Lifestyle
Philips’ second-biggest investor raises stake after apnoea deal
This comes after Exor, its largest shareholder, increased shareholding in the company to 17.5% from 16.1%A SECOND major Philips investor raised its holding in the medical technology giant, two...
Yen slides to fresh lows, market ‘challenges’ Japan authorities to act
The yen traded at fresh 38-year lows against the dollar and a record trough against the euro on Wednesday (Jul 3), as the currency continued its downward grind, with...
DBS, OCBC and UOB surge to 45% of the STI
This comes after the share prices of DBS and OCBC hit new highs, with DBS comprising about a fifth of the benchmark index’s market capAFTER a strong performance this...
PwC names new China head amid regulatory scrutiny
Daniel Li assumed the role of chairman of PwC China and Asia-Pacific with effect from Jul 1PRICEWATERHOUSECOOPERS (PwC) has named in-house executive Daniel Li as its new China head,...
India asks utilities to order US$33 billion in equipment to boost coal power output
India has asked power companies to order equipment worth US$33 billion this year to fast track capacity additions of coal-fired power in the years ahead, as the South Asian...
SoftBank trades above record-high close in win for Masayoshi Son
SOFTBANK Group shares traded above the company’s lifetime closing high for the first time in three years, buoyed by a global surge in artificial intelligence (AI) and chip investment.The...
EU takes aim at China’s Temu and Shein with proposed import duty: FT
THE European Union is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu and Shein, the Financial Times reported on Wednesday,...
Amazon counts on ‘grit and innovation’ to meet AI surge
THE artificial intelligence (AI) revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT.To satisfy their generative AI urge,...
