Technology
Tesla launches redesigned Model Y in China, seeking to fend off rivals
TESLA launched a new version of the Model Y, its best-selling car, in China on Friday (Jan 10), hoping that a redesigned exterior and upgraded features inside will help...
Miyoshi chief executive fined S$22,400 for accounting irregularity
THE chief executive and executive director of Miyoshi, Andrew Sin Kwong Wah, has been fined S$22,400 for failing to recognise an impairment loss in its financial statements for the...
Hyundai launches 2.85 million yen EV in Japan to penetrate EV-wary market
SOUTH Korea’s Hyundai Motor said on Friday (Jan 10) it will introduce the cheapest compact electric car in Japan, to penetrate a market dominated by local auto giants with...
PBOC says it will temporarily halt buying of government bonds
CHINA’S central bank said it will temporarily halt its buying of government bonds, after the benchmark yield slid to a record low this month. The People’s Bank of China...
Singapore banks reverse midweek gains on Friday, dragging STI down 1.6%
SINGAPORE equities fell on Friday (Jan 10), driven by losses in the banks and other Straits Times Index (STI) counters. The benchmark index declined 1.6 per cent or 61.04...
Manulife US Reit to post FY2024 loss as its portfolio value falls 9.3%; divestment talks continue
THE portfolio value of Manulife US Real Estate Investment Trust (MUST) as at Dec 31, 2024 fell 9.3 per cent or US$116.6 million to US$1.1 billion, going by independent...
Wall Street bonuses to jump by double digits at big banks
ATOP Wall Street’s largest investment banks, executives are locking in plans to award traders and dealmakers their biggest bonus increases since the pandemic, with 10 per cent hikes –...
Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
OIL prices rose more than 1 per cent on Thursday (Jan 9) as cold weather gripped parts of the United States and Europe, boosting winter fuel demand.Brent crude futures...
Karen Bass: Los Angeles Mayor Goofs Up as She Directs People to Get Help at ‘URL’ as Wildfires Ravage Hollywood Boulevard
Los Angeles Mayor Karen Bass is facing backlash after being labeled the "most incompetent politician in America" for botching up a fire emergency website address. At a press conference...
