Business
ECB may wait until December to make final rate cut: survey
The European Central Bank (ECB) can delay its final interest-rate cut until December without investors concluding in the meantime that…
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Business
Business
Cinemas weigh launching new large screen brand to challenge Imax
Some of the largest US theatre chains, including Cinemark, Regal and Marcus, have held preliminary talks about jointly marketing their…
Business
Cathay cinema survived a world war, but there may not be a sequel for the icon
Cathay cinema could face its final curtain call after 85 years, as streaming and shifting consumer patterns deal a fatal blow to theatres…
Business
Warburg Pincus-backed data centre operator Princeton Digital bags US$1.3 billion from Stonepeak
Warbug Pincus-backed Princeton Digital Group announced on Friday (Jul 18) that it secured US$1.3 billion in funding from Stonepeak, a…
Business
Japan, EU to explore joint rare earths procurement: Nikkei
Japan and the European Union will consider joint public-private partnerships as they look to reduce their reliance on China in areas such…
Business
DBS shares rally to a new record as the STI clocks yet another high
DBS shares hit a new high on Friday morning (Jul 18), bringing the Straits Times Index (STI) to a fifth consecutive record this week in…
Business
Couche-Tard’s failed bid for Seven & i sparks debate over Japan
Alimentation Couche-Tard’s decision to walk away in frustration from an attempted acquisition of Seven & i Holdings set off a debate in…
Business
Seven & i risks becoming buyout target again if turnaround fails
Even after fending off Alimentation Couche-Tard’s unsolicited 6.77 trillion yen (S$58.5 billion) takeover approach, Seven & i Holdings…
Business
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest…
Business
Gold heads for weekly dip as strong dollar, US data weighs
Gold was flat in early Asian trade on Friday (Jul 18), heading for a weekly fall, weighed down by an overall stronger US dollar and solid…
Business
US set to impose 93.5% duty on China battery material
The US Commerce Department imposed preliminary anti-dumping duties of 93.5 per cent on Chinese imports of graphite, a key battery…
Business
UN talks with rival leaders of Cyprus fail to reach deal on new border crossings
UNITED NATIONS (AP) — The United Nations chief said Thursday that he would have liked more results from his meetings with the rival…
Business
Food Empire, AirAsia partner to launch ready-to-drink beverages
It will kick-off with a Vietnamese iced coffee product that will be sold on flights of the airline Food Empire will collaborate with…
Business
Food Empire partners AirAsia to launch ready-to-drink beverages
The tie-up kicks off with a Vietnamese iced-coffee product to be sold on board the airline’s flights Mainboard-listed Food Empire will…
Business
China threatens to block Panama ports deal unless its shipping giant gets stake: report
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block…
Business
Stocks to watch: OCBC, Singtel, Wilmar, Food Empire, Telechoice
The following companies saw new developments that may affect trading of their securities on Friday (Jul 18): OCBC, Singtel: The bank will…
Business
Why Tariffs (Probably) Won’t Cause Inflation (But Still Raise Prices)
Not all bad economic policy is inflationary, and not causing inflation doesn’t make economic policy good. Source link
Business
Bain seeks next airline after tripling money on Virgin Australia
Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia Holdings. The US buyout…
Business
Lululemon’s best-selling black leggings pile up at outlet stores
Lululemon Athletica is facing slowing sales, fewer store visitors and waning demand for its iconic black leggings as the yogawear retailer…
Business
US: S&P 500, Nasdaq end at record highs after solid retail data
Wall Street stocks rose to fresh record highs on Thursday (Jul 16) as markets focused on solid US retail sales data and corporate earnings…
Business
Europe: Shares see first daily gain in five on strong earnings
European shares snapped a four-day losing streak on Thursday (Jul 16), boosted by gains in industrials ABB and Legrand after they reported…
Business
Consumers Are Focused on AI-Powered and Value Spending, While Retailers Face Supply Chain Challenges for the Second Half of 2025
The first half of the year was a learning curve for everyone. The economic uncertainties with the ever-changing tariffs put in place,…
Business
Saks Global Posts Q1 Top- and Bottom-line Declines, but Underscores Progress ‘Transforming’ the Business
Business across the luxury landscape is tough and Saks Global is feeling it. On Thursday, Saks Global released its first-quarter figures,…
Business
Amazon’s AWS cloud computing unit cuts jobs
Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a Reuters…