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BYD launches new hybrid vehicle tech with lower fuel consumption
BYD launches new hybrid vehicle tech with lower fuel consumption
China’s BYD on Tuesday (May 28) launched its latest generation of a plug-in hybrid technology that achieves a record low fuel consumption of 2.9 litres per 100 km on...
Ossia International net profit for H2 down 30% at S.7 million
Ossia International net profit for H2 down 30% at S$4.7 million
OSSIA International posted a 30 per cent drop in net profit to S$4.7 million for its second half ended Mar 31, from S$6.7 million in the previous corresponding period,...
India’s Reliance to buy Russian oil in roubles: sources
India’s Reliance to buy Russian oil in roubles: sources
INDIA’S Reliance Industries, operator of the world’s biggest refining complex, has signed a one-year deal with Russia’s Rosneft to buy at least three million barrels of oil a month...
Cortina H2 net profit falls 22% to S.2 million on higher rental, renovation expenses
Cortina H2 net profit falls 22% to S$30.2 million on higher rental, renovation expenses
LUXURY watch retailer Cortina : C41 0%posted a 22 per cent fall in net profit to S$30.2 million for its second half ended Mar 31, 2024, from S$38.6 million...
Wall Street returns to T+1 stock trading after a century
Wall Street returns to T+1 stock trading after a century
THE US stock market is finally as fast as it was about a hundred years ago. That was the last time share trades in New York settled in a single...
Mapletree Investments in the red with S7.2 million full-year loss on valuation decline
Mapletree Investments in the red with S$577.2 million full-year loss on valuation decline
MAPLETREE Investments posted a net loss of S$577.2 million for the financial year ended Mar 31 amid industry headwinds, compared with a S$1.2 billion net profit last year. This...
Malaysia to enforce VEP system for foreign cars entering Johor from Singapore starting Oct 1
Malaysia to enforce VEP system for foreign cars entering Johor from Singapore starting Oct 1
All foreign-registered vehicles entering Malaysia from Singapore by land will be required to use a Vehicle Entry Permit (VEP) from Oct 1, 2024.This will apply to motorists entering both...
BOJ’s underlying inflation measures in April all fall below 2%
BOJ’s underlying inflation measures in April all fall below 2%
THE Bank of Japan’s (BOJ) key measurements of underlying inflation in April all fell below its 2 per cent target for the first time since August 2022, data showed...
Sri Lanka holds rates to manage inflation, foster economic stability
Sri Lanka holds rates to manage inflation, foster economic stability
SRI Lanka’s central bank held interest rates steady on Tuesday (May 28) to ensure inflation pressures remain in check as authorities look to foster economic stability and lift growth...
China chipmakers are catching up fast in AI, SenseTime co-founder says
China chipmakers are catching up fast in AI, SenseTime co-founder says
CHINA’S domestic artificial intelligence (AI) chipmakers are making fast progress in closing the gap on international leaders, according to SenseTime co-founder Xu Bing. Asia has a shortage of computation...