News
Jardine C&C said to explore sale of car dealership in Malaysia and Singapore
A transaction could value the business at US$250 million to US$350 million, say sourcesPublished Sat, May 9, 2026 · 10:03 AM[SINGAPORE] A unit of Jardine Matheson Group is considering...
General Motors to pay $12.5 million to settle claims it illegally sold California driver data
General Motors has agreed to pay $12.5 million dollars to settle claims that the automaker illegally sold location and driving data of hundreds of thousands of Californians, state officials...
Dasmond Koh’s NoonTalk Media narrows Q3 loss by 41.9% to S$0.4 million
[SINGAPORE] Media company NoonTalk Media on Friday (May 8) announced a loss of S$437,615 for its third quarter ended Mar 31, a narrowing of 41.9 per cent from S$752,974...
Porsche shutters three units as new CEO makes first job cuts
Published Fri, May 8, 2026 · 10:07 PMPORSCHE AG is closing three of its non-car-making units, with chief executive officer Michael Leiters cutting headcount for the first time to...
Sony, Nintendo grapple with memory price surge as AI boom constrains supply
Published Fri, May 8, 2026 · 06:59 PM[TOKYO] Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday (May 8), as the artificial intelligence...
SBS Transit Q1 profit slips 2.2% to S$15.6 million despite ridership gains
[SINGAPORE] Transport operator SBS Transit on Friday (May 8) posted a 2.2 per cent decline in net profit to S$15.6 million, from S$15.9 million in the year-ago period.The group...
US hybrid-car sales soar, along with petrol prices
Hybrids are generally less expensive than EVs and there are more models to choose fromPublished Fri, May 8, 2026 · 06:44 PMMANY American car buyers are gravitating to hybrid...
Iran uncertainty, credit costs in focus for UOB as analysts stay cautious with ‘hold’ ratings
This comes even after the lender’s Q1 profit beat consensus estimates by around 3%[SINGAPORE] Analysts have kept their “hold” ratings on UOB, citing concerns over costs and asset-quality risks...
Baidu’s AI chip unit plans dual IPO in Shanghai and Hong Kong
The semiconductor company is working with China International Capital on the listing in the mainland Chinese cityPublished Fri, May 8, 2026 · 04:53 PM[SHANGHAI] Baidu’s chip unit Kunlunxin is...
Nintendo plans Switch 2 price increase as outlook disappoints
Published Fri, May 8, 2026 · 04:24 PMNINTENDO said it will increase the price of its Switch 2 console to US$500 from US$450, acknowledging pressure on profitability of its...
