Fashion
Singapore shares continue winning streak; STI up 0.7%
[SINGAPORE] The benchmark Straits Times Index (STI) extended its winning streak on Thursday (Jul 17), tracking gains in regional markets. The STI rose 0.7 per cent or 29.18 points...
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarterPublished Thu, Jul 17, 2025 · 04:06 PM[STOCKHOLM] Volvo Car posted a US$1.03 billion operating loss in...
China vows to address ‘irrational competition’ in EV sector
[BEIJING] China pledged to rein in “irrational competition” in its electric vehicle (EV) sector, reflecting authorities’ increasing urgency to tackle deflationary price wars threatening economic and industrial growth.The vow...
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2m
[SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus Energy back to the renewable energy...
Companies look to AI for financial resilience amid global volatility: DBS survey
[SINGAPORE] Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI) tools of particular interest, based on a global survey by DBS...
Japan’s Sega eyes return to 1990s gaming glory
[TOKYO] The big-screen success of 1990s video game speedster Sonic the Hedgehog has brought new fans to Japan’s Sega, which says it is poised for a comeback after two...
Amara announces it will delist from SGX mainboard on Jul 21
[SINGAPORE] Hotel and property group Amara Holdings announced on Thursday (Jul 17) that it will be officially delisted from the mainboard of the Singapore Exchange as at 9 am...
China probes US$100 underwriting fee amid Xi price war clampdown
[BEIJING] China is investigating some of the nation’s top investment banks over bond underwriting fees that hit below US$100, as regulators expanded a crackdown on a long-standing price war...
Scale AI to cut 14% of staff following Meta investment
[SAN FRANCISCO] Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in the startup and hired away its chief...
French prosecutors demand Fiat face trial in diesel scandal
Published Thu, Jul 17, 2025 · 10:50 AM[PARIS] French prosecutors have demanded Italian car maker Fiat face trial on fraud charges over the emissions-tampering scandal that struck German giant...
How Chinese consumer brands are muscling into South-east Asia
EVERY tourist arriving in Ho Chi Minh City visits the 110-year-old Ben Thanh Market. Its surrounding streets pulse with local eateries, coffee joints, and souvenir shops.Yet amid these Vietnamese...
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
[SINGAPORE] ST Engineering Urban Solutions, a wholly owned subsidiary of ST Engineering, has entered into an agreement with national grid operator SP Group to divest their joint venture (JV)...