Fashion
Singapore shares continue winning streak; STI up 0.7%
The benchmark index reaches a high for a fourth consecutive trading day at 4,161.43 [SINGAPORE] The benchmark Straits Times Index (STI) extended its winning streak on Thursday (Jul 17),...
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarterPublished Thu, Jul 17, 2025 · 04:06 PM[STOCKHOLM] Volvo Car posted a US$1.03 billion operating loss in...
China vows to address ‘irrational competition’ in EV sector
[BEIJING] China pledged to rein in “irrational competition” in its electric vehicle (EV) sector, reflecting authorities’ increasing urgency to tackle deflationary price wars threatening economic and industrial growth.The vow...
Latest Singapore six-month T-bill cut-off yield down at 1.79%
[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 1.79 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday...
mm2 Asia evaluating all available options, including winding up Cathay Cineplexes
[SINGAPORE] Cathay Cineplexes parent company mm2 Asia said on Thursday (Jul 17) that it is evaluating all available options to address its financial challenges, including winding up the cinema...
City Energy launches app-free electric vehicle charging across Singapore, Malaysia
[SINGAPORE] City Energy’s electric vehicle (EV) charging arm, Go by City Energy, on Wednesday (Jul 16) introduced the first app-free EV charging experience in Singapore. The new “AutoCharge” system...
What is Laopu Gold? Its stock soared 2,000%, and now it’s opened a store in Marina Bay Sands
[SINGAPORE] Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors. There has been rapidly rising demand for its offerings –...
Scale AI to cut 14% of staff following Meta investment
[SAN FRANCISCO] Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in the startup and hired away its chief...
Thailand seeks ways to curb gold price impact on currency
[BANGKOK] Thailand’s central bank and the finance ministry are discussing ways to address currency moves that are not aligned with fundamental factors, including the impact of gold prices, according...
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
[SINGAPORE] ST Engineering Urban Solutions, a wholly owned subsidiary of ST Engineering, has entered into an agreement with national grid operator SP Group to divest their joint venture (JV)...
