Fashion
Crypto’s retail traders hit hard as Strategy ETFs plunge 80%
[NEW YORK] Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price.Strategy, the company once hailed for wrapping crypto exposure into a public stock,...
Asian markets rise as US rate cut bets temper Japan bond unease
[HONG KONG] Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and tempered nervousness over...
Intel to invest additional RM860 million in Malaysia, PM says
[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations.Anwar...
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...
