Boosts
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China cash squeeze rolls on even after PBOC liquidity boosts
CHINA’S cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike in demand for funds. The volume-weighted average rate…
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Airbus Boosts Plane Deliveries In 2024
Airbus delivered its first A321XLR extra long range aircraft last year AFP European plane maker Airbus said Thursday it increased aircraft deliveries to 766 as the company still struggles to…
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Disney boosts dividend 33% after achieving streaming profit
WALT Disney raised its annual dividend by 33 per cent to US$1 a share, another sign that a turnaround plan put in place two years ago is paying off. The…
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Sanofi boosts preparedness with S$800 million Singapore plant
Modulus can also be reconfigured within a few days to transform between technological platforms, a process which traditionally takes months or years SANOFI added a new plant in Singapore to…
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US: Wall St opens higher as Trump’s Treasury selection boosts sentiment
WALL Street’s main indexes opened higher on Monday (Nov 25), with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent’s nomination as Treasury Secretary in…
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Siemens Energy boosts mid-term targets on infrastructure boom
SIEMENS Energy raised its mid-term targets after demand for its grid technologies helped offset losses at its beleaguered wind-turbine division. Revenue is likely to grow at a high single-digit to…
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Volkswagen boosts bet on Rivian’s EV technology by US$800 Million
VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype electric vehicle (EV), signalling their commitment even as global EV demand…
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Shakeup of Indian airlines boosts competition, business seats
INDIA’S airlines are set for a landmark week, with two milestones days apart, that will redefine the competitive landscape in one of the world’s fastest-growing aviation markets. Vistara operates its…
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StanChart boosts return plan to US$8 billion as profit beats
STANDARD Chartered vowed to return at least US$8 billion to investors by 2026 as it reported better-than-estimated third-quarter earnings on its wealth business and markets trading. The London-headquartered bank said…
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Google parent Alphabet’s AI spending boosts cloud business, ad sales
GOOGLE parent Alphabet topped third-quarter revenue and earnings expectations on Tuesday (Oct 29), helped by an artificial intelligence (AI) driven 35 per cent surge in its cloud business as well…
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Asia Markets Split After Tesla Boosts Wall Street
Japanese shares fell but Chinese markets gained in a disjointed start to Asian trade on Friday, after Wall Street cheered strong results from electric car giant Tesla. Elon Musk’s company…
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Sinwar’s Killing Boosts Netanyahu But Still No Sign Of War Ending
The killing of Hamas leader Yahya Sinwar is a political victory for Israeli Prime Minister Benjamin Netanyahu but divisions remain in Israel over his strategy for securing the release of…
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GDP growth boosts market sentiment; STI up 0.6%
SINGAPORE stocks cheered robust gross domestic product growth data released on Monday (Oct 14). The benchmark Straits Times Index (STI) was up 0.6 per cent or 22.15 points at 3,595.91…
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Citadel boosts Asia fundamental equities headcount past 60
CITADEL’S US$64 billion hedge fund business has increased its Asia fundamental equities headcount to more than 60 people in just over three years, according to sources familiar with the matter.…
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Toyota boosts investment in air taxi maker Joby Aviation
TOYOTA Motor is boosting its investment in air taxi manufacturer Joby Aviation by US$500 million to support plans for commercial production, bringing its total investment in the company to US$894…
