Business
Nvidia marks Paris tech fair with Europe AI push
Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss…
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Business
Business
IFAs should hew to thinking of the market
[singapore] This column suggested last week that shareholders of Singapore Paincare think twice about accepting the recently announced…
Business
Europe: Shares slip as markets unfazed by US-China deal
EUROPEAN shares saw their early gains evaporate, closing in the red on Wednesday, as the much-anticipated US-China trade talks offered…
Business
US: Stocks rally fades after China trade framework
Wall Street stocks finished lower on Wednesday despite positive movement in the US-China trade conflict and a benign US inflation report.…
Business
Victoria’s Secret in ‘Recovery Phase’ After Cyber Incident
Hillary Super has been keeping busy at Victoria’s Secret & Co. Super — the former Savage x Fenty executive who took the reins at the…
Business
Oil Prices Hit 7-Week High on US-China Trade Optimism and Tightening of Supplies
Oil prices rose to nearly their highest level in two months on Wednesday. The rally followed news that U.S. President Donald Trump had…
Business
Gold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise
A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns.…
Business
Colin Walsh to Step Down as CEO of P&G’s Specialty Beauty Division
Procter & Gamble’s Specialty Beauty division has a new chief executive officer. Colin Walsh, who has held the position since July 2023, is…
Business
US: S&P 500, Nasdaq open near record levels after May inflation data
The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns around…
Business
Eating out loses its bite; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for eating out amid high rental rates and operating costs, analysts say…
Business
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for restaurant meals amid high rental rates and operating costs,…
Business
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter…
Business
AI bets that fuelled Big Tech’s surge now threaten rich profits
Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins…
Business
‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by same-day layoff notice
Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement…
Business
‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by abrupt layoff notice
Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement…
Business
AirAsia’s 100-jet Paris order pits Airbus A220 against Embraer
Low-cost carrier AirAsia is poised to order about 100 regional jets at the Paris Air Show next week, with the Malaysian airline still…
Business
China Walks a Line in U.S. Trade Talks, Trying Not to Overplay Its Hand
In its high-stakes trade talks with the United States, China has been trying to strike a balance in how it wields its market clout. It…
Business
India's central bank to use cash reserve ratio as active liquidity tool
India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather…
Business
L’Oréal and Nvidia Collaborate to Bring Next-Gen AI to Beauty
PARIS – L’Oréal and artificial intelligence chipmaker Nvidia are collaborating to unleash AI’s potential for beauty. The beauty giant said…
Business
Singapore shares buck regional trend to close lower; STI falls 0.4%
Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned…
Business
Asian Markets Edge Higher as Trade Talks Show Progress, Inflation Data in Focus
Asian markets edged up cautiously on Wednesday as investors were kept in check by some muted moves on the trade front. The latest meetings…
Business
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995 Shares of Centurion rose on Wednesday (Jun 11)…
Business
Gold rises as US-China trade uncertainty persists, investors eye inflation data
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and…
Business
Asia: Equities rally after China-US framework on trade
Asian stocks rose on Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic…