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Gold dazzled last year, but may lose some lustre in 2025
With the Year of the Snake upon us, market watchers are split on how the precious metal will fare after a record-breaking 2024WHEN investors long for a steady asset...
Sustainable growth and rationality to emerge as key themes for e-commerce
MARKET consolidation and new entrants stole the e-commerce industry headlines in 2024. But market watchers say the year ahead will be more rational in this space, with customers across...
China car sales maintain growth pace in 2024, EV and hybrid sales hit record
CHINA’S car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world’s largest auto market hit a record high amid a...
Wall Street expected to shed 200,000 jobs as AI erodes roles
GLOBAL banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human...
From banks to tech: The Singapore winners from the Johor-Singapore SEZ
SINGAPORE and Malaysia have established a new Johor-Singapore Special Economic Zone (JS-SEZ) that will drive investments in key sectors.The 11 key sectors are: manufacturing, logistics, food security, tourism, energy,...
Apollo to boost staffing for Japan and Asia wealth, top regional executive says
APOLLO Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global investment firms pump more resources into...
Hyundai Motor Group to invest record 24.3 trillion won in South Korea this year
SOUTH Korea’s Hyundai Motor Group said on Thursday (Jan 9) that it planned to boost domestic investment by 19 per cent to a record high of 24.3 trillion won...
Maybank initiates Parkway Life Reit at ‘buy’ with S$4.10 target on strong growth prospects
The analyst expects its acquisition in France, in-built rent escalation in Singapore to support DPU growthMAYBANK Securities has initiated coverage on Parkway Life Real Estate Investment Trust (Reit) with...
Morgan Stanley to hire more Asia wealth relationship managers
MORGAN Stanley’s Asia wealth chief is looking to boost the number of staff dealing with its richest customers as the US lender pushes ahead with its regional expansion. The...
LG Energy posts unexpected loss as EV demand slows; shares drop
BATTERY maker LG Energy Solution reported an unexpected loss – sending its shares down – as cooling demand for electric cars hurt sales. The South Korean company reported a...
