Lifestyle
Toyota cuts 2026 global EV output plans by a third
It now plans to build 1 million EVs in 2026, compared with earlier announced target of 1.5 millionJapan’s Toyota Motor has slashed its electric vehicle production plans for 2026...
DBS names Calvin Ong as new Singapore consumer banking head
This comes after he spent eight years at the bank’s corporate treasury, where he eventually became deputy corporate treasurerDBS has appointed Calvin Ong as its new Singapore consumer banking...
Boeing’s troubled Starliner spaceship to return to Earth sans crew
BOEING’S problem-plagued Starliner is set to finally depart the International Space Station (ISS) on Friday, returning to Earth without astronauts after Nasa deemed the risk too great.The century-old aerospace...
UOB’s 3-year covered bonds priced at 53 points above sterling reference rate
UOB on Friday (Sep 6) said it priced £750 million (S$1.3 billion) of floating rate covered bonds due 2027, under the bank’s US$15 billion global covered bond programme. The bonds...
US warns against Nippon merger with US Steel, citing China steel glut
NIPPON Steel’s proposed US$14.9 billion takeover of U.S. Steel would create national security risks because it could hurt the supply of steel needed for critical transportation, construction and agriculture...
US steps up export controls on advanced tech goods
THE United States announced on Thursday tighter export controls on critical technologies like quantum computing and semiconductor manufacturing goods, targeting access by adversaries like China.The Commerce Department said it...
US: Stocks end mostly down as market awaits employment update
WALL Street stocks were under pressure for a third straight session on Thursday after digesting mixed economic data while it looks ahead to a key labour market report.Stocks “struggled to get traction...
Energy giants’ exits deflate Vietnam’s offshore wind ambitions
The obstacles to fully realising the country’s potential for generating wind power are regulatory, economic, technical and even tied to security[HO CHI MINH CITY] Despite its vast offshore wind...
