Business
JPMorgan model shows recession fear in markets spiking up to 79%
JPMorgan Chase says recession fears in stocks acutely tied to America’s economy have spiked to nearly 80 per cent, while credit investors…
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Business
Business
Europe: Shares notch best session since November 2022 after tariff-sparked pullback
EUROPEAN shares rose from 14-month lows on Tuesday, after four straight sessions of heavy selling, although investors continued to closely…
Business
Victoria’s Secret Names 3 Brand Presidents to Carry Out CEO Hillary Super’s Vision
Call them the Super Squad. Hillary Super, who left Savage x Fenty to become chief executive officer of Victoria’s Secret & Co. in…
Business
Authentic Luxury Group Eyeing John Elliott Acquisition: Sources
Authentic Luxury Group is on the verge of making its first acquisition. Last October, Saks Global, owner of Saks Fifth Avenue and Neiman…
Business
Brands Make Shift Toward Strategic Growth, According to New Research
NuOrder by Lightspeed’s 2025 State of B2B E-commerce Report “aims to better understand how brands are evolving their wholesale strategies…
Business
Ex-Tesla employees aim to launch an electric roadster before Musk can
An automotive startup based in Britain aims to release an exclusive fully electric open sports car before Tesla can deliver its…
Business
Financial Stress Hits Americans Hard, Driving Focus on Literacy and Affects on Health
After a series of staggering global tariffs announced by U.S. President Trump on Friday and causing chaos within the stock market, JP…
Business
US: Wall Street opens sharply higher on hopes of tariff talks
Wall Street’s main indexes opened sharply higher on Tuesday (Apr 8) after a bruising selloff that has wiped out trillions of dollars since…
Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
Business
Greenback falls as prospect of tariff talks calms global markets
THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Nigerian make-up artist jailed for throwing cash at his wedding
A make-up artist in Nigeria has been sentenced to six months in jail for abusing the currency, the naira, by flinging it while dancing at…
Business
Trump’s tariff chaos becomes US$700 billion storm for big banks
Financial services are excluded from Donald Trump’s trade war for now. Banks are still feeling the pain. HSBC Holdings’s market value has…
Business
German consumer body opposes EU plans to cut airline liability
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
Business
Rich Asian investors opt to unwind holdings amid margin calls
Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral…
Business
Singapore shares settle lower on Tuesday; STI down 2%, bucks regional indices rebound
Across the broader market, gainers beat decliners 362 to 234, with 2.4 billion shares worth S$3.5 billion transacting The Straits Times…
Business
Japan debt deals worth US$678 million pulled as tariffs roil global markets
Three Japanese companies have postponed the sale of US8.43 million worth of yen-denominated bonds in the wake of global financial market…
Business
EXCLUSIVE: Kering Beauté Names New CEO at Creed
PARIS — Kering Beauté has named veteran beauty executive Nathalie Berger-Duquene chief executive officer of Creed, effective May 6. This…
Business
IBM launches new mainframe in bet that some data stays local
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware International Business…
Business
Venture capitalist Finian Tan of US$33.3m duped in alleged nickel scam
Well-known venture capitalist Finian Tan told the High Court on Tuesday (Apr 8) that he was red-faced by the loss to alleged fraudster Ng…
Business
Imran Khan supporters share manipulated clip of former chief justice
Imran Khan's political party has publicly criticised retired Supreme Court chief justice Qazi Faez Isa of bias in handling legal cases…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as US President…
Business
EXCLUSIVE: Frame Names Elisa Albella Chief of Staff
Elisa Albella has been named chief of staff of Frame. Launched in 2012 by Swedish entrepreneurs Erik Torstensson and Jens Grede, the Los…
Business
India says ‘no’ to BYD while wooing rival Tesla to invest
With a 100 per cent duty on fully built vehicles – by far the highest among major economies – the country has long shielded domestic…