Lifestyle
Tyre maker Michelin to close two French plants by 2026
MICHELIN will close two factories in France by early 2026 affecting about 1,200 jobs, the French tyre maker said on Tuesday (Nov 5), the latest cutback in an European...
Brokers’ take: Analysts get more bearish on Wilmar, cutting their price targets for the stock
ANALYSTS cut their price targets for Wilmar International on uncertainty in its China business, and after the company reported third-quarter earnings that showed net profit fell.The agribusiness group on...
China gives Morgan Stanley approval to launch local futures unit
MORGAN Stanley has won final approval to launch a futures business in China via a newly established unit, becoming the second major US entrant in the derivatives market of...
StanChart partners with Wise for faster FX in Asia and Middle East
STANDARD Chartered (StanChart) is going to use Wise’s payments platform to offer multi-currency money transfers in Asia and the Middle East.The lender will integrate Wise’s foreign exchange infrastructure to...
Yen is first of many Japanese assets set to pivot on US election
A VICTORY for Kamala Harris in the US presidential election has the potential to support Japan’s ailing currency while a win for Donald Trump would probably boost the Tokyo...
Commerzbank looks to free up capital to fend off UniCredit
COMMERZBANK chief executive officer Bettina Orlopp is seeking to unlock more capital to pay out or invest, as she makes the case for an independent bank in the face...
Philippines inflation matches estimate, gives room for rate cuts
PHILIPPINE inflation quickened in October but within market expectations, giving the central bank room to sustain its easing cycle.Consumer prices rose 2.3 per cent year on year in October...
Hanwha’s offer for Dyna-Mac turns unconditional on acceptances; closing date extended to Nov 20
Some 84.8 million shares or 6.81% of total issued shares in Dyna-Mac had been accepted as at 6 pm on Nov 4HANWHA Ocean SG’s voluntary conditional cash offer for...
Stocks to watch: SIA, CapitaLand Investment, NetLink NBN Trust, Aims Apac Reit, Dyna-Mac
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 5):Singapore Airlines (SIA), SIA Engineering Company (SIAEC): Singapore’s national carrier will spend S$1.1...
