Fashion
Samsung debuts its first trifold months ahead of folding iPhone
Samsung is initially launching it in South Korea on Dec 12 with a price of 3.6 million won[NEW YORK] Samsung Electronics unveiled its first so-called trifold smartphone, flaunting its...
Marco Polo Marine shares rise 7.5% on H2 profit surge
For its second half, profit jumps 348% to S$47.9 million, from S$10.7 million previously [SINGAPORE] Shares of Marco Polo Marine climbed 7.5 per cent or S$0.009 to S$0.129 at...
Danantara’s US$1.4 billion Garuda play emerges as key reform test
The 76-year-old airline is a major employer and a key mode of transport for the country[JAKARTA] Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh...
Stocks to watch: UOB, Nio, Sanli
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2): UOB : The bank announced on Tuesday announced on Tuesday that...
UOB prices £750 million floating rate covered bonds due 2029
[SINGAPORE] UOB announced on Tuesday (Dec 2) that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029.The issue date of the covered bonds is...
Singapore multi-currency e-wallet YouTrip enters Australia market
[SINGAPORE] Singapore-based multi-currency wallet YouTrip has launched operations in Australia, marking the fintech company’s first geographic expansion since the Covid-19 pandemic. Announced on Tuesday (Dec 2), the move establishes...
Popiah King’s new Tee Yih Jia factory has one of Asia’s largest, fully automated warehouses
The S$500 million facility has a solar panel system that generates enough power for about 315 four-room HDB flats for a year[SINGAPORE] Would a sheet of spring-roll pastry that...
Wall Street ends lower as yields climb; crypto stocks drop
The crypto market has lost more than US$1 trillion in value since hitting a record of around US$4.3 trillion, according to CoinGecko[NEW YORK] US stocks closed modestly lower on...
Nvidia takes US$2 billion stake in Synopsys as AI deal spree accelerates
The deal adds to Nvidia’s slew of new partnerships in the artificial intelligence ecosystem[SANTA CLARA, California] Nvidia has invested US$2 billion in chip design software maker Synopsys as part...
Schneider Electric looks to digitalisation, new partners to tackle rapid electrification
[SINGAPORE] Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.From buildings requiring more air-conditioning amid global warming to technology such as electric vehicles...