Fashion
Saudi Aramco weighs raising billions of dollars from its biggest disposals yet
[RIYADH] Saudi Aramco is considering plans to raise billions of dollars by selling a range of assets, people familiar with the matter said, deals that could rank as its...
China’s Unipec agrees to jet fuel term supply deal with Lufthansa
[SINGAPORE] China’s state oil trader Unipec, a vehicle of refining giant Sinopec Corp, has signed a term deal to supply about 60,000 metric tons of jet fuel to Lufthansa...
JTC, NUS to explore setting up new facility on Jurong Island to test green data centre innovations
Separately, refiner Aster will invest US$150 million in a new gas turbine, and inks deal to produce low-carbon hydrogen[SINGAPORE] Industrial landlord JTC and the National University of Singapore (NUS)...
Rupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday when the central bank appeared to ease...
DBS said to revise Alliance Bank offer proposal to 30% stake
It made the decision after failing to get approval for its initial request to buy as much as 49%[SINGAPORE] Singapore’s biggest bank has withdrawn an application to start talks...
Singapore beats Hong Kong in gross tonnage registered as more vessels reflag
Higher tonnage in September makes Singapore the fourth-largest ship registry in the world[SINGAPORE] The ship registry of Singapore has pulled ahead of its closest competitor Hong Kong after some...
Alibaba’s main AI app debuts strongly in effort to rival ChatGPT
The Chinese e-commerce leader’s Qwen is among the faster risers, particularly in China[HONG KONG] Alibaba Group Holding’s Qwen app drew more than 10 million downloads in the week after...
Malaysia says it plans to ban social media for under-16s from 2026
France, Spain, Italy, Denmark and Greece are also jointly testing a template for an age verification app[KUALA LUMPUR] Malaysia plans to ban social media for users under the age...
Asia: Stocks rise as US rate hopes soothe nerves after torrid week
ASIAN markets mostly rose on Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride fuelled by worries of a tech...
Owning luxury hotels is tough; long term rewards await patient capital
Jardine Matheson and Frasers Property could gain from hotel ownership over the long term[SINGAPORE] The prestige associated with owning luxury hotels can appeal to the vanity of the super...
