Business
Chinese shipyards’ market share falls to 52% amid US port fees concerns, says Bimco
The market share of Chinese shipyards dropped by almost a third from January to June this year amid concerns about upcoming fees on…
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Business
Business
Amara announces it will delist from SGX mainboard on Jul 21
Hotel and property group Amara Holdings announced on Thursday (Jul 17) that it will be officially delisted from the mainboard of the…
Business
China probes US$100 underwriting fee amid Xi price war clampdown
China is investigating some of the nation’s top investment banks over bond underwriting fees that hit below US$100, as regulators expanded…
Business
Imperial Group Taps Into Renewed Opportunities for Contemporary Market
MILAN — At a time of global upheaval caused by geopolitical and economic headwinds, business woes are trickling down to all fashion…
Business
What is Laopu Gold? This Gen Z darling soared 2,000% and now it’s opened a store in Marina Bay Sands
Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been…
Business
What is Laopu Gold? Its stock soared 2,000% and now it’s opened a store in Marina Bay Sands
Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been…
Business
Asia: Stocks struggle as traders eye Fed saga, trade war
Asian markets fluctuated on Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking the…
Business
Walmart eliminates hundreds of store-support and training jobs
The company aims to staff the academies differently based on the needs and number of participants and plans to add some new roles Walmart…
Business
Scale AI to cut 14% of staff following Meta investment
Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in…
Business
Digital Security Expert Kayode AyinOluwa Helps Shape Future of AI Safety Protocols in Healthcare
Healthcare systems worldwide grapple with artificial intelligence tools promising medical breakthroughs, which also expose patient data to…
Business
Smart Supply Chains: 5 Strategic AI Use Cases Driving Supply Chain Innovation
Artificial Intelligence (AI) is revolutionizing supply chain management by enhancing efficiency, agility, and resilience across global…
Business
Thailand seeks ways to curb gold price impact on currency
Thailand’s central bank and the finance ministry are discussing ways to address currency moves that are not aligned with fundamental…
Business
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager
ST Engineering is expected to get a one-off gain of around S$80 million from the proposed sale ST Engineering’s wholly owned subsidiary,…
Business
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
ST Engineering’s wholly owned subsidiary, ST Engineering Urban Solutions, has entered into an agreement with SP Group to divest their…
Business
Fed’s Williams says tariff economic impact is only just starting
Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow central…
Business
Fed’s New York president says tariff economic impact is only just starting
US Federal Reserve Bank of New York President John Williams said that monetary policy is in the right place to allow central bankers to…
Business
Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a…
Business
Stocks to watch: ST Engineering, Frasers Logistics & Commercial Trust, mm2 Asia, HRnetGroup
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 17): ST Engineering: The group…
Business
Stocks to watch: ST Engineering, FLCT, mm2 Asia, HRnetGroup, Ossia
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 17): ST Engineering: The group…
Business
Tesla readies a six-seat version of the Model Y for China
Tesla is preparing to launch a longer, six-seat version of its Model Y sport utility vehicle in China, where the carmaker has been losing…
Business
Couche-Tard abandons 6.8 trillion yen bid to acquire Seven & i
Canada’s Alimentation Couche-Tard has abandoned its 6.8 trillion yen (S$59 billion) bid to buy Seven & i Holdings, saying the Japanese…
Business
Goldman Sachs profits jump as CEO eyes more merger activity
Goldman Sachs reported a jump in second-quarter profits on Wednesday behind significant increases in financial advisory revenues that…
Business
Haagen-Dazs maker prices debt for 4.4 billion euros payout to owners
Froneri International, the maker of Haagen-Dazs ice cream, is wrapping up commitments for a debt deal to help fund one of the largest…
Business
US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked…