Technology

Evonik ramps up animal-feed protein production with new plant expansion
Evonik ramps up animal-feed protein production with new plant expansion
GERMAN chemicals giant Evonik announced on Wednesday (Aug 28) that it has expanded its methionine facility on Jurong Island, adding 40,000 tonnes to its total production capacity. (*see amendment...
Opinion: How bringing back the woolly mammoth could save species that still walk the Earth
As more species are pushed to the brink of extinction, conservationists are responding to our biodiversity crisis in new and sometimes controversial ways. One such novel approach could be...
China’s two richest people lose billions in consumer stock rout
China’s two richest people lose billions in consumer stock rout
RECORD-breaking stock sell-offs in two of China’s biggest consumer companies erased more than US$16 billion from the fortunes of the nation’s richest people, underscoring deepening investor concern over the...
Meituan’s sales beat estimates on strong food delivery demand
Meituan’s sales beat estimates on strong food delivery demand
MEITUAN’S quarterly revenue beat estimates after its core food delivery business expanded, offering a positive signal to investors increasingly worried about domestic consumer malaise. The dominant player in Chinese meal...
Malaysia Airlines’ air operator certificate cut to 1 year after technical issues
Malaysia Airlines’ air operator certificate cut to 1 year after technical issues
The airline’s parent, Malaysia Aviation Group, will take immediate steps to address significant issues that led to operational difficultiesMalaysia’s civil aviation regulator has cut the duration of Malaysia Airlines’...
Momentum gauge signals risk to South-east Asia currency rally
Momentum gauge signals risk to South-east Asia currency rally
The Relative Strength Index for a regional gauge has breached 80, well above levels in which a currency is typically considered overbought The blistering rally in South-east Asian currencies...
Citigroup sees more Asia dealmaking activity in coming quarters
Citigroup sees more Asia dealmaking activity in coming quarters
DEALMAKING activity in Asia-Pacific is set to grow over the coming quarters amid a boom in markets including India, Taiwan and Japan, and a strong pipeline of transactions from...
BOJ deputy governor sees rate hike justified if outlook realised
BOJ deputy governor sees rate hike justified if outlook realised
DEPUTY governor Ryozo Himino said the Bank of Japan (BOJ) will raise interest rates as long as inflation moves in line with the bank’s view, underscoring the central bank’s...
Australian inflation cools, RBA set to retain hawkish bias
Australian inflation cools, RBA set to retain hawkish bias
A GAUGE of Australian monthly inflation cooled in July, suggesting price pressures began to ease in the current quarter though not fast enough to warrant early interest-rate cuts.The consumer...
China’s BYD aims to get half of auto sales from global markets
China’s BYD aims to get half of auto sales from global markets
CHINA’S top-selling automaker BYD expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global production hubs to...