News
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America[TOKYO] The Japanese operator of the Uniqlo clothing brand, Fast Retailing, on Thursday (Jan 8) said...
Nvidia requires full upfront payment for H200 chips in China: sources
The US chipmaker imposes strict terms, demanding full payment with no cancellations, refunds or changes[BEIJING/SHANGHAI] Nvidia is requiring full upfront payment from Chinese customers seeking its H200 artificial intelligence...
First self-driving shuttle vehicles in Punggol to start serving public within three months
[SINGAPORE] The first self-driving shuttle route in Punggol will open to the public in two to three months, said Senior Minister of State for Transport Sun Xueling on Jan...
Grab, Chinese automaker GAC to deploy 20,000 EVs across South-east Asia
It will involve the introduction of three of the Chinese player’s models – Aion Y, Aion ES, and Aion V – across the region[SINGAPORE] Ride-hailing giant Grab and Chinese...
Young Singaporeans prefer human advisers over digital tools for insurance: survey
In addition, more than six in 10 prefer clear planning over spontaneity when it comes to financial planning, says Prudential[SINGAPORE] Young adults in Singapore continue to favour human advisers...
Trump’s bid to block corporate homebuying blindsides Wall Street
Most of the major institutional landlords have sharply curtailed purchases since the middle of 2022[NEW YORK] The time of the corporate landlord as America’s housing villain was supposed to...
Google and Character.AI to settle lawsuits alleging chatbots harmed teens
Google and Character.AI, a California startup, have agreed to settle several lawsuits that allege artificial intelligence-powered chatbots harmed the mental health of teenagers.Court documents filed this week show that...
Australia’s goods trade surplus shrinks to A$2.9 billion in November
[SYDNEY] Australia’s surplus on goods trade narrowed sharply in November as shipments of iron ore fell back, data showed on Thursday, while imports were a fraction firmer.The Australian Bureau...
China metals in grip of frenzy as investors bet on global rally
Open interest has surged to a record across the six base metals traded in ShanghaiCHINA’S metal markets are in the grip of a speculative frenzy, with traders and deep-pocketed...
Stocks to watch: FCT, CLI, Tan Chong International, Vividthree
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 8): Source link
Former mm2 Asia subsidiary Vividthree dives 17% on news of payment demand from UOB
[SINGAPORE] Former mm2 Asia subsidiary Vividthree on Wednesday (Jan 7) announced that it received a letter of demand from UOB for nearly S$1.2 million. Minutes into the opening bell,...
Flight to quality, dividends lift DBS and OCBC to all-time highs, but analysts warn valuations look expensive
Among Singapore banks, UOB lags peers as investors await greater earnings clarity[SINGAPORE] Attractive dividend yields have pushed DBS and OCBC to fresh all-time highs, and will likely continue to...