Fashion
Singapore early-stage emerging tech startups see 14% rise in deal volume, but funds raised slip 8%
There were 56 deals in 2024, up from 49 a year ago, though funding raised dipped from US$402 million to US$371 million[SINGAPORE] Singapore’s early stage emerging-technology startups saw a...
Dairy duty: Indonesia presses businesses to find a million cows
A lack of cattle means the world’s fourth-largest country by population relies mostly on milk powder imported from Australia, New Zealand and the United States[KUNINGAN, Indonesia] The once-empty barns...
Indonesian currency, stocks fall after finance minister’s exit
The rupiah has weakened 2.3% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee [MELBOURNE] Indonesia’s currency weakened and stocks fell after Sri...
Ant digital arm puts 60 billion yuan energy assets on its blockchain
The firm has so far completed financing for three clean energy projects using this approach, raising about 300 million yuan in total for the companies that operate them[HONG KONG]...
Rivian lays off hundreds of employees ahead of the end of EV tax credits
Rivian has laid off about 200 employees as the electric vehicle maker prepares for a U.S. economy with fewer incentives to go green. The electric truck and sport-utility vehicle...
London’s commuters face travel chaos as tube strike hits hard
All fleet staff walk out on Monday, causing chaos for the UK capital’s commuters[LONDON] Londoners face severe travel disruption as a seven-day strike by workers on the city’s underground...
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
[SINGAPORE] Chinese lines Cosco Shipping Holdings and Orient Overseas (International) could be hit by US port fees amounting to more than US$2.1 billion in 2026, a report by HSBC...
Competition watchdog seeks public’s views on TPG’s proposed privatisation of Econ Healthcare
The Competition and Consumer Commission of Singapore is inviting feedback from Monday to Sep 19, 5 pm[SINGAPORE] The country’s competition watchdog is seeking public feedback on the proposed acquisition...
Russia export slide forcing a rethink at some Chinese carmakers
[HONG KONG] Russia turned into a lucrative market for Chinese automakers after the invasion of Ukraine, as they rushed in to fill the void left by foreign brands. That...
Opec+ set to raise oil output further from October: sources
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from October compared with recent months because...
