Lifestyle
Manulife faces 40% decline in US office investments from peak
MANULIFE Financial is facing a divided global office market, with the value of its United States office investments having plummeted by as much as 40 per cent from a...
IBM eyes first record since 2013 as AI optimism fuels 19% rally
ONE of the oldest companies in tech has been quietly trouncing some of the hottest stocks on Wall Street. International Business Machines recently hit its highest since 2013, putting...
Singapore stocks close slightly higher on Wednesday; STI up 0.1%
SINGAPORE shares ended marginally higher on Wednesday (Mar 20), despite an overnight rally on Wall Street that saw the S&P 500 hitting a record high. The Straits Times Index...
Volkswagen, Mobileye to bring new automated driving functions to series production
VOLKSWAGEN will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe’s biggest carmaker said on Wednesday (Mar 20)....
Intel wins almost US$20 billion in chips incentives for US plants
THE US will award Intel US$8.5 billion in grants and as much as US$11 billion in loans to help fund an expansion of its semiconductor factories, the Commerce Department...
Swiss financial regulator plans to stress-test UBS this year
SWISS financial regulator Finma said on Wednesday (Mar 20) it plans to carry out 40 reviews of UBS and two stress tests this year on the bank after its...
China’s Tencent posts weaker than expected revenue growth
CHINA’S Tencent Holdings posted a 7 per cent rise in fourth-quarter revenue on Wednesday (Mar 20), trailing analysts’ expectations, as China’s economic slowdown takes a toll. The world’s largest...
COE prices rise across the board except for commercial vehicles
THE prices of cars and motorcycles look set to rise, following higher certificate of entitlement (COE) premiums for such vehicles recorded at the latest tender exercise on Wednesday (Mar...
