BUSINESS & FINANCE

BUSINESS & FINANCE

BUSINESS & FINANCE

• Mercedes-Benz to Pay US$608 Million to Settle Emissions Manipulation Case in the U.S.

  (Stuttgart/Washington, 23rd) Attorneys general from all 50 U.S. states have jointly accused Mercedes...

• Singapore’s Core Inflation Eases to 1.2% in November

  (Singapore, 24th) Singapore’s inflation has been stabilising, helped by softer inflation in retail a...

• Nike’s Performance Slips Further — Apple CEO Steps In With a Big Buy

  Apple (Apple) CEO Tim Cook (Tim Cook) has stepped in to support Nike (Nike) by making a sizeable per...

• Bursa Malaysia Trading Stays Quiet as Investors Sit Out on Christmas Eve

  (Kuala Lumpur, 24th) Bursa Malaysia remained quiet ahead of Christmas Eve, with the FBM KLCI edging ...

• [Bursa Malaysia IPO Wave] IPOs Split the Market — Five Top Winners See Shares Double

  (Kuala Lumpur, 26th) With Huashang Green Energy (GENERGY, 5343, Main Market Energy) listing on the 1...

• Ringgit Rallies on Two Fronts — Up to 4.03 vs USD, Gains Even More vs SGD

  (Kuala Lumpur, 26th) The ringgit extended its post-Christmas rally. As of 9:30 a.m., it strengthened...

• China’s November Shipments of Overseas Brand Smartphones Surge 1.3 Times, Led by iPhone

  (Beijing, 26th) Data released by the China Academy of Information and Communications Technology, und...

• Christmas Gifts Often Miss the Mark — U.S. Returns Surge Past 4.04 Trillion

  (Washington, 26th) Gift exchanges are often the highlight of Christmas, but for many Americans, the ...