Shift
Singapore to play ‘pivotal role’ as financial flows shift to South-east Asia amid trade tensions: Citi – The Business Times
SINGAPORE is set to play a “pivotal role” as capital flows shift amid uncertainty, with the world grappling with potential trade tensions in a Donald Trump administration, Citi said...
Apple ships US$6 billion of iPhones from India in big China shift
APPLE’s iPhone exports from India jumped by a third in the six months to September, underscoring its push to expand manufacturing in the country and reduce dependence on China.The...
Porsche flags cost cuts as China weakness, slowing electric-vehicle shift hits profits
Luxury sportscar maker Porsche on Friday (Oct 25) warned it may cut costs after a slower-than-expected transition towards electric vehicles and persisting weakness in the Chinese market caused nine-month...
TikTok slashes hundreds of jobs in AI shift
SOCIAL media platform TikTok said it will slash hundreds of jobs, with a significant number of employees in Malaysia expected to be affected, as the company shifts to AI-assisted...
ByteDance cuts over 700 jobs in Malaysia in shift towards AI moderation: sources
CHINA’S ByteDance, the parent of social media platform TikTok, has laid off more than 700 workers from its Malaysian unit as the company shifts focus towards greater use of...
Sudden shift in China metals sentiment drives LME Week optimism
METALS traders arriving in London for LME (London Metal Exchange) Week were in for a surprise as they caught up with friends and customers from China. For the last...
Iron ore rallies back above US$100 as China’s shift boosts outlook
Futures are on course for the highest close since August, rising 3.5 per cent to US$101.95 a tonne in Singapore IRON ore headed for the biggest weekly gain since...
Citibank to close last branch in Singapore in October amid shift to wealth hubs
CITIBANK will close its last branch in Singapore as it focuses on serving customers online and advising affluent clients at its wealth hubs.The US bank will on Oct 12...
