Business
Stocks to watch: Sri Trang Agro-Industry, Sri Trang Gloves, Oiltek International, Aoxin Q&M
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 18). Sri Trang Agro-Industry: The…
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Business
Japan’s historic rate shift is turbo-charging the credit market
JAPAN’S corporate bond market is booming, as an economic rebound and plans to get ahead of higher interest rates encourage a flurry of…
Business
BHP sees recovery in steel and copper demand, logs lowest profit in six years
BHP sees signs of economic recovery in China and central bank rate cuts reviving demand for steel and copper but flagged risks to global…
Business
Southwest Airlines to cut 15% of corporate jobs in first-ever layoffs
SOUTHWEST Airlines will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in…
Business
Renault, Geely deepen partnership with Brazil car sales plan
The latest agreement gives Geely better access to South America’s biggest economy RENAULT and China’s Zhejiang Geely Holding Group plan to…
Business
New UPS air route targets trade from France to Hong Kong
A Boeing 747-8 freighter is guided to its parking stall at Paris Charles de Gaulle Airport. UPS has begun operating five cargo flights per…
Business
Argentine judge investigates fraud case against President Milei over crypto promotion
BUENOS AIRES, Argentina (AP) — A judge in Argentina was selected Monday to investigate allegations of fraud against President Javier Milei…
Business
Germany argues for limits to EU defence spending exemption
German Finance Minister Jörg Kukies on Monday argued that countries such as Italy, Spain and Belgium should not be able to benefit from…
Business
Edward Enninful Launches Media, Entertainment Company With Sister Akua Enninful
LONDON – Edward Enninful has a new project in the works, a global media and entertainment company called EE72 which he’s founded with his…
Business
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31,…
Business
Net-a-Porter Sets China Exit Deadline on March 20
Net-a-Porter’s China operation Fengmao, a joint venture between Alibaba and Yoox Net-a-porter, will be terminated on March 20, the…
Business
Singapore’s financial sector looks to internal hiring, reskilling and flexible structures to fill manpower gaps
AMID high-profile layoffs that have hit some global banks, financial-services firms are still grappling with a shortage of good talent.…
Business
Oiltek applies to transfer listing to SGX mainboard
The company says the shift could result in better liquidity and improved share performance VEGETABLE and edible oil engineering process…
Business
Pomellato Taps Philippine Leroy-Beaulieu As New Global Ambassador
GOLD AMBASSADOR: It looks like the appeal of the “Emily in Paris” character Sylvie Grateau comes second only to the one of Philippine…
Business
Singapore stocks rise on Monday; STI climbs 0.7%
Property developer Hongkong Land is the top gainer on the index, while Yangzijiang Shipbuilding fell the most SINGAPORE equities ended…
Business
Singapore Exchange veterans leave amid stock market revival push
Several veteran staffers of Singapore Exchange are leaving as the bourse tries to revive its flagging equities business, according to…
Business
Furlough vs. Layoff: What's the Real Difference?
When businesses face economic challenges, they often have to make tough decisions about their workforce. Two common approaches are…
Business
Xi meets China's tech titans amid economic struggles
Chinese President Xi Jinping speaks during an event in Berlin. Maurizio Gambarini/Deutsche Presse-Agentur GmbH/dpa Chinese leader Xi…
Business
Shein faces investor pressure to slash valuation to US$30 billion: sources
FAST-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with the matter,…
Business
Bain Capital ends acquisition battle with KKR for Fuji Soft
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover…
Business
Evergrande, HNA units ordered to liquidate by Hong Kong judge
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in…
Business
EXCLUSIVE: Adwoa Aboah Stars in De Beers Jewelry Campaign as Company Rebrands, Readies Paris Flagship
LONDON— The De Beers diamond jewelry brand is facing the future with a new name, a fresh focus and a campaign that aims to reflect its…
Business
Kering Eyewear Unveils Lindberg’s First Sun Collection Since Acquisition
MILAN — Lindberg is launching its first sun collection developed since its acquisition by Kering Eyewear. Available starting in March, the…
Business
Khrisjoy Taps Maripol, Gatekeeper of ‘80s Club Culture, for Artistic Project
MILAN – Italian fashion and outerwear brand Khrisjoy is celebrating its Milanese roots and the city’s women with “Donne di Milano,” or…