Business
Uniqlo owner Fast Retailing posts record profit for fourth year
The apparel maker beats its own forecast, with operating profit jumping to 564.3 billion yen Japan’s Fast Retailing, owner of global…
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Business
Business
Asia’s Reit market ‘finally recovering’ amid lower interest rates and new listings: Aprea
The real estate investment trust, or Reit, market in Asia is “finally recovering” on the back of lower interest rates, higher investor…
Business
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75% The Philippine central bank unexpectedly cut the…
Business
Porsche’s China sales slump 21% on muted luxury demand
The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track Porsche’s sales in China…
Business
Microsoft vies for scarce clean power in Asia chipmaking nations
Microsoft warned that it is competing for limited supplies of clean electricity in parts of East Asia, even as its window to achieve a key…
Business
JPMorgan CEO Dimon warns of US stock market correction risk: BBC
JPMorgan Chase CEO Jamie Dimon warned of a heightened risk of a significant correction in the US stock market within the next six months…
Business
Global Resale Market Set to Grow to $360 Billion by 2030, Says BCG
PARIS — The global resale market for fashion and luxury goods is continuing to soar, projected to reach between $320 billion and $360…
Business
HSBC is tackling Hong Kong’s commercial real estate crisis
For those concerned with financial stability, HSBC Holdings. is doing the right thing by taking its Hong Kong subsidiary private. But its…
Business
SGX to sharpen focus on ecosystem initiatives to sustain equity market growth
To maintain the momentum of the recent uplift in local equities, the Singapore Exchange (SGX) will focus on expanding its product…
Business
Behind the Screens: The UX Designer Shaping Digital Finance
From eating, shopping to commuting, traveling, and managing money, nearly everything we do each day depends on digital platforms. And…
Business
TSMC posts forecast-beating Q3 revenue surge on AI boom
The company will report full third-quarter earnings on Oct 16, including an updated outlook for the current quarter and full year Taiwan…
Business
XDC Network Fuels GoodDollar's Vision for Universal Basic Income with $900K Grant
In a time when technology and AI are actively redefining the rules of money and how we earn it, financial inequality remains a persistent…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit; declares 0.48 sen final dividend
Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net profit of RM38.6 million (S$11.8 million) for its fourth quarter ended…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit
Company declares 0.48 sen final dividend; attributes improved performance to stronger demand Malaysian glove-maker Top Glove on Thursday…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit; returns to full-year profitability
It declares a 0.48 sen final dividend and attributes the improved performance to stronger demand Malaysian glove-maker Top Glove on…
Business
SingPost short interest spikes on uncertain direction and smaller scale
The short interest in Singapore Post (SingPost) shares has been surging since July, catapulting the counter to the top shorted stock on…
Business
US approves some Nvidia UAE sales in step of Trump AI diplomacy
Gulf nations have been subject to US restrictions on advanced AI chip shipments since 2023, over concerns that the technology could be…
Business
Competition watchdog clears Econ Healthcare acquisition, says deal has not substantially lessened competition
This is in view of the low market shares of the parties involved in the acquisition, among other reasons Singapore’s competition regulator…
Business
Indian central bank steps up offshore FX defence to shield rupee
The local currency’s one-month volatility against the US dollar has fallen sharply this month India’s central bank has ramped up its…
Business
Clear pathways to growth and prosperity in Asia amid global uncertainty: OCBC’s Tan Teck Long
The ‘golden era of globalisation’ now feels like a distant memory, says the bank’s deputy CEO While the world is facing a landscape marked…
Business
Asia: Stocks mixed as traders assess AI rally, US rates and shutdown
Technology firms have been riding to ever-higher levels this year, dragging equity markets with them as companies pump hundreds of…
Business
Posts falsely claim AI video shows moment Indonesian school collapsed
After part of a multi-storey Islamic boarding school in Indonesia collapsed while students gathered for afternoon prayers, an AI-generated…
Business
China tightens rare earth export controls, targets defence, semiconductor users
Chinese companies working overseas are also barred from working with companies overseas on rare earths without permission from the…
Business
Asia bonds look vulnerable as Fed rate cuts deliver less support
Central banks in Indonesia, India, Malaysia, Thailand, South Korea and the Philippines have trimmed their benchmark rates by a cumulative…