Business
AirAsia seeks to start Bahrain hub this year, deputy CEO says
The low-cost carrier has raises RM 1 billion in a private placement as part of the restructuring exercise Regional low-cost carrier…
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Business
Business
Aims Apac Reit trustee issues S$150 million perpetual securities at 4.1%
The perps are issued under a S$750 million multicurrency debt issuance programme started in November 2018 The trustee of Aims Apac Reit…
Business
Aberdeen adviser unit hit by outflows over UK Budget uncertainty
Its clients pulled out £2.5 billion in the three months till December, against £500 million in the previous period Aberdeen Group reported…
Business
China’s hotels allege predatory pricing, forced exclusivity in Trip.com antitrust probe
China’s hotels are welcoming record numbers of travellers, yet room rates are sinking – a paradox many operators blame on Trip.com Group.…
Business
Lululemon pauses online sales of sheer leggings that are not ‘squat proof’
This is its latest setback as it tries to win back customers, revive growth, and find a new CEO Lululemon Athletica removed a new line of…
Business
L'oreal to invest US$383 million in Indian beauty tech hub
French cosmetics giant L’oreal said on Wednesday (Jan 21) it will set up a beauty tech hub in the south Indian city of Hyderabad with an…
Business
Schiaparelli Opens First Permanent Asian Store in Hong Kong
PARIS — Schiaparelli has landed in Asia. Following a pop-up in Shanghai in 2024, the French fashion house has opened its first permanent…
Business
Maybank eyes 13-14% ROE by 2030 in new five-year strategy unveiled ahead of Q4 earnings
It will invest RM10 billion in its technology, data and artificial strategy over the next five years Malaysian lender Maybank on Tuesday…
Business
Maybank lifts ROE target to 13-14% by 2030 in new five-year strategy ahead of Q4 earnings
It will invest RM10 billion in its technology, data and AI strategy over the next five years Malaysian lender Maybank on Tuesday (Jan 20)…
Business
OpenAI to start offering chatbot ads to advertisers, The Information reports
OPENAI has started offering its new chatbot ads to dozens of advertisers, The Information reported on Tuesday, citing people familiar with…
Business
OCBC sets up securities financing unit for institutional investors
It will create opportunities for these customers to earn fee income by lending out their idle securities, says lender OCBC has set up a…
Business
Singapore a ‘safe harbour’ amid global volatility with Singdollar set to gain: Julius Baer
The wealth manager urges investors to look to growth areas for portfolio diversification The Republic represents a “safe harbour” amid a…
Business
Bitcoin dips back below US$90,000 as global selloff deepens
BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to…
Business
Japan’s Nikkei extends losses; bonds rise as global trade frictions weigh
Japan’s Nikkei share average fell for a fifth straight session on Wednesday as global trade frictions weighed on risk sentiment, while the…
Business
Trump signs order targeting institutional investors buying single-family houses
President Trump on Tuesday ordered his administration to develop rules that would block institutional investors from purchasing…
Business
Japanese bonds may rebound after Katayama calls for market calm
JAPAN’S bonds are likely to rebound after Finance Minister Satsuki Katayama called for calm among market participants following a selloff…
Business
Stocks to watch: SIA, FLCT
The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 21): Singapore Airlines (SIA):…
Business
Singapore’s small and mid-caps: Investors hunt for ‘hidden gems’ as analysts eye privatisation candidates, structural plays
The hunt for Singapore’s next top market darling in the small and mid-cap (SMID) space is shifting gears. SMID stocks are poised for…
Business
CDL may catch up with its soaring peers
The developer has been actively unlocking value, but is trading at a much steeper discount to RNAV than UOL Source link
Business
United Airlines offers upbeat outlook on strong premium travel demand
United Airlines on Tuesday issued an upbeat outlook for the current quarter and the full year, buoyed by strong demand from higher-income…
Business
Netflix slightly beats revenue estimates in holiday quarter; shares slide amid bidding war for Warner Bros
Netflix squeaked past Wall Street’s revenue estimates for its holiday quarter on Tuesday, as the streaming giant remains locked in a…
Business
Netflix slightly beats revenue estimates, shares slide amid bidding war for Warner Bros
— Netflix beat Wall Street’s revenue and earnings estimates for its holiday quarter on Tuesday (Jan 21) but its shares tumbled more than 4…
Business
Nike reshuffles regional leadership as it looks to strengthen key markets
SPORTSWEAR giant Nike said on Tuesday it had appointed new leaders for its Europe, Middle East and Africa (EMEA), Greater China as well as…
Business
Venezuela has received US$300 million in funds from oil sales, acting president says
VENEZUELA’S interim president Delcy Rodriguez said on Tuesday that the country has received US$300 million from oil sales, the first…