Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
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Business
Business
Tesla hiring over 1,000 workers to ramp up Semi truck production: report
Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp up mass production of its…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
ENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer…
Business
Samsung Electronics drops Q2 outlook due to trade uncertainties
Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for…
Business
Stocks to watch: Wilmar, ST Engineering, Sheng Siong, Starhill Global Reit, FEHT, CDLHT, First Reit, IReit Global
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 30). Wilmar International: The…
Business
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March,…
Business
Visa earnings top estimates as spending on network stays strong
The company also says at the investor day that it expects its value-added services to account for more than half of total revenue in…
Business
Are the “Magnificent Seven” Still Magnificent?
Have you been following the recent drop in tech stocks? If so, you’ve likely noticed that even the strongest names in the market — the…
Business
Oil prices fall 2% to two-week low as trade war concerns dampen demand outlook
Oil prices fell about 2 per cent to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President…
Business
How Smart Logistics Can Supercharge Your Startup’s Growth
Building a startup’s like racing a car you’re still tinkering with—product design and marketing get all the love, while logistics often…
Business
Saks Bondholders Prove to Be a Tough Sell
Bondholders can be a tough crowd — just ask Saks Global. Equity investors are more excitable and want nothing but growth. But since…
Business
Michelle Crossan-Matos, Ulta’s Former Chief Marketer, Heads to SharkNinja
Michelle Crossan-Matos, Ulta Beauty‘s former chief marketing officer, has a new gig. Crossan-Matos has joined SharkNinja, the product and…
Business
Cover Story Simonetta Lein: Balancing Stardom, Purpose, and Innovation in a Fast-Paced World
Simonetta Lein, widely celebrated as one of the top fashion and social media influencers globally, has managed to balance fame with an…
Business
RealReal CEO Salary: Rati Levesque’s Pay Rises to $11.5M
Rati Levesque was welcomed into the corner office at RealReal Inc. with stock awards valued at $10 million, which made up the bulk of her…
Business
ST Engineering unit to issue US$750 million 4.25% notes due 2030
They will be issued under the company’s S$5 billion global medium-term note programme A wholly owned subsidiary of Singapore Technologies…
Business
Brides Like ‘90s-style Wedding Gowns, Brown Flowers and Lace-like Nails, Pinterest Says
Brides-to-be turn to Pinterest to check out possibilities for their weddings and their searches have unearthed some interesting trends for…
Business
Coca-Cola results beat estimates on price hikes, demand surge
Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from…
Business
Saks Joins Amazon in Designer Fashion Breakthrough
Did Saks just help Amazon crack the luxury code? Maybe. The internet’s everything store has been looking to break into high-end fashion…
Business
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
Business
Business Owner Salary: How Much is Too Much?
As a business owner, figuring out how much to pay yourself can be one of the trickiest decisions you face. It’s a balancing act between…
Business
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertainty United Parcel Service reported a…
Business
China’s Big Five banks post slimmer margins as economic challenges persist
[SHANGHAI/HONGKONG] China’s Big Five lenders on Tuesday (Apr 29) reported narrower margins on their first-quarter earnings and some a drop…
Business
Wilmar reports higher earnings for Q1 2025 on better performance from business segments and associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a…