Fashion
Commodity vessels clog China ports as fee imposed on US ships
The Asian nation has introduced a hefty extra fee on vessels known to have American links, following a similar America move[HONG KONG] Waiting times for commodity vessels queued off...
STI could reach 10,000 by 2040; Singdollar could also hit parity with greenback: DBS report
[SINGAPORE] The Straits Times Index (STI) could rise to nearly 10,000 by 2040 if historical return patterns hold, according to DBS’ Singapore 2040 report.The Singapore dollar could also reach...
Gold extends retreat from record high on profit-booking, trade optimism
The Fed will lower its key interest rate by 25 basis points next week and again in December[BENGALURU] Gold prices fell further on Wednesday (Oct 22), weighed down by...
China says Dutch Nexperia seizure places supply chain at risk
The company is a subsidiary of Wingtech Technology and a key supplier of mature chips used by the automotive and consumer electronics industries[LONDON] China’s Commerce Minister warned that the...
Airbus opens second jet assembly line in China
[BEIJING] Airbus said on Wednesday it had opened a second assembly line in China, increasing manufacturing capacity for its best-selling A320neo family of single-aisle jets.The European planemaker’s tenth final...
Gold plunge knocks CNMC Goldmine off pedestal after 400% gain
This follows a recent wave of sell-offs amid profit taking by investors who fear that gold’s recent rally has left it overvalued [SINGAPORE] Shares of CNMC Goldmine fell on...
Newcomers shrug off China’s EV headwinds with bets on niche cars
Despite their optimism, it’s unclear how many of the newer entrants will survive the Asian nation’s cutthroat industry[BEIJING] For all the talk of China’s car industry being crowded with...
Asia’s biggest stock exchanges push back against companies hoarding crypto
More recently, DATs’ purchases have slowed and their share prices have sagged, coinciding with a sharp sell-off in wider digital asset markets[TOKYO] Three of Asia Pacific’s biggest stock exchanges...
Gold and silver post steepest drops in years as rally cools
[NEW YORK] Gold and silver saw their steepest sell-off in years as investors locked in profits on concern that the recent historic rally in the precious metals left them...
Anthropic, Google in talks on cloud deal worth tens of billions
[SAN FRANCISCO] Anthropic PBC is in discussions with Alphabet’s Google about a deal that would provide the artificial intelligence (AI) company with additional computing power valued in the high...
