Leadership
Volatility could roil base metal markets in 2025; analysts favour copper, tin amid energy transition
Potential headwinds include stronger US dollar, escalating trade tensions and China’s economic momentumBASE metal prices have been lifted this year by robust market fundamentals and a rise in green...
US: Wall St opens higher after inflation data solidifies rate-cut bets
Wall Street’s main indexes opened higher on Wednesday (Dec 11) after an in-line inflation reading kept intact bets on the Federal Reserve cutting interest rates later this month.The Dow...
Del Monte Q2 net loss widens to US$22.2 million on subsidiary’s lower profit, higher interest expense
PHILIPPINE food-and-beverage manufacturer Del Monte Pacific on Wednesday (Dec 11) posted a net loss of US$22.2 million for the second quarter ended Oct 31, 2024, from a loss of...
Ron Sim and Osim send legal letter of demand to Trek 2000 International’s current and former chairmen
Ron Sim alleges fraudulent misrepresentations before he acquired shares of Trek 2000 in 2015MASSAGE chair and appliance manufacturer Osim International and its founder Ron Sim have named the current...
China auto body seeks subsidy extension as EV exports take hit
CHINA’S biggest industry group for automobile makers urged the government to extend concessions for trading in older vehicles, as part of measures to spur domestic car sales amid a...
Tesla sells 21,900 EVs in China in first week of December, the highest in Q4
US automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of 2024, according to Tesla China...
Charge+ buys 140 EV chargers from 3 companies ceasing commercial charging services in Singapore
ELECTRIC vehicle (EV) charging point operator (CPO) Charge+ has acquired 140 public and shared EV chargers from three other companies in Singapore that have ceased offering commercial charging services....
CPF Special, MediSave and Retirement Accounts’ interest rate falls to 4% for Q1 2025
THE interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will fall to the floor rate of 4 per cent per annum from Jan...
