Markets

French car parts maker Faurecia said it was targeting record sales, profits and cash generation in 2022 as a result of its strategy program and the boost from its acquisition of Japanese company Clarion.

SINGAPORE: After months of negotiations, beleaguered home-grown water treatment firm Hyflux has confirmed a S$400 million restructuring deal with United Arab Emirates utility company Utico. In an announcement on Tuesday (Nov 26), Hyflux said Utico will subscribe to 95 per cent of its enlarged ...

SINGAPORE: Singapore's manufacturing output increased 4 per cent year-on-year in October, continuing the previous month's uptick in performance. This marks the largest year-on-year increase since November last year when factory output grew 6.8 per cent. On a seasonally adjusted month-on-month ...

BUSAN, South Korea: The Association of Southeast Asian Nations (ASEAN) and South Korea should work together to push for multilateral and regional economic integration, Singapore Prime Minister Lee Hsien Loong said on Tuesday (Nov 26). This was one way in which the regional bloc and the Republic of ......

UOB has partnered homegrown solar companies SolarGy, SolarPVExchange and Sunseap Group for the Singapore portion of its regional U-Solar programme, which connects Asian businesses and individuals with the lender's solar company partners to help clients go green by switching to solar power.

Tiffany was codenamed "Tea" and LVMH was "Latte" in the whirlwind talks that led to the US jeweller being taken over by the French luxury group for more than US$16 billion, in a homage to famed film Breakfast at Tiffany's.

Tesla Inc's chief executive, Elon Musk, will testify in his own defense against a defamation lawsuit brought by a British cave explorer, Musk's lawyer said on Monday in U.S. District Court in Los Angeles.

Japan is an unlikely bright spot for India's payments poster child. Facing fierce competition at home, Paytm has raised fresh funds from Ant Financial, SoftBank's Vision Fund and others, at a US$16 billion valuation. That comes as SoftBank boss Masayoshi Son plans a rejig with Japan's...

SINGAPORE: ComfortDelGro will soon roll out buses equipped with automatic brakes that will bring them to a stop if it "senses" an impending collision, said the transport operator on Tuesday (Nov 26). With the first of four buses hitting the road on Dec 1, the company said they will be the first ...

Monetary policy is "well positioned" to support the strong labor market, which is just now starting to benefit workers on the margins, Federal Reserve Chair Jerome Powell said Monday.