Fashion
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...
Singapore shares rise marginally as investors turn cautious ahead of Fed decision
Decliners beat gainers 279 to 271 across the broader market, as 1.3 billion securities worth S$1.4 billion are transacted[SINGAPORE] Singapore stocks finished slightly higher on Monday (Dec 1), as...
China’s slow-motion stock rally starts to win investor trust
Blue-chip index CSI300 has matched the S&P 500 with a roughly 16% year-to-date gain[SINGAPORE/SHANGHAI] Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old...
India orders smartphone makers to preload state-owned cyber safety app
Smartphone companies have 90 days to ensure the app is pre-installed on new mobile phones[BENGALURU] India’s telecoms ministry has privately asked smartphone makers to preload all new devices with...
Malaysia’s Perodua unveils US$19,000 EV, battery not included
[KUALA LUMPUR] Malaysian automaker Perodua launched its first electric car on Monday (Dec 1), and will sell the vehicle separately from the battery to reduce upfront costs in a...
Bank of Japan to weigh ‘pros and cons’ of rate hike in December, governor Ueda says
[NAGOYA] The Bank of Japan (BOJ) will consider the “pros and cons” of raising interest rates at its next policy meeting, governor Kazuo Ueda said on Monday (Dec 1),...
Chinese carmakers retreat from record share of European sales
[LONDON] Chinese carmakers lost ground in Europe in October, slipping back from the record market share they captured a month earlier across the region. In the hybrid categories, where...
UOB Kay Hian initiates coverage on Soon Hock, optimistic on its S$1 billion project pipeline
UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively[SINGAPORE] UOB Kay Hian initiated coverage on industrial property developer Soon Hock Enterprise with a...
Hong Kong stablecoin stocks slump after PBOC vows cryptocurrency crackdown
[SHANGHAI] Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday (Dec 1) after China’s central bank vowed to crack down on virtual currencies and flagged concerns about stablecoins.On Saturday,...
Asian markets mixed as traders eye US data ahead of Fed decision
Among the reports due for release are private jobs creation, services activity and personal consumption expenditure[HONG KONG] Asian equities were mixed on Monday (Dec 1) with investors awaiting the...
