Entrepreneurship
Porsche sales slump most in 16 years on poor China demand
Its sales are down 26% as the nation’s economic slowdown hit consumers across all income brackets[BERLIN] Porsche’s deliveries fell 10 per cent last year, following weak demand for electric...
Intel extends comeback as investors bet on foundry growth
The stock is up 31% to start 2026, the third-best performance in the S&P 500 Index[NEW YORK] Intel’s dramatic rally to start the year shows investors are increasingly optimistic...
Foreigners sell Asian equities in December on worries over valuations
They have sold local stocks worth US$1.2 billion in India, Taiwan, South Korea, Thailand, Indonesia, Vietnam and the Philippines[BENGALURU] Foreign investors net sold Asian equities in December, on lingering...
Rio Tinto-Glencore merger may need asset sales to win over China
China’s antitrust regulator is likely to be concerned about a combined entity’s concentration in copper production and marketing[BEIJING/MELBOURNE] The proposed tie-up between Rio Tinto and Glencore could require asset...
TSMC eyes smaller tech gap between US and Taiwan chipmaking fabs
The company is accelerating the buildout of its capacity in Arizona due to strong demand[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC) will try to accelerate the transfer of its advanced...
Beijing warns carmakers as price war escalates
CHINESE regulators summoned executives from major new-energy vehicle (NEV) makers this week, demanding an end to excessive competition just as a fresh round of price cuts was set to...
Trump moves to make tech giants pay for surging power costs
The grid operator serves more than 67 million people from the Mid-Atlantic to the Midwest[WASHINGTON] US President Donald Trump and the governors of several US Northeastern states agreed to...
Changi Airport doubles supplemental China flights to 600 ahead of CNY travel surge
[SINGAPORE] Six airlines at Changi Airport will be offering over 600 supplementary flights to as many as 15 Chinese cities to cater to an anticipated increase in travel demand...
SID launches platform for listcos’ board chairs as Value Unlock programme opens for applications
This aims to support national efforts to strengthen the development of Singapore’s equities market[SINGAPORE] Board chairs of companies listed on the Singapore Exchange (SGX) will now be able to...
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
[SINGAPORE] Singtel’s subsidiary NCS on Friday (Jan 16) announced that Ng Kuo Pin will step down as chief executive officer on Apr 1 after seven years in the role.Replacing...
