Fashion
Honda’s bigger threat comes from China’s EV makers, not tariffs or chips
[TOKYO] Honda’s downgrade to its full-year profit outlook underscores the immediate pressure from US tariffs and global chip shortages – but the deeper, longer-term challenge lies in intensifying competition...
Wuling’s commercial vehicle brand Linxys makes South-east Asia debut in Singapore with Carsome subsidiary CarTimes
The brand debuts with two electric vans, including the city-state’s first fully electric micro van[SINGAPORE] Linxys, a fully electric China commercial vehicle brand from state-owned carmaker Wuling, has made...
South-east Asia’s digital economy revenue set to hit US$100 billion in 2025: e-Conomy report
The region’s gross merchandise value is also expected to grow to US$305 billion this year[SINGAPORE] The digital economies of South-east Asia are projected to hit a revenue of US$100...
Garuda’s fleet growth at risk as Danantara trims funding
[JAKARTA] Indonesia’s sovereign wealth fund Danantara is reducing its financial support for flag carrier Garuda Indonesia, putting in doubt the distressed airline’s ability to refresh its fleet. Garuda will...
Senate Passes Revised Bill to End Longest Government Shutdown in US History as It Is Sent Back to House
The Senate approved a revised stopgap funding bill on Monday in a bid to end the longest government shutdown in U.S. history, sending the bill back to the House...
Asia: Stocks rise as record US shutdown nears end
MOST Asian markets rose for the second day in a row on Tuesday as US lawmakers edged towards ending a record government shutdown.The prospect of an end to the...
Yoma Strategic’s H1 net loss narrows to US$8.7 million
[SINGAPORE] Yoma Strategic on Tuesday (Nov 11) posted net loss for the first half year ended September of US$8.7 million, which narrowed from US$10.5 million in the same period...
Yoma Strategic’s H1 net loss narrows to US$5.7 million
[SINGAPORE] Yoma Strategic on Tuesday (Nov 11) posted a net loss for the first half-year ended September of US$5.7 million, which narrowed from US$9 million in the same period...
Intel CEO to oversee its AI efforts after executive departs for OpenAI
[SAN FRANCISCO] Intel said on Monday its CEO Lip-Bu Tan would oversee the chipmaker’s artificial intelligence efforts after the firm’s chief technology officer departed for ChatGPT maker OpenAI. Sachin...
Cyberattack leaves Asahi struggling as rival brewers gain ground
AS JAPAN gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap - with its systems still crippled more than a month...
More private credit firms now accept higher-risk ‘payment in kind’ in direct-lending deals
PIK used to be associated with distressed or mezzanine segments of private credit[SINGAPORE] With higher-for-longer interest rates, regulatory capital requirements for banks and the lack of a robust public-debt...
