Business
Helly Hansen ‘Ticks All the Boxes’ for Kontoor, According to CEO Scott Baxter
Kontoor Brands has amassed a lot of cash since being spun off from VF Corp. in 2018. On Wednesday, it found a place to invest that money.…
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Business
Business
US: Wall St opens slightly lower as markets assess latest tariff threats
WALL Street’s main indexes opened marginally lower on Wednesday (Feb 19) on worries over US President Donald Trump’s latest tariff threats…
Business
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on…
Business
Kontoor Brands to Acquire Helly Hansen
Helly Hansen has a new home. Kontoor Brands, Inc., said Wednesday that it has acquired the outdoor and workwear brand for an undisclosed…
Business
Apple to launch new lower-cost iPhone to capture a broader market
APPLE is set to launch its latest budget iPhone model on Wednesday (Feb 19) as it looks to grab a bigger share of the mid-range smartphone…
Business
Caleres to Acquire Tapestry’s Stuart Weitzman Brand for $105 Million
Caleres, which operates a diverse portfolio of popular footwear brands, has signed a definitive agreement to acquire Stuart Weitzmanfrom…
Business
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech…
Business
CSE Global records S$235.3 million in new Q4 orders
SYSTEMS integrator CSE Global has secured S$235.3 million worth of new orders for the fourth quarter ended Dec 31, 2024. In a bourse…
Business
Cordlife ID Teo Tong Kooi steps down; new ID appointed
CORDLIFE Group’s independent director Dr Teo Tong Kooi stepped down from his role at the embattled cord-blood bank on Wednesday (Feb 19).…
Business
United Hampshire US Reit declares 4.2% lower H2 DPU of US$0.0205
UNITED Hampshire US Real Estate Investment Trust’s (Reit) distribution per unit (DPU) for the half year ended Dec 31, 2024, fell to…
Business
China’s clean energy investments reached $940bn in 2024
China's clean energy investments in 2024 amounted to 6.8tn yuan ($940bn), nearing the scale of $1.12tn global investment in fossil fuels,…
Business
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the…
Business
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3…
Business
All the Events and Newness at the First Orlando Edition of Vision Expo East
It’s a new day for Vision Expo East, the trade-only conference and exhibition for eye care and eyewear presented by co-owners RX and The…
Business
Akoni and Safilo on the Positive Road Ahead for Eyewear
Sitting out Vision Expo East this year, both Akoni and Safilo eyewear showed in Milan at Mido. While Akoni, which was founded in 2019, is…
Business
UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates
UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing…
Business
Cisco and IBM show old-school tech names can be AI winners too
WHILE many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are…
Business
Hong Kong eyes crypto derivatives, margin lending in digital asset push
HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on…
Business
Hong Kong expands virtual asset push with new licensing, trading options
HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races…
Business
iPhone parts maker Murata eyes supply chain shifts towards India
APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a…
Business
Borrowing strain hits NAB’s Q1 profit, shares dive
NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for…
Business
Singtel’s Q3 profit surges 183.4% to S$1.3 billion on exceptional gains
SINGTEL’S net profit for the third quarter ended Dec 31 climbed 183.4 per cent to S$1.3 billion from S$465 million in the same period the…
Business
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 19). UOB: The lender on…
Business
Meta says it plans to build the world's longest undersea internet cable
Facebook’s parent company Meta said it’s working on the world’s longest undersea cable as part of the social media giant’s efforts to…