Business
Nissan’s new CEO says it needs partners and is open to Honda
Nissan Motor’s incoming chief executive officer said he’s open to pursing a partnership with Honda Motor, the Japanese peer his carmaker…
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Business
Business
Paragon Reit unitholders to vote on proposed privatisation on Apr 22
Unitholders will vote on the proposed privatisation of Paragon Reit in an extraordinary general meeting (EGM) and scheme meeting on Apr…
Business
Robinhood, moving beyond meme stocks, now wants to be your bank
Robinhood Markets has moved past its meme stock days to become known as the go-to trading platform for retail investors of all stripes –…
Business
Kristi Noem to visit Salvadorean jail holding deported Venezuelans
Will Grant Mexico, Central America and Cuba correspondent Reporting from San Salvador Video shows alleged gang members deported by US in…
Business
Apple says Indonesia iPhone sales ban ends in April
The country has also banned the sale of Google Pixel phones for failing to meet the 40 per cent local parts requirement Teach giant Apple…
Business
China raises record 1.45 trillion yuan from bonds in stimulus signal
China ramped up debt issuance this quarter, a move that both signals authorities’ priority on stimulating growth and efforts to prevent a…
Business
China banks ramp up bad property loan disposals to boost economy
China’s big banks are accelerating a drive to write off soured property loans to clean up their balance sheets as they heed calls by…
Business
Struggling Cathay Cineplexes to shut JEM outlet on Thursday
Struggling cinema chain Cathay Cineplexes will wind down business operations at its Jem outlet in Jurong East on Thursday (Mar 27). This…
Business
OpenAI nears record US$40 billion funding round led by SoftBank
OpenAI is close to finalising a US$40 billion funding round led by SoftBank Group – with investors including Magnetar Capital, Coatue…
Business
Indonesia to use one million African weevils to spur palm output
Indonesia is betting on tiny bugs from Africa to help boost its palm oil production, as the broader sector grapples with tightening supply…
Business
Stocks to watch: Paragon Reit, mm2 Asia, ST Engineering, UMS Integration
The following companies saw new developments that may affect trading of its securities on Thursday (Mar 27). Paragon Reit: The manager has…
Business
Citigroup hiring dealmakers in Japan with fee pool seen reviving
Citigroup is expanding its investment banking team in Japan as the Wall Street firm bets that the country’s deal fee pool will finally…
Business
Atomfall: How a forgotten nuclear disaster inspired a video game
Peter Gillibrand & Tom Richardson BBC Newsbeat Fukushima. Three Mile Island. Chernobyl. Places that will forever be remembered as the…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
Business
GameStop to borrow US$1.3 billion to fund Bitcoin buying spree
GameStop is seeking to sell US$1.3 billion of convertible bonds with no coupon payment to fund Bitcoin purchases as it embraces a strategy…
Business
Tesla troubles: Speed bump or early signs of impending crash?
Tesla, the Elon Musk-run auto company, has had a turbulent time recently, fueled by its chief executive’s close ties to Donald Trump and…
Business
Xpeng may add EV output in Europe, Latin America in growth push
Chinese electric vehicle (EV) maker Xpeng is looking to ramp up its global expansion, including investing in manufacturing plants and…
Business
Fidelity tests stablecoin in latest Wall Street blockchain push
Fidelity Investments is testing a stablecoin, as large financial firms continue to dive into one of crypto’s fastest-growing sectors.…
Business
Oil settles up 1% on US crude and fuel stock draw, Venezuela supply worries
Oil prices rose on Wednesday, buoyed by government data showing US crude oil and fuel inventories fell last week and by mounting concerns…
Business
Europe: Shares end lower as US tariff deadline looms
European shares closed lower on Wednesday (Mar 26), dragged by technology and healthcare stocks, while investors remained concerned about…
Business
US: Stocks slip as auto tariffs approach
US stocks veered off course on Wednesday (Mar 26) after the White House said President Donald Trump would announce fresh tariffs on the…
Business
X ad sales expected to grow for first time since Musk deal
Elon Musk’s X is on pace for its first year of advertising revenue growth since the billionaire acquired the company in 2022, according to…
Business
Jefferies profit drops on pullback in deals, capital markets
Jefferies Financial Group’s fiscal first-quarter earnings declined amid a drop in investment-banking and capital-markets revenue, with…
Business
As Malaysia’s Sapura Energy tumbles, Petronas’ silence is telling
The country’s national oil giant had propelled Sapura Energy into the big league but is now watching on the sidelines as the once-sector…