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Fiat Chrysler Says Peugeot Talks Progressing Despite GM Lawsuit

Fiat Chrysler Says Peugeot Talks Progressing Despite GM Lawsuit

Mei Ling Tan November 29, 2019

Fiat Chrysler (FCA) said on Thursday talks with Peugeot owner PSA Group to create a $50 billion carmaking group were going well, despite FCA being sued for “substantial damages” by…

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Jaguar Land Rover Chief Wants Alliances, Not A Merger

Jaguar Land Rover Chief Wants Alliances, Not A Merger

Mei Ling Tan November 29, 2019

Luxury automaker Jaguar Land Rover’s chief executive told Reuters he is open to more alliances to lower the costs of developing technology but is not looking for a full-blown corporate…

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Spotify joins forces with Amazon and Bose

Spotify joins forces with Amazon and Bose

Mei Ling Tan November 29, 2019

Just like arch-rival Apple, Spotify cares first and foremost about its music streaming service’s number of paying subscribers. Unlike Apple Music, though, the global leader of this thriving industry also…

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Google adds dynamic email support to Gmail on Android and iOS

Google adds dynamic email support to Gmail on Android and iOS

Mei Ling Tan November 29, 2019

Google Docs is not the only app the Mountain View company is improving this week. As the title says, Gmail, Google’s email app is getting important upgrades on both Android…

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Hanssem opens Nexus flagship in Seoul

Hanssem opens Nexus flagship in Seoul

Mei Ling Tan November 28, 2019

South Korean furniture maker Hanssem affiliate Nexus has launched a new flagship store in Seoul. The 3300sqft store targets Korea’s burgeoning luxury lifestyle consumership from its location in Nonhyun-dong, retailing…

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Indonesia’s Alfamart plans aggressive Philippine expansion

Indonesia’s Alfamart plans aggressive Philippine expansion

Mei Ling Tan November 28, 2019

Indonesian convenience-store chain Alfamart plans to open 100 new stores in the Philippines by year end. Since opening its first Philippine store in 2014, Alfamart has grown its store network…

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CapitaLand sells The Star Vista in Singapore

CapitaLand sells The Star Vista in Singapore

Mei Ling Tan November 28, 2019

CapitalLand has signed an agreement to sell The Star Vista to Rock Productions for S$296 million (US$217 million). The deal is about 13 percent higher than the property was valued…

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Commune to start retailing premium Samsung TVs

Commune to start retailing premium Samsung TVs

Mei Ling Tan November 28, 2019

Singapore furniture retailer Commune has become the first non-electronics authorized retailer for selected premium Samsung TVs. The exclusive partnership is a first-of-its-kind for both Samsung and Commune. It is unusual…

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Japanese used luxury-goods chain Komehyo opened in Bangkok

Japanese used luxury-goods chain Komehyo opened in Bangkok

Mei Ling Tan November 28, 2019

Japanese used designer products retailer Komehyo has launched in Bangkok. The CentralWorld shopping complex outlet opened on Friday in cooperation with local partner Saha Group. It is part of the…

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Nam Dae Mun to open its first global flagship store in Singapore

Nam Dae Mun to open its first global flagship store in Singapore

Mei Ling Tan November 28, 2019

The world’s first Nam Dae Mun flagship store will open in Singapore on Saturday, November 30 at 313@Somerset. The Shanghai-born brand now has more than 300 stores across China, and…

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South Korea’s E-Land Group completes US shoe business exit

South Korea’s E-Land Group completes US shoe business exit

Mei Ling Tan November 28, 2019

South Korean conglomerate E-Land Group is pulling its OTZ Shoes brand from the US market, six years after buying it. E-land Group, through its subsidiary E-Land USA Holdings, bought the…

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Kjus ski wear to open Beijing flagship store

Kjus ski wear to open Beijing flagship store

Mei Ling Tan November 28, 2019

Swiss-based ski wear brand Kjus is to open its flagship store in Beijing next month. The flagship store is part of the company’s strategy to expand in Chinese market after…

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Oriental Watch sales, profit holds firm despite turmoil

Oriental Watch sales, profit holds firm despite turmoil

Mei Ling Tan November 28, 2019

Oriental Watch has shrugged off the impact of ongoing Hong Kong protests, with sales down a mere 1.1 percent and improved gross profit in the half-year to September. Sales totaled…

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OCBC and DBS Provide Green Loans for Singapore Developer

OCBC and DBS Provide Green Loans for Singapore Developer

Mei Ling Tan November 28, 2019

Singapore developer Tiong Seng has secured S$125 million of green loans and performance-linked facilitates from OCBC and DBS, respectively. OCBC and DBS provided around $51.4 million and $40.4 million, respectively,…

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Standard Chartered Wants to Attract 7,000 Millennials in Singapore

Standard Chartered Wants to Attract 7,000 Millennials in Singapore

Mei Ling Tan November 28, 2019

Standard Chartered attracted 7,000 millennials to open new accounts with its JumpStart offering which targets the youth segment with a focus on low fees and thresholds. The JumpStart savings account…

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