Fashion
Asia: Stocks tumble as stretched valuation fears grip markets
[SINGAPORE] Asian stocks dived on Wednesday (Nov 5) and market volatility surged to levels not seen since April after an overnight tech-led sell-off on Wall Street put the spotlight...
Gold edges up on bargain-hunting as market awaits US jobs data
Bullion hit a record high of US$4,381.21 on Oct 20, but has fallen close to 10% since then.[BENGALURU] Gold prices edged higher on Wednesday (Nov 5) as bargain hunters...
UPS cargo plane crashes in Kentucky, leaving at least 3 killed, 11 injured
UPS said on Tuesday one of its wide-body cargo planes with three crew members on board crashed in Louisville, Kentucky, and video from local television channels showed the aircraft...
Tesla’s UK car sales halve in October, New Automotive data shows
TESLA’S UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep falls the US electric vehicle maker saw in other...
Bitcoin falls below US$100,000 as risk-off mood weighs on crypto
[NEW YORK] Bitcoin has wiped out its summer rally, giving back gains made during Wall Street’s euphoric embrace and a surge in institutional buying.The original cryptocurrency fell as much...
Singapore not aiming for Singdollar to be reserve currency: MAS’ Chia Der Jiun
It has safe‑haven appeal and other attributes of a reserve currency, but lacks scale, analysts say[SINGAPORE] The Monetary Authority of Singapore (MAS) does not seek for the Singapore dollar...
IBM to cut thousands of jobs in fourth quarter amid software focus
[BENGALURU] IBM will cut roles this quarter, the company said on Tuesday (Nov 4), potentially impacting thousands of employees while it shifts focus towards its high-margin software segment, as...
Tesla’s China shipments drop for the eight time in 10 months
[HONG KONG] Tesla’s China factory shipments resumed their decline last month, adding weight to expectations the Elon Musk-led carmaker faces a challenging final quarter for global sales.The company shipped...
US: Wall Street tumbles after big banks flag pullback risk
[NEW YORK] Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street banks warned of a stock...
Harley-Davidson tops revenue estimates on demand for custom touring models
[NEW YORK] Harley-Davidson topped third-quarter revenue estimates on Tuesday (Nov 4) on robust demand for its high-margin custom touring models, which offset the cost of tariffs and a challenging...
SIA Engineering Q2 net profit up 13.5% at S$40.4 million
Its rise in revenue outpaced that of its rise in expenditure; contributions from associated and joint-venture companies also increased[SINGAPORE] SIA Engineering had a 13.5 per cent improvement in net...
UltraGreen.ai starts pre-marketing of over S$300 million Singapore IPO: sources
The planned share sale would add momentum to Republic’s efforts to attract high-growth companies and boost its capital markets[SINGAPORE] UltraGreen.ai has started pre-marketing for a Singapore initial public offering...