Fashion

US: Wall St opens lower with Powell’s testimony on tap
WALL Street’s main indexes opened lower on Tuesday (Feb 11), as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on tariffs and their impact on...
Coca-Cola posts surprise revenue jump on higher prices, steady demand
It’s focused on capturing demand in emerging markets such as India and expanding its portfolio in North America Coca-Cola posted a surprise rise in comparable revenue and topped estimates...
SGX securities turnover value up 1% in January; volume down 31%
THE total securities market turnover value on the Singapore Exchange (SGX) increased 1 per cent year on year (yoy) to S$20.8 billion in January, with the Straits Times Index...
BP pledges reset as annual profit dips below US$9 billion
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in annual profits, missing analysts’ expectations. The...
QAF lifts guidance for FY2024 
Improvement is attributed to better business performance and lower non-cash impairments of joint venture  Source link
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank undergoes a restructuring. A spokeswoman...
China’s CATL to file for at least US$5 billion Hong Kong listing this week: sources
CHINESE battery giant CATL plans to file a Hong Kong listing application this week to raise at least US$5 billion, according to two sources with direct knowledge of the...
Paragon Reit jumps 11.8% on privatisation offer
This is after the manager announces that it received a S$0.98-per-unit privatisation offer from Times Properties UNITS of Paragon Real Estate Investment Trust (Paragon Reit) jumped on Tuesday (Feb...
Citigroup targets social finance deals in Asia as demand grows
Citi led 76 transactions in Asia last year, raising US$2.4 billion, according to the bankCITIGROUP said it expects social finance funding in Asia to rise by more than 10...
BYD shares hit record high, trouncing Tesla’s stock this year
BYD shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle (EV) leader will further challenge peers such as Tesla through its...
CDL Kiwi unit’s NZ$2.25-per-share offer ‘too low and inadequate’: M&C New Zealand
THE offer by City Development Limited’s (CDL) wholly owned subsidiary to take Millennium & Copthorne Hotels New Zealand (MCK) private at NZS$2.25 per share is “too low and inadequate”....
Price spikes, demand fears haunt metal markets as Trump’s 25% tariffs bite
Markets are in the dark as key details of Trump’s tariffs on steel and aluminium imports are still pending; experts fear heightened volatilityREACTION in the metals markets to US...