Leadership
EU, China face hurdles in clinching EV deal before tariffs start
TRADE negotiations between the European Union and China have been plagued by major disagreements, with planned tariffs on Chinese-made electric vehicles (EVs) likely to kick in at the end...
India’s Reliance reports drop in Q2 profit on weaker fuel margins
INDIA’S Reliance Industries reported a drop in second-quarter profit on Monday, hurt by weak fuel refining margins and lower demand for petrochemicals.
The Mukesh Ambani-led conglomerate posted a consolidated profit...
Lundbeck to buy Longboard Pharma in US$2.6 billion deal
Lundbeck is offering shareholders in the US company Longboard US$60 per share in cashH Lundbeck agreed to acquire Longboard Pharmaceuticals in a US$2.6 billion deal that boosts its drug...
Bitcoin rises as traders weigh China fiscal stimulus,Trump odds
BITCOIN climbed to the highest level in two weeks as a mixed reaction to China’s latest stimulus efforts emboldened wagers that speculators will chase after cryptocurrencies rather than the...
China September rare earth exports curbed by rising domestic demand, prices
CHINA’S exports of rare earths minerals in September fell 11.5 per cent from August, customs data showed on Monday (Oct 14), as rising domestic demand and prices encouraged exporters...
UK’s Mulberry to evaluate sweetened Frasers’ bid
BRITISH luxury brand Mulberry said on Monday (Oct 14) it is working with advisers to evaluate Frasers’ sweetened £111 million (S$189.3 million) takeover proposal, after its top investor Challice...
LVMH investors jittery over anaemic China demand for European designer goods
INVESTORS in French luxury group LVMH are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out of their funk, inspiring...
Hot stock: Yangzijiang Shipbuilding’s shares fall following announcement of arbitration proceedings
The first tranche of arbitration hearings against the China-based shipbuilder’s units is scheduled for November 2024SHARES of Yangzijiang Shipbuilding tumbled on Monday (Oct 14) morning, after the China-based shipbuilder...
Sasseur Reit hits record 276.1 million yuan Golden Week sales as China’s domestic consumption surges
Sasseur Real Estate Investment Trust’s (Sasseur Reit) manager reported record-high aggregate sales of 276.1 million yuan (S$51 million) across its four outlets in China over the seven-day Golden Week...
