Entrepreneurship
BMW to buy back more shares worth up to 2 billion euros
Published Tue, May 20, 2025 · 09:42 PM[BERLIN] BMW is buying back as much as 2 billion euros (S$2.9 billion) of stock starting this month.The carmaker’s management board approved...
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
[SINGAPORE] Chocolate confectioner Delfi ran up a 27.2 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$17 million in the first quarter ended Mar...
Japan mulls taxing small parcels as Shein, Temu expand
Published Tue, May 20, 2025 · 01:02 PM[TOKYO] Japan is mulling a review of tax exemptions for small parcels including those shipped from China, joining a slew of governments...
Asia: Markets rebound to track Wall Street up as China cuts rates
[HONG KONG] Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic...
CATL rises in Hong Kong trading debut in world’s top listing in 2025
[HONG KONG] Contemporary Amperex Technology Co Limited (CATL) rose in its Hong Kong trading debut after the Chinese battery giant wrapped up the world’s biggest listing this year by...
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
[HONG KONG] Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant raised US$4.6 billion...
Nippon Steel boosts investment pledge for proposed US Steel deal
Trump has ordered another CFIUS review of the national security implications of the combination of both companiesPublished Tue, May 20, 2025 · 09:47 AM[NEW YORK] Nippon Steel has bolstered...
Gold eases as Russia-Ukraine ceasefire optimism curb safe-haven demand
Published Tue, May 20, 2025 · 09:21 AM[BENGALURU] Gold prices eased on Tuesday (May 20), as a firmer US dollar and optimism over a potential ceasefire between Russia and...
Huawei unveils in-house operating system to replace windows
HUAWEI Technologies debuted its first in-house operating system for personal computers, offering an alternative to Microsoft’s Windows as China pushes to replace American technologies amid rising geopolitical tensions.The company’s...
US: Wall St opens lower ahead of Fed commentary