Business
Electronic Arts buyout talk highlights video game struggles as growth slows
Observers worry the move suggests EA executives are looking for an exit because of concerns about the future of the video-game industry…
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Business
Business
Magnificent 7 is passe. This group of AI stocks can replace it
Wall Street’s most powerful collection of stocks, the Magnificent Seven, is looking a tad dated. Make way for the Great Eight. Or maybe…
Business
Bon Appétit, Your Majesty Stars Girls' Generation Member Lim Yoona, and Others Share Final Thoughts
Bon Appétit, Your Majesty stars Lee Chae Min, Kang Han Na, Girls' Generation member Lim Yoona, and others have shared their final thoughts…
Business
TotalEnergies pressured on payouts, green strategy after debts double
The decision to cut buybacks is designed to help the company to contend with a net debt TotalEnergies is under mounting pressure to show…
Business
A Hundred Memories Episode 6: Everything We Know So Far
A Hundred Memories episode 6 will air on JTBC on Sunday (September 28) at 10:30 PM KST. Go Young Rye and Seo Jong Hee will deal with a…
Business
Jaguar Land Rover gets UK guarantee for £1.5 billion loan after cyberattack halts production
Jaguar Land Rover (JLR) will get backing from the UK government for a £1.5 billion (S$2.6 billion) loan aimed at easing the strain on…
Business
BMW recalls over 330,000 cars after finding engine fire risk
BMW is recalling at least 331,000 vehicles globally due to a defect in its starter motor, another such setback for the German carmaker…
Business
Growing spotlight on share placements
For the five sessions through to Sep 25, 18 primary-listed companies conducted buybacks with a total consideration of S$57.6 million Over…
Business
Centurion Accommodation Reit’s debut marks first pure-play portfolio of purpose-built worker and student housing assets
Centurion Accommodation Reit’s listing on Sep 25 marks the first pure-play purpose-built worker and student accommodation Reit, providing…
Business
How Asics Pulled Off the Most Ambitious Collaboration in Company History
As a general rule, sneaker collaborations tend to involve two brands, usually an athletic footwear company and a partner from the…
Business
A Hundred Memories Episode 5: Everything We Know So Far
A Hundred Memories episode 5 will air on JTBC on Saturday (September 27) at 10:30 PM KST. Go Young Rye, Seo Jong Hee, and Han Jae Pil will…
Business
Mercedes-Benz spins out Silicon Valley chip group into new company
Athos Silicon intends to raise venture capital from other investors. Mercedes-Benz on Friday (Sep 26) spun out into a new company a group…
Business
Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol
Indonesia state energy firm Pertamina said that fuel retailer Vivo Energy Indonesia (Vivo) has agreed to buy 40,000 barrels of petrol, out…
Business
Kraken in strategic investor talks at US$20 billion valuation
The crypto exchange has until this year raised only about US$27 million in primary capital Kraken is in advanced talks to raise new…
Business
China expands onshore repo access in push to boost yuan assets
Authorities have been stepping up efforts to promote the country’s debt and currency markets China is expanding access to its bond…
Business
Eurozone inflation at five-month high will keep ECB on hold
Eurozone inflation probably jumped to a five-month high in September, a reading that may reinforce policymakers’ resolve to avoid cutting…
Business
Emerging Label Oriane 1986 Is All About the Pants
There’s a hot new pants brand on the market. Oriane 1986, founded by designer Oriane Hazan, this month launched its first collection of…
Business
Electronic Arts nears takeover by Silver Lake, PIF
Video-game maker Electronic Arts, is in talks to be taken private by a consortium led by Silver Lake Management, Saudi Arabia’s Public…
Business
US: Wall Street indexes end up as investors weigh inflation data
Market participants have been concerned about economic data this week, weighing signs of a stronger economy against expectations for more…
Business
Europe: Shares recover from three-week lows, but weekly momentum fizzles
Traders now expect about 39 basis points of cuts by December, a slight pullback from earlier bets of over 40 bps, according to LSEG data…
Business
Lufthansa to cut thousands of jobs in pursuit of efficiency
The airline group intends to reduce its administrative staff by 20% in the coming years Lufthansa is expected to announce several thousand…
Business
ByteDance to get about 50% of TikTok US profit under Trump deal: sources
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority…
Business
Miniso to spin off Top Toy, list it in Hong Kong
The spinoff and subsequent listing would increase Top Toy’s operational and financial transparency Miniso said on Friday (Sep 26) it will…
Business
US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…