Lifestyle
SoftBank unveils US$3.4 billion buyback amid pressure from investors
JAPANESE technology investor SoftBank Group said on Wednesday (Aug 7) it plans to buy back a hefty US$3.4 billion in shares, answering in part calls from Elliott Management and...
Hyundai to invest one billion baht in Thailand for EV assembly, batteries
SOUTH Korean automaker Hyundai Motor Company will invest one billion baht (S$37 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, the country’s...
Indonesia launches China-built anode plant for EV batteries
INDONESIA’S President Joko Widodo on Wednesday (Aug 7) inaugurated a plant built by China’s BTR New Material Group and Singapore’s Stellar Investment that will produce anode materials for electric...
PBOC eases support for yuan as short covering fuels rebound
THE People’s Bank of China (PBOC) pulled back its daily support for the yuan to the lowest in a year on Wednesday (Aug 7), at least by one measure.The...
EV fund outflows hit US$1.6 billion as Trump fears add to slowdown
INVESTORS are rushing out of electric vehicle (EV) focused funds as growth forecasts cool and with a potential reelection of Donald Trump seen posing a further challenge to profits.EV...
BlackRock, Nasdaq seek rule change to list options on spot Ethereum ETFs
BLACKROCK and exchange operator Nasdaq have proposed a rule change to list and trade options for the asset manager’s spot Ethereum exchange-traded fund (ETF), according to a regulatory filing...
Singapore shares rise at Wednesday’s open; STI up 1%
SINGAPORE shares started trading in the positive territory on Wednesday (Aug 7) mirroring overnight gains in global markets.As at 9.01 am, the Straits Times Index (STI) opened 1 per...
Stocks to watch: Venture, Riverstone, Dyna-Mac, Cromwell E-Reit, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Aug 7):
