Fashion
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the expiry of key US tax credits that had supported sales, a...
Suntec Reit’s Q3 DPU rises to S$0.01778
The improvement comes amid stronger operational performance of its Singapore portfolio and lower financing costs[SINGAPORE] The manager of Suntec Real Estate Investment Trust (Reit) on Thursday (Oct 23) posted...
Singapore 6-month T-bill cut-off yield slides to 1.41%
This is a drop from the 1.44% offered in the last 6-month auction that closed on Oct 9 [SINGAPORE] The latest cut-off yield on Singapore’s six-month Treasury bill (T-bill)...
Wearable tech for your dog? Life360 releases a new pet tracker
Millions of people already use the Life360 app to track the location of their family members and loved ones. Now the California tech company behind the popular family safety...
OpenAI launches its own browser to compete with Google
OpenAI launched its own web browser called Atlas, hoping to use its artificial intelligence superpowers to take away market share from Google, which has dominated the browser and search...
Lockheed Martin lifts 2025 forecasts on robust defence demand
The company’s total revenue rose 8.8% to US$18.61 billion in the third quarter, above analysts’ average estimate of US$18.56 billion[WASHINGTON] US defence contractor Lockheed Martin raised its 2025 forecast...
Shares of doormaker surge as it secures planning permit for student accommodation in Australia
[SINGAPORE] Shares of Singapore doormaker HS Optimus surged on Tuesday (Oct 21), after it secured a permit for a 14-storey purpose-built student accommodation (PBSA) in Melbourne, Australia. HS Optimus...
Hong Leong Asia unit’s director and ex-chief accountant detained in China
[SINGAPORE] The director and former chief accountant of China Yuchai International (CYI) have been detained by Chinese authorities.Hong Leong Asia, which holds a 48.7 per cent stake in the...
Dollar wavers with politics, credit risks and trade tensions in the spotlight
THE dollar edged up against the yen but was flat versus the euro on Monday (Oct 20) as investors shifted their focus to political developments in Japan and the...
Global companies hit by more than US$35 billion in US tariffs, but outlook stabilising
GLOBAL companies have flagged more than US$35 billion in costs from US tariffs heading into third-quarter earnings, but many are lowering their initial forecasts as new trade deals reduce...
