News
India’s central bank to use cash reserve ratio as active liquidity tool
[MUMBAI] India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash...
Huawei launches Pura 80 smartphone series in next step of China comeback
The latest flagship launch demonstrates the Chinese tech giant’s continued efforts to reclaim the top spot in its home market despite ongoing US sanctionsPublished Wed, Jun 11, 2025 ·...
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995[SINGAPORE] Shares of Centurion rose on Wednesday (Jun 11) afternoon after the company announced...
Chinese automakers pledge to make payments to suppliers within 60 days
Published Wed, Jun 11, 2025 · 12:45 PM[SHANGHAI] Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a recent...
Asia: Equities rally after China-US framework on trade
[HONG KONG] Asian stocks rose on Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff...
Tesla’s public robotaxi rides set for tentative June 22 start: CEO Musk
[SAN FRANCISCO] Tesla tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said on Tuesday, as investors and fans...
Stocks to watch: Keppel Infrastructure Trust, Raffles Medical, Amara, Koh Brothers Eco Engineering, SIA
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 11): Keppel Infrastructure Trust (KIT): Its manager is divesting a 24.6 per cent...
Qantas’ Jetstar Asia to shut down on Jul 31; over 500 staff to lose jobs
[SINGAPORE] Australian flag carrier Qantas will wind down operations for its Singapore-based unit Jetstar Asia and shut it down on Jul 31, 2025, as the low-cost airline has been...
GM dodges tariffs with production shift to US from Mexico
Published Wed, Jun 11, 2025 · 07:39 AMGENERAL Motors plans to invest US$4 billion in its US plants over the next two years to boost output of some of...
Blackstone plans US$500 billion Europe investment: CEO
BLACKSTONE is planning to invest as much as US$500 billion in Europe over the next 10 years, underlining the continent’s growing appeal to investors during a period of geopolitical...
Wearing a computer on your face? Snap looks to take on rivals with new augmented reality glasses
For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.The Santa Monica-based tech company...
