Business
Wall Street Gains Momentum with Support from Big Tech Earnings While Investors Watch Trade Developments
Wall Street opened with a surge of optimism on Thursday, as stocks soared and key U.S. indexes posted significant gains. This surge was…
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Business
Business
Mapletree Industrial Trust stays defensive, resilient amid global uncertainties
Mapletree Industrial Trust (MIT) will adopt a more defensive leasing strategy and continue to rebalance its portfolio through divestments…
Business
Shell Q1 profit drops 28%, beats estimates, keeps share buybacks steady
Shell reported a 28 per cent drop in first-quarter net profit to US$5.58 billion on Friday (May 2), beating analyst expectations, while it…
Business
AirAsia-owner Capital A eyes Hong Kong listing
Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday (May 2) it was exploring listing on the Hong Kong stock…
Business
StanChart profit beats as lender weighs impact of tariff war
DARD Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war.…
Business
StanChart Q1 profit beats estimates as lender weighs impact of Trump’s tariff war
Standard Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war.…
Business
Montblanc Promotes Brand Relations Executive
THE WRITE STUFF: Montblanc has promoted Stephanie Radl to the new role of director, brand relations and communications, WWD has learned.…
Business
Asia: Stocks gain after China teases US tariff talks
Asian markets largely rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.…
Business
Climate change takes spice from Indonesia clove farms
Colonial powers once sought to wipe out cloves grown by locals on the eastern Indonesian island of Ternate to safeguard their monopoly…
Business
Stocks to watch: CapitaLand Investment, Nio, MIT, Jardine Cycle & Carriage, iFast, Sasseur Reit, Elite UK Reit
The following companies saw new developments that may affect trading of their securities on Friday (May 2). CapitaLand Investment (CLI):…
Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Business
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the…
Business
US: Stocks boosted by gains in Microsoft, Meta
WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an…
Business
Saks Arrived on Amazon, the Trade War Is Still on Its Way
There’s Amazon’s new push into luxury with Saks and then there’s the e-commerce company’s push even higher — literally into space.…
Business
Tanger Posts Solid Q1 as Property Portfolio and Tenant Mix Keeps Diversifying
Tanger, lifted by its diversifying tenant mix, property portfolio and shopper demographics, reported another quarter of solid results,…
Business
The Best Pillows for Side Sleepers to Finally Fix That Achy Neck
Most people don’t put much thought into the best pillows for side sleepers. They’ll buy whatever’s cheapest on Amazon and use it until…
Business
Employee Exit Emails That Don't Burn Bridges
Leaving a job can be a bittersweet experience. Whether you’re moving on to new adventures or just need a change, the way you say goodbye…
Business
Electric Hearses In Asia Sure Are Different
Read the full story on Backfire News Call it a cultural thing, because it is, but when we think of an electric hearse what immediately…
Business
Spain to approve BBVA bid for Sabadell, Bloomberg reports
Spain’s antitrust agency approved with conditions BBVA‘s (BBVA) bid to acquire Banco Sabadell, Jorge Zuloaga of Bloomberg reports, citing…
Business
StoreForce and MMP Forge Partnership to Give Retailers Added Value
StoreForce, the workforce management and performance optimization solution for specialty retailers, has teamed up with Multimedia Plus,…
Business
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at…
Business
Kohl’s Fires CEO Ashley Buchanan Citing Conflict of Interest
Scandal has hit the struggling Kohl’s Corp. On Thursday, the board of Kohl’s said it fired chief executive officer Ashley Buchanan for…
Business
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial…
Business
Q&M Dental makes cash offer for remaining Aoxin Q&M shares at S$0.0321 each
Mainboard-listed Q&M Dental Group (Singapore) has made a mandatory unconditional cash offer to acquire all the shares it does not already…