Culture
Ford asks UK for subsidies to boost electric vehicle sales
FORD Motor is calling on the UK government to reintroduce subsidies to help carmakers hit sales targets as consumers shun electric vehicles (EVs).Chancellor of the Exchequer Rachel Reeves needs...
US sets preliminary new duties on solar imports from South-east Asia
THE US Commerce Department on Tuesday (Oct 1) announced anti-subsidy countervailing duties on solar cells imported by companies in Vietnam, Cambodia, Malaysia and Thailand that were lower than some...
Volkswagen budget brand unveils 33,000 euros electric SUV in answer to BYD
VOLKSWAGEN’s (VW) Skoda unwrapped a 33,000 euros (S$47,044) electric SUV as Europe’s biggest automaker tries to weather a slump in demand and intensifying competition from China.The Elroq is available...
Apple readies new iPhone SE model that kills the home button
APPLE, fresh off the release of the iPhone 16, is preparing to announce a new low-end phone early next year alongside upgraded iPads. The company is nearing production of...
Nike withdraws annual revenue forecast, shares drop 6%
NIKE shares dropped 6 per cent after hours on Tuesday as the company withdrew its annual revenue forecast and postponed its investor day, weeks before a new CEO takes the...
Bitcoin falls as investors retreat to haven assets amid conflict
BITCOIN fell by the most in almost a month as riskier assets slumped while the conflict in the Middle East escalated, undercutting the argument that digital assets are a...
Tempering CEO pay will help build a stronger local bourse
Lower executive compensation supports profitability, buy-in for capitalism and business sustainability THE chief executive officer (CEO) of a listed group has a tough job. He/she needs to motivate a large...
The impact of climate risk on financial reporting
AS GLOBAL warming accelerates, there is a critical need for climate-related risks to be reflected in financial reporting, as traditional reporting methods do not adequately account for the impact...
Germany inaugurates IBM’s first European quantum data centre
CHANCELLOR Olaf Scholz on Tuesday (Oct 1) inaugurated US firm IBM’s first quantum data centre in Europe, saying Germany aims to be at the forefront of the revolutionary technology.
The...
China clean energy sector eyes US$100 billion in overseas spending
CHINA’S world-leading clean energy companies are investing more abroad amid fierce domestic competition and trade tensions with rivals like the US, according to a report by Climate Energy Finance.
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