Business
The RealReal’s Sales and Profits Rise in Q1, but Investors Want More
The RealReal Inc. showed some forward momentum in the first quarter — and stuck by its financial guidance for the year — but Wall Street…
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Business
Business
Ludivine, a Luxury Retailer, Moves to New Location on Upper East Side
Ludivine, the womenswear boutique known for its curated assortment of women’s designer clothing, has opened a new 2,500-square-foot…
Business
US: Wall St opens higher ahead of potential US-UK deal announcement
Wall Street’s main indexes opened higher on Thursday (May 8) on news that the United States was on the verge of signing a trade agreement…
Business
The construction of a road in Brazil draws criticism before first-ever climate talks in the Amazon
BELEM, Brazil (AP) — In the run-up to the annual U.N. climate conference, set to take place in Brazil’s Amazon in November, the…
Business
Minimalist Hotels announces plan to add 20 new properties in India
Minimalist Hotels has announced an expansion plan to add 20 new properties across India over the next two years. The lifestyle hotel brand…
Business
Far East Orchard Q1 net profit more than doubles to S$17.3 million
Hospitality and student housing player Far East Orchard’s net profit more than doubled to S$17.3 million for the first quarter ended Mar…
Business
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way…
Business
How LAFCO’s Expanded Partnership with Listrak Aims to Drive Accelerated Growth
LAFCO (Luxury Articles & Fragrance Co.) said it has expanded its partnership with Listrak, the “person-first” marketing platform provider,…
Business
Australia exchange operator proposes IPO reforms to revive listings
The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of…
Business
Posts claiming 'low' Australia voter turnout share preliminary figures
Australia has consistently seen poll turnouts of around 90 percent or more since the country enforced compulsory voting a century ago.…
Business
Musk hits back at OpenAI’s claim he’s on quest to harm startup
Elon Musk fired back at OpenAI’s accusation that he has been waging a “relentless” campaign for more than a year to damage the startup. In…
Business
Emirates airline group announces record US$6.2 billion gross profit
The 18% rise in profit, slimmed to US$5.6 billion after the UAE’s recently introduced corporate tax Dubai’s Emirates Group, which includes…
Business
Puma Sales Flat in Q1 as Operating Profit Tumbles
A challenging macro environment is taking its toll on Puma, where sales were flat in the first quarter and profits tumbled in the…
Business
SeaMoney rebrands to Monee, opens new headquarters for digital financial services
Monee will be establishing centres of excellence in product management, artificial intelligence and anti-money laundering Sea’s digital…
Business
SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services
It will set up centres of excellence in product management, artificial intelligence and anti-money laundering Sea’s digital financial…
Business
DBS loan demand to remain strong in H1, full-year growth likely at 5 to 6%: CEO Tan Su Shan
DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war…
Business
Indonesia reserves drop most in almost two years on rupiah woes
Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards market…
Business
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs…
Business
Thailand to shortlist central bank chief candidates by July 2, official says
A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8),…
Business
EXCLUSIVE: Printemps on Wall Street Makes Change in Command
After just six weeks since its opening on Wall Street, Printemps is making a change of command in the U.S., WWD has learned. Thierry…
Business
Gold rises as Fed warns of economic uncertainty; Sino-US trade talks eyed
Gold prices climbed on Thursday (May 8) after the Federal Reserve warned of rising inflation and labour market risks fuelling economic…
Business
US Fed leaves interest rates unchanged, cites rising risk of higher inflation and unemployment
The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further…
Business
Sigrid Nunez on the Beauty of Narrative Restraint
“Plot, shmot,” the writer and editor William Maxwell once said to John Updike. Sigrid Nunez couldn’t agree more. She used to tell her…
Business
Isetan Tampines to shutter in Nov 2025
Department store operator Isetan Singapore will close its outlet at Tampines Mall in November 2025, it announced on Tuesday (May 6).…