News
L’Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
[BEIJING] Cosmetics giant L’Oreal said on Monday (Nov 17) it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in...
Geely profit climbs despite competition, regulatory scrutiny
[HONG KONG] Geely Automobile Holdings’ third-quarter profit rose as an ongoing discounting campaign turbo-charged sales. Net income rose 59 per cent in the three months ended Sep 30 from...
MAS imposes S$137,000 penalty on Alpha Energy’s ex-managing director for insider trading
He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years[SINGAPORE] The Monetary Authority of Singapore...
Asia: Markets struggle as fears build over tech rally, US rates
ASIAN markets struggled on Monday on simmering concerns that the Federal Reserve will not cut interest rates as hoped next month, while fears of a bubble continue to weigh...
Indonesia’s instant noodle players take off as global markets expand with rise of ‘super-premium’ packs: report
Analysts are cautious on other Asian brands Nissin Foods and Uni-President China, however[SINGAPORE] Instant noodle brands from Indonesia are fierce, up-and-coming contenders within emerging markets, noted a report by...
Del Monte Pacific Q2 net profit up 630.4% at US$16.8 million
[SINGAPORE] Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million from US$2.3 million in the...
Stocks to watch: ST Engineering, Frencken, The Hour Glass, Geo Energy, Stamford Land
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 17): ST Engineering : Its wholly owned unit has agreed to sell...
Frencken Q3 profit rises 7.5% to S$9.9 million, expects marginally lower revenue in H2
Revenue up 6.5% at S$211.5 million from S$198.6 million, driven mainly by mechatronics division[SINGAPORE] Semiconductor player Frencken posted a 7.5 per cent rise in net profit for its third...
US sanctions propel Chinese AI prodigy to US$23 billion fortune
Shares of the chip designer Cambricon Technologies have surged more than 765% over the past 24 months [BEIJING] In 2019, Chen Tianshi was a long way from becoming one...
US hopes to finalise rare earths deal with China this month: Bessent
US TREASURY Secretary Scott Bessent said on Sunday that Washington hopes to finalise a deal with China for securing supplies of rare earths by the Thanksgiving holiday at the...
