Business
Seatrium chief financial officer resigns, to be replaced by strategy EVP
Current CFO Adrian Teng is leaving to pursue personal interests, with Stephen Lu taking up the role Seatrium has appointed Stephen Lu, its…
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Business
Business
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800…
Business
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
Office and retail tenants are expected to hold off on their expansion plans amid uncertainty over the impact of US tariffs, said the…
Business
Seven & i’s new CEO aims aggressive investments in US stores
Seven & i Holdings’ new chief executive officer plans to boost investments in its US stores using cash from a planned listing of its…
Business
DBS downgrades Keppel Infrastructure Trust to ‘hold’, keeps Mapletree Logistics Trust at ‘buy’
Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season: They have kept their “buy”…
Business
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three…
Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for…
Business
Southwest CEO says US airline industry is already in a recession
The Dallas-based carrier is more dependent on domestic leisure travellers for revenue than US peers with more extensive international…
Business
JD.com’s delivery clash with Meituan may worsen US$70 billion rout
While much of the world is focused on a volatile international trade war, two of China’s largest Internet companies are inflicting greater…
Business
MPACT posts 14.8% lower Q4 DPU of S$0.0195
Mapletree Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) for the fourth quarter ended March slid 14.8 per cent year on…
Business
MPACT struggles with leasing demand, cost of debt as Q4 DPU tumbles 14.8%
The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Apr 25) warned of ongoing challenges – including slow leasing demand…
Business
Chinese EV maker Nio’s challenges bleed into its bond prices
A rally in the price of Nio’s convertible bonds is not enough to allay concerns over the Chinese electric vehicle (EV) maker’s financial…
Business
Mobile Marketing: Text Your Way to Profits
Mobile marketing is changing the way businesses connect with their customers. With more people using their phones for everything from…
Business
Intel delivers disappointing forecast, moves to slash jobs
Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and…
Business
Google says will buy back US$70 billion in shares, posts earnings beat
[BENGALURU/SAN FRANCISCO] Google parent Alphabet said it would buy back US$70 billion worth of shares as it reported first-quarter profit…
Business
Oil prices settle up on weaker US dollar, mixed economic news
Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news,…
Business
US: Stocks rise for 3rd straight day
Wall Street stocks rallied for a third straight session on Thursday (Apr 24), shrugging off mixed earnings and signs US trade deals with…
Business
Walmart CEO Doug McMillon’s $27M Pay Package and the Headaches that Come With It
Doug McMillon probably has the biggest job in retail — president and chief executive officer of global giant Walmart Inc. While it’s a gig…
Business
Badgley Mischka Is Acquired in a New Joint Venture
Established Incorporated has set up a strategic joint venture with ACI Licensing to acquire and manage four well-known lifestyle brands —…
Business
Coty to Cut 700 Jobs Amid Strategic Overhaul
Coty Inc., the beauty company behind the likes of Covergirl, Kylie Cosmetics and Lancaster, among many others, is cutting up to 700 jobs…
Business
Robert Irwin’s Underwear Campaign Earns $8 Million in Media Exposure and Boosts Bonds on TikTok
Robert Irwin, the son of the late Crocodile Hunter Steve Irwin, helped Bonds soar in its U.S. debut. The Australian underwear brand…
Business
Business Naming Tips: 7 Secrets to Success
Choosing a name for your business is more than just picking something that sounds nice. It’s about creating a unique identity that…
Business
How Profitmind Is Driving Profit Growth for Retailers With AI-powered Analytics
Is it time for retailers to finally ditch Excel and reams of spreadsheets? Retail executives are often overwhelmed by massive amounts of…
Business
Four New Watches Every Serious Collector Should Be Freaking Out About This Month
Welcome to Watch Guy Watches, GQ’s monthly curation of high-end timepieces for the true watch nerds among us. This April, Zenith keeps the…