Fashion
Silver hits fresh record after topping peak from October squeeze
[LONDON] Silver jumped to a record, surpassing a peak set during a historic squeeze in the London market in October.Spot prices surged as much as 4.2 per cent to...
Chinese carmakers shift to ‘asset-light’ models in overseas expansion
CHINESE carmaker Geely is betting that an “asset-light” investment model will accelerate its overseas expansion, as competition among China’s automakers to win foreign drivers intensifies amid the global shift...
Temasek eyes stake in Quest Global at US$4.6 billion pre-IPO price
The engineering services firm is preparing for an IPO in India, joining a wave of companies tapping the country’s buoyant capital markets[MUMBAI] Singapore state investor Temasek Holdings is in...
India’s Adani seeks up to US$5 billion investment in Google data centre to join AI boom
Indian billionaires Gautam Adani and Mukesh Ambani have also unveiled investments in building data centre capacity[BENGALURU] India’s Adani Group plans to invest up to US$5 billion in Alphabet-owned Google’s...
Oil falls on drawn-out Ukraine peace talks, all eyes on upcoming Opec+ meeting
Saudi Arabia is expected to lower its January crude price for Asian buyers for a second month to its lowest in five years[HOUSTON] Crude futures fell marginally on Friday...
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks.[BENGALURU] European shares ended higher on Friday (Nov 28), capping a strong weekly advance and closing the month on a...
Noodle maker Leong Guan Holdings to offer 20.65 million shares at S$0.23 each in Catalist listing
The group intends to distribute a minimum of 80% of FY2025 net profit as dividends [SINGAPORE] Food manufacturing and distribution company Leong Guan Holdings has launched its initial public...
Wilmar’s China subsidiary lodges appeal over contract fraud case
[SINGAPORE] A subsidiary of Wilmar International has lodged an appeal in a Chinese court, after it was found guilty of contract fraud and ordered to bear losses amounting to...
CIMB Q3 profit up 2.3% at RM2.08 billion
[SINGAPORE] CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the year-ago period, the company...
‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S$60 million in lost crypto assets
The firm owes its customers about S$266.3 million but has only S$2.6 million in realisable assets, interim judicial manager report reveals[SINGAPORE] More than 200 former customers of the now-defunct...
