Culture
Fu Yu IDs ‘surprised’ at EGM requisition by largest shareholder following his failed application to be a director
The independent directors reiterate that they do not have any control over the day-to-day operations of the company PRECISION plastic components manufacturer Fu Yu Corporation’s independent directors (IDs) Royston Tan...
BMW sales slide after brake fault recall, China demand slump
BMW car sales slipped last year as a costly recall compounded a slump in demand in China that’s hit Germany’s automakers hard.
Sales of the group’s cars, which also include...
SingPost’s fired CEO Vincent Phang resigns from board
Phang is one of three senior management staff terminated over a whistle-blower’s report related to SingPost’s international e-commerce logistics parcels businessTHE former group chief executive of Singapore Post (SingPost),...
Singapore stocks fall amid regional rout; STI down 0.3%
Analyst says strengthened greenback has created overhang in risk sentiment across Asia SINGAPORE stocks fell on Monday (Jan 13) as investors digested stronger-than-expected US employment numbers, which dimmed interest-rate-cut...
China vehicle export growth to slow in 2025, association data shows
CHINA’S vehicle exports are expected to grow 5.8 per cent to 6.2 million units this year, cooling from a 19.3 per cent increase in 2024, data from the China...
Regency Steel Asia chairman fined S$350,000 for false trading of Hiap Hoe, Hotel Grand Central shares
THE Monetary Authority of Singapore (MAS) imposed a civil penalty of S$350,000 on Gui Boon Sui for conducting false and unauthorised trading of shares in Hiap Hoe and Hotel...
Smart glasses enter new era with sleeker designs, lower prices
PRODUCERS of hi-tech connected eyewear are multiplying their innovations with increasingly discreet models in an attempt to make a difference in a highly competitive – and fast-emerging – market.Live...
China’s central bank chief vows to supply ample liquidity
CHINA’S central bank chief said on Monday (Jan 13) the government will support moderately loose monetary policy to maintain ample liquidity as it tries to stimulate the economy and...
iPhone loses global market share with Apple AI absent in China
APPLE sold fewer iPhones and lost ground to Chinese rivals last year, reflecting the absence of Apple Intelligence in its largest market outside the US.The iPhone slipped a point...
Malaysia imposes anti-dumping duties on iron, steel imports from four countries
MALAYSIA’S trade ministry said it has imposed provisional anti-dumping duties on some flat-rolled products of iron or non-alloy steel exports from China, India, Japan and South Korea.The duties, on...
Prospects for South-east Asia telcos may soften in 2025, but non-core operations could be monetised
Maybank analysts predict 3% year-on-year rise in sector’s mobile and fixed revenue, down from 4% in 2024SOUTH-EAST Asian telcos have outperformed their global counterparts in 2024, but their prospects...
