Entrepreneurship
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
[MUMBAI] The Indian rupee weakened to a lifetime low against the greenback on Friday (Nov 21), pressured by shrinking risk appetite amid fading expectations of a Federal Reserve rate...
Japanese logistics firm Nippon Express expands footprint in Singapore
Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone [SINGAPORE] LOGISTICS company, Nippon Express (NX) opened an expanded 100,000 sq...
Founder of India’s top broker Groww joins billionaire financial elites
Keshre is the twelfth billionaire to emerge from India’s financial services industry in recent years[MUMBAI] The initial public offering of Groww, India’s answer to Robinhood Markets, was the culmination...
Maybank Q3 profit up 3.3% at RM2.6 billion
[SINGAPORE] Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.62 billion (S$828 million), from RM2.54 billion in the same period a year...
Bank of Japan drops fresh hints of near-term rate hike as yen slides
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19[TOKYO]The Bank of Japan (BOJ) will discuss at...
Asia: Tech firms lead Asian stock rout as AI bubble fears linger
The Japanese currency has fallen this week to its lowest level against the US dollar since January[HONG KONG] Tech firms led more steep losses across Asian markets on Friday...
China’s fluid humanoid stuns – but US still rules robot brains
CHINESE EV maker XPeng wowed audiences with its latest humanoid robot, Iron, at a recent launch. Compared with last year’s somewhat stiffer first-generation model, the upgraded version released on...
Japan signals chance of currency intervention, yen rises
The currency is down around 6% since Prime Minister Sanae Takaichi was elected leader of her party[TOKYO] Japan sees currency intervention as a possibility in dealing with excessively volatile...
Stocks to watch: Hongkong Land, ComfortDelGro, IReit Global, Coliwoo
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Nov 21): Hongkong Land : The property developer on Thursday reported a 13...
Foxconn, OpenAI partner on AI hardware manufacturing
Initially, the collaboration will cover a range of scenarios across assembly, inspection, machine tending and logistics applications[BENGALURU] Foxconn will collaborate with US-based OpenAI to design and engineer data centre...
