Lifestyle
Singapore stocks fall as US dollar strength weighs on Asian stock indices; STI drops 0.8%
The trade-weighted US dollar index is at its highest since Jul 2, and up 4.9% in this quarterSINGAPORE stocks fell on Tuesday (Nov 12) as regional sentiment weakened after...
German chemicals giant Bayer cuts key target amid weedkiller woes
GERMAN chemicals giant Bayer cut its forecast for 2024 operating earnings on Tuesday (Nov 12), after a poor performance in its agrochemicals division hit quarterly profits. The group reported...
SoftBank swings back to quarterly profit with 1.18 trillion yen gain
JAPAN’S SoftBank Group swung to a 1.18 trillion yen (S$8.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of...
Airbus says China certification for A330neo jet progressing smoothly
THE head of Airbus China said on Tuesday (Nov 12) that Chinese certification of its A330neo jet was going smoothly and the first delivery of the widebody model in...
Baidu bolsters AI lineup with text-to-image generator, no-code app builder
CHINA’S Baidu unveiled a slew of new applications for its artificial intelligence (AI) technology on Tuesday (Nov 12), including a text-to-image generator and a tool that enables users to...
Investing in markets is best way to fight inflation, says new Saxo Singapore CEO
SAXO, a global investing and trading firm, has appointed Mahesh Sethuraman as Singapore CEO to take the helm of its operations here. Concurrently, the Copenhagen-headquartered firm has appointed Damian Hitchen...
Singapore shares retreat at Tuesday’s open; STI down 0.2%
SINGAPORE stocks started trading in negative territory on Tuesday (Nov 12) morning, despite global markets logging overnight gains. As at 9.01 am, the Straits Times Index (STI) opened 0.2...
Grab reports Q3 profit of US$15 million, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on yearGrab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being...
