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China’s CATL sees faster profit growth in Q3
China’s CATL sees faster profit growth in Q3
CHINESE electric vehicle battery giant CATL reported a 26 per cent year-on-year rise in third-quarter profit, a stock filing showed on Friday (Oct 18), accelerating from the previous quarter...
Asian markets cheer over China’s stronger-than-expected GDP data; STI up 0.4%
Asian markets cheer over China’s stronger-than-expected GDP data; STI up 0.4%
SINGAPORE shares ended higher on Friday (Oct 18), tracking gains on regional bourses after China’s third-quarter economic growth exceeded market expectations.The benchmark Straits Times Index (STI) was up 0.4...
Volvo’s earnings drop as freight, construction demand wanes
Volvo’s earnings drop as freight, construction demand wanes
VOLVO’S earnings have declined in the third quarter as the truckmaker struggled with slowing demand for heavy-duty rigs across most markets.Adjusted operating profit slipped to 14.1 billion Swedish kronor...
BCA, IMDA to update Green Mark certification for data centres from March 2025
BCA, IMDA to update Green Mark certification for data centres from March 2025
THE Building and Construction Authority (BCA) and the Infocomm Media Development Authority (IMDA) will update the Green Mark for data centres on Friday (Oct 18). On BCA’s website, it...
TSMC stock hits new high after posting forecast-beating earnings
TSMC stock hits new high after posting forecast-beating earnings
TAIPEI-LISTED shares in Taiwan Semiconductor Manufacturing Company (TSMC) hit a record high on Friday (Oct 18) after the chipmaker posted forecast-beating third-quarter earnings and predicted a rosy outlook on...
Gold tops US,700 for first time to extend record-breaking run
Gold tops US$2,700 for first time to extend record-breaking run
GOLD topped US$2,700 an ounce for the first time, as concerns over escalating conflicts in the Middle East and a tight US election race prompt investors to flock to...
Love, Bonito lays off 29 employees globally, including 14 in Singapore
Love, Bonito lays off 29 employees globally, including 14 in Singapore
HOME-GROWN fashion retailer Love, Bonito has laid off 29 employees globally, 14 of whom are from Singapore.This accounts for 6.9 per cent of the company’s total workforce. Affected employees will...
Keppel DC Reit Q3 DPU up 0.4% at Salt=
Keppel DC Reit Q3 DPU up 0.4% at S$0.02501
KEPPEL DC Reit posted a distribution per unit (DPU) of S$0.02501 for the third quarter ended Sep 30, up 0.4 per cent from S$0.02492 in the previous corresponding period....
Ray-Ban maker EssilorLuxottica misses sales expectations as China slows
Ray-Ban maker EssilorLuxottica misses sales expectations as China slows
FRANCO-ITALIAN eyewear maker EssilorLuxottica, opens new tab missed third-quarter revenue expectations on Thursday (Oct 17), dented by a slowdown in consumer spending in China.Group revenue for the three months...
Dollar jumps as retail sales confirm strong US economy
Dollar jumps as retail sales confirm strong US economy
THE US dollar jumped to an 11-week high on Thursday (Oct 17) after data showed that US retail sales increased slightly more than expected in September, boosting confidence that...