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China opens import expo under anti-disease controls

Markets

Retail, F&B sales in Singapore fall again in September

SINGAPORE: Retail sales in Singapore fell by 10.8 per cent year-on-year in September, the Department of Statistics (SingStat) said on Thursday (Nov 5), a steeper decline compared to the 5.4 per cent drop in August. The larger decline in September was mainly attributed to the computer and ...

Markets

Canada’s Bombardier profit drops on lower transportation demand

Plane and train maker Bombardier Inc posted a 31per cent fall in third-quarter profit on Thursday, hurt by weak performance of its transportation unit due to COVID-19-driven disruptions.

Markets

VW CEO says Biden victory would better suit carmaker’s strategy

Volkswagen Chief Executive Herbert Diess on Thursday said a victory by Democrat Joe Biden in the U.S. presidential race would better suit the German carmaker's efforts to mass produce electric cars across the globe.

Markets

For some Ant investors, outrage that regulatory risks weren’t flagged better

Some professional investors who bought Ant Group stock in its US$37 billion IPO are fuming that regulatory risks were not better flagged, especially given they had to jump through hoops to participate in the fintech giant's tightly managed roadshow.

Markets

Western Digital to increase Malaysia investments by US$555 million: PM

Western Digital has decided to increase investments in Malaysia by 2.3 billion ringgit (US$554.6 million) to upgrade the hard disc drive manufacturer's production capacity, Prime Minister Muhyiddin Yassin said on Thursday.

Markets

Tesla’s Musk in Berlin to interview engineers for new gigafactory

Tesla Inc Chief Executive Elon Musk has travelled to Germany and plans to interview engineers for the U.S. electric carmaker's new gigafactory in Berlin in person on Friday.

Markets

Exclusive: India-made COVID-19 vaccine could be launched as early as February – government scientist

An Indian government-backed COVID-19 vaccine could be launched as early as February - months earlier than expected - as last-stage trials begin this month and studies have so far showed it is safe and effective, a senior government scientist told Reuters.

Markets

US futures jump as potential Washington gridlock signals less regulatory risk

U.S. stock index futures jumped on Thursday as investors were optimistic that a potential gridlock in Washington could reduce the chance of major policy changes, although concerns remained about the risk of a contested presidential election.

Markets

ArcelorMittal beats profit expectations after lockdown low

ArcelorMittal , the world's largest steelmaker, reported third-quarter core profit above expectations on Thursday as the easing of COVID-19 lockdowns led to improved demand in all regions.

Markets

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