Leadership
COE premiums dip in all categories except commercial vehicles; Open Category below S$100,000 for first time since May 2022
CERTIFICATE of Entitlement (COE) premiums in February’s second round of bidding dropped for all categories except those for commercial vehicles. The price for Category A, for mainstream cars, fell...
Hot stock: SIA dives 9.4% after Q3 results disappoint, erasing 3-week gain
SHARES of Singapore Airlines (SIA) tumbled as much as 9.4 per cent during early trading on Wednesday (Feb 21) after hitting a six-month high on Tuesday. Investors took profit...
Swiss watch exports struggle as luxury slowdown persists
SWISS watch exports rose modestly in January as growth slowed and weak demand for luxury and mid-priced watches dragged on the sector. Monthly exports increased 3.1 per cent to...
Barclays aims to cut costs by £2 billion in bid to boost returns
BARCLAYS said it will go on a major cost-cutting drive as part of chief executive officer CS Venkatakrishnan’s efforts to boost returns above 12 per cent in the coming...
Toyota Industries faces crackdown for engine emissions cheating: Nikkei
JAPAN’S transport ministry is preparing action against a Toyota Motor Corp affiliate for cheating engine emissions tests, including possibly withdrawing certification for some engine types, Nikkei reported on Monday....
Whirlpool sells 24% stake in India unit for US$468 million
WHIRLPOOL said on Tuesday (Feb 20) it has executed a sale of 24 per cent of its stake in its India unit for about US$468 million. Whirlpool conducted the...
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