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Boeing Slows Output of 737 Max Jets to 31 a Month due to Wing Systems Issues

Boeing Slows 737 MAX Production Due to Wing System Delays Production Rate Slowed to 31 per Month Boeing, the US planemaker, has slowed production of its 737 MAX jet to 31...
Singapore Business

Ho Bee Land Drops AVJennings Bid; Australian Property Developer to be Acquired by US Fund

Singapore-based Ho Bee Land Abandons Plan to Acquire Australian Property Developer AVJennings Real Estate Group Decides Not to Proceed...
Singapore Business

OpenAI to Raise $40 Billion in SoftBank-Led New Funding

OpenAI Secures $40 Billion in New Funding Round to Advance AI Research OPENAI said on Monday it would raise...
Singapore Business

Renault, Nissan further loosen ties to support Japanese firm’s turnaround.

Renault and Nissan Agree to Modify Partnership Terms to Aid Nissan's Recovery Partnership Amendments Aim to Boost Nissan's Competitiveness Automakers...
Singapore Business

Yen Gains, Gold Hits Peak as Tariff Uncertainties Lift Safe-Haven Bids

Uncertainty Clouds Economic Outlook as Tariffs Loom Markets on Edge Ahead of New Round of Reciprocal Levies The safe-haven Japanese...
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PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation.

Singapore Business Angela Lee Angela Lee -
PSA International Reports 25.2% Drop in Net Profit Operating Profit Falls 3.7% Despite Increased Operating Costs and Inflation Singapore-based port operator PSA International, a subsidiary of...

US: Wall St opens lower after data fans inflation worries

Singapore Business Angela Lee Angela Lee -
Wall Street Opens Lower Amid Rising Inflation Concerns Wall Street's main indexes opened lower on Friday (Mar 28) as data showed underlying price pressures...

UOB denies ‘baseless and defamatory’ claims by ex-Yang Kee CEO

Singapore Business Angela Lee Angela Lee -
UOB Rejects Allegations, Issues Warning to Ken Koh Singapore-based bank UOB has rejected allegations by Yang Kee Logistics' former chief executive officer, Ken Koh, that...

Asia: Markets mixed as autos suffer more tariff-fuelled losses

Singapore Business Angela Lee Angela Lee -
Asian Markets Mixed as Traders Prepare for US Tariffs Mood on Trading Floors Soured Asian markets were mixed on Friday as traders braced for next week's...

Lululemon plunges

Singapore Business Angela Lee Angela Lee -
Lululemon Athletica Shares Plummet Amid Disappointing Outlook Stock Falls 11% in Extended Trading Lululemon Athletica, the popular yogawear brand, has seen its shares drop 11% in...

Keppel eyes better market valuation as it sheds ‘conglomerate discount’

Singapore Business Angela Lee Angela Lee -
Keppel Aims for Better Valuation as it Diversifies and Transforms Keppel's Evolution from Conglomerate to Asset Manager Singapore-based global asset manager Keppel is seeking a better...
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