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Didi reports bigger loss as incentives, EV bet continue to weigh
DIDI Global’s net loss grew in the March quarter, after climbing marketing costs and losses on its stake in electric vehicle-maker XPeng outweighed a revenue boost.
China’s leading ride-hailing provider’s...
Didi reports bigger loss as incentives, EV bet continue to weigh
DIDI Global’s net loss grew in the March quarter, after climbing marketing costs and losses on its stake in electric vehicle-maker XPeng outweighed a revenue boost.
China’s leading ride-hailing provider’s...
Reitas’ new exco elects Keppel Reit chief to continue as president
KOH Wee Lih, Keppel real estate investment trust (Reit) management’s chief executive officer has been elected by the Reit Association of Singapore’s (Reitas) incoming executive committee (exco) to continue...
Wilmar, Raffles Medical chairs continue adding to stakes
Institutions were net buyers of Singapore stocks over the five trading sessions through to May 9, with S$15.3 million of net institutional inflow, as 23 primary-listed companies conducted buybacks...
WTI expected to continue pullback before rebounding
WTI oil prices have pulled back since mid-April after the market priced out a risk premium from oil prices. This came after Iran’s indication of no immediate retaliation against...
Mercedes says it will continue to invest in China tie-ups
MERCEDES Benz’s China chief said on Thursday (Apr 25) that the company would continue to invest in tie-ups with Chinese partners such as Internet firm Baidu, noting China was...
Japan’s historic stock market rally expected to continue despite current pullback
THE SGX Nikkei 225 Index Futures contract is based on the underlying Nikkei 225 Index, the premier benchmark for Japanese equities. The three largest constituents of the index include...