Real Estate
China’s Comac takes on Boeing and Airbus
THE C919 - China’s answer to Boeing’s 737 and Airbus’ A320neo - was one of the highlights at the recent Singapore Airshow. The showcase was part of state-owned planemaker...
BYD bolsters Japan push with EV lineup, dealership network
BYD will introduce a series of new models and expand its dealership network in Japan, where the Chinese electric vehicle (EV) giant has struggled to infiltrate a developed market...
Cordlife posts 50.3% lower H2 profit; sets up Vietnam subsidiary
CORDLIFE Group’s net profit for the second half ended Dec 31, 2023, declined 50.3 per cent to S$1.5 million from S$3 million in the year prior. The private cord...
SEC is investigating OpenAI over its board’s actions
THE Securities and Exchange Commission began an inquiry into OpenAI soon after the company’s board of directors unexpectedly removed Sam Altman, its CEO, at the end of last year,...
Stocks to watch: IHH Healthcare, Cosco Shipping, MLT, FCT, ComfortDelGro
THE following companies saw new developments that may affect trading of their securities on Friday (Mar 1):IHH Healthcare: The integrated healthcare provider reported earnings of RM727.5 million (S$205.8 million)...
Boeing agrees to US$51 million settlement for US export violations, including in China
BOEING said on Thursday it had reached a US$51 million settlement with the US State Department for numerous export violations including Chinese employees in China improperly downloading documents related...
Nintendo sues company for piracy on ‘colossal scale’
SUPER Mario giant Nintendo has filed a lawsuit against a US maker of software that allows video gamers to play games intended for its hugely popular Switch device on...
G20 hears a US$250-billion-a-year idea: tax the super-rich
FRENCH economist Gabriel Zucman brought a US$250-billion-a-year idea to top policy makers from the world’s biggest economies on Thursday: slap an international wealth tax on the super-rich. Zucman, a...