Lifestyle

Canada to hit China with tariffs on electric vehicles, steel
Canada to hit China with tariffs on electric vehicles, steel
August 26, 2024
Canada will impose new tariffs on Chinese-made electric vehicles, aluminium and steel, lining up behind western allies and taking steps to protect domestic manufacturers. The government announced a 100 per...
US: S&P 500, Dow open higher on increased Sept rate cut bets, Nvidia results on tap
US: S&P 500, Dow open higher on increased Sept rate cut bets, Nvidia results on tap
August 26, 2024
The S&P 500 and the Dow opened higher on Monday (Aug 26), with markets focused on results from AI-darling Nvidia and a key inflation report due later in the...
China’s PDD Holdings misses quarterly revenue estimates
China’s PDD Holdings misses quarterly revenue estimates
August 26, 2024
CHINA’S PDD Holdings missed market estimates for quarterly revenue on Monday (Aug 26), as reduced consumer spending dented business at its domestic e-commerce platform Pinduoduo, sending the company’s shares...
Malaysia’s Petronas sues South Sudan over abandoned oil fields
Malaysia’s Petronas sues South Sudan over abandoned oil fields
August 26, 2024
A UNIT of Malaysian oil and gas giant Petroliam Nasional sued South Sudan for allegedly blocking a sale of its assets for US$1.25 billion and instead taking over that...
India markets regulator pull up Paytm founder, director on IPO breaches, Moneycontrol reports
India markets regulator pull up Paytm founder, director on IPO breaches, Moneycontrol reports
August 26, 2024
INDIA’S markets regulator has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm’s November 2021 IPO over alleged misrepresentation...
Jumbo listings set to boost Japan’s market as sentiment recovers
Jumbo listings set to boost Japan’s market as sentiment recovers
August 26, 2024
TWO jumbo initial public offerings may roughly triple the amount of money raised in Japan’s stock market this year as sentiment bounces back from this month’s sell-off. Subway operator Tokyo...
Man sentenced to four weeks’ jail for false trading in KOP shares
Man sentenced to four weeks’ jail for false trading in KOP shares
August 26, 2024
He bought the company’s shares to push up the share price in order to avoid margin calls being triggered in his margin trading accountsTay Ming Hin, listed as the...
Dutch hit Uber with 290 million euro fine over driver data
Dutch hit Uber with 290 million euro fine over driver data
August 26, 2024
The Dutch data protection watchdog said on Monday (Aug 26) it hit ride-hailing app Uber with a 290-million-euro (S$422.4 million) fine over the transfer of personal data of European...
Silverlake Axis receives privatisation offer with Salt=
Silverlake Axis receives privatisation offer with S$0.36 per share cash option
August 26, 2024
A GROUP led by Silverlake Axis chairman Goh Peng Ooi has made a voluntary unconditional offer to take the enterprise technology company private at S$0.36 in cash per share,...
Indonesia’s incoming leader hopes to implement 50% palm based biodiesel in 2025
Indonesia’s incoming leader hopes to implement 50% palm based biodiesel in 2025
August 26, 2024
INDONESIA president-elect Prabowo Subianto hoped to implement mandatory 50 per cent palm oil-based biodiesel blending by early next year, which he said would cut fuel imports by US$20 billion...