Motor, launched an electric vehicle (EV) model called Bria on Thursday (Dec 25).Versions of the model will...
Wall Street opens flat ahead of Christmas break
[ad_1] [NEW YORK] Wall Street indexes opened nearly flat in shortened Christmas Eve trading on Wednesday (Dec 24), as traders wait to see whether stocks can extend record gains in...
California crypto company accused of illegally inflating Katy Perry NFTs and fraud
[ad_1] Four years ago, California startup Theta Labs’ cryptocurrency was soaring, and its future appeared bright when it landed a partnership with pop star Katy Perry. The Bay Area company...
Christmas music driving you nuts? Why holiday playlists are everywhere
[ad_1] If it began to sound a lot like Christmas earlier than usual this year, it wasn’t your imagination.Halloween wasn’t even over before Spotify users began curating songs about mistletoe,...
Grab rides to cost S$0.30 more from Jan 1 with platform fee hike
[ad_1] [SINGAPORE] Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by S$0.30 come Jan 1, 2026.Passengers will then pay S$1.20, up from the current S$0.90, the firm...
Sanofi to buy Dynavax for US$2.2 billion to add shingles vaccine
[ad_1] [PARIS] Sanofi agreed to buy Dynavax Technologies for about US$2.2 billion to expand its vaccines business with a shot for hepatitis B and an experimental shingles inoculation.Sanofi will pay...
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
[ad_1] The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025[SINGAPORE] Malaysian offshore support vessel builder Nam Cheong will sell a 4,000 deadweight...
Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake
[ad_1] [SINGAPORE] Japan’s Eneos Holdings is ahead of rival bidders for US heavyweight Chevron’s stake in a Singapore oil refinery, according to people familiar with the matter.Other suitors for the...
Singapore shares slip before Christmas break; STI down 0.1%
[ad_1] Meanwhile, the iEdge Singapore Next 50 Index rises 0.1% or 1.61 points to 1,448.61[SINGAPORE] Singapore shares ended slightly lower on Wednesday (Dec 24) before investors took a break for...
Australian dollar climbs to highest since Oct 2024 on RBA bets
[ad_1] [CANBERRA] The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift to raising interest rates early next...
Hongkong Land should do a Reit not a private fund with its prime Singapore office assets
[ad_1] Hongkong Land Holdings is pressing ahead with growth in fund management. The 136-year-old property group said recently that it has made significant advancements towards launching its first private real...