Fashion
Cathay Pacific CEO says Air China’s HK$1.3 billion stake sale a ‘tactical’ move
Swire Pacific will remain the largest shareholder with a 47.65% stake after the buyback[HONG KONG] Cathay Pacific Airways CEO Ronald Lam said on Tuesday (Jan 6) that major shareholder...
AMD unveils new chip for corporate data centres, talks up demand
The company is widely regarded as the closest rival to Nvidia in the market for chips that create and run AI software [SAN FRANCISCO] Advanced Micro Devices (AMD), aiming...
China’s Hengyi pushes ahead with Brunei oil refinery expansion
[SINGAPORE] China’s Hengyi Petrochemical will embark on a long-planned expansion of its Brunei oil refinery, more than doubling its capacity in the country and intensifying competition in global markets...
CEO of Salonpas maker seeks to take the 450 billion yen drug firm private
The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages[TOKYO] Hisamitsu Pharmaceutical’s management is considering a takeover bid to privatise...
Pop Mart adds Mexico production site to boost US supply
POP Mart International Group said a new manufacturing hub in Mexico has started operations, supplying collectible toys to meet surging consumer demand in the fast-growing North American market.The Mexico...
Revitalised IPO market, policy tailwinds could drive STI past 5,000 by end-2026: analysts
Regional stocks also up, with Japan’s Nikkei index closing at all-time high of 52,518.08 points[SINGAPORE] The Straits Times Index (STI) could breach the 5,000-point mark by the end of...
Asian stocks extend record rally while oil, dollar drift
[TOKYO] Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped the Dow Jones Industrial Average hit...
Singapore investment banking fees climb to US$864.6m in 2025, highest in 4 years
DBS leads in fees earned; local firms issue a total of 38 IPOs last year, raising US$2.5 billion[SINGAPORE] Investment banking fees generated in Singapore rose 28.9 per cent to...
McDonald’s rival Jollibee plans US listing for global business
[MANILA] Shares of Jollibee Foods jumped the most in more than five years, after it announced plans to spin off its international business and list it on a US...
Next global rebalancing likely to dwarf 2008 financial crisis: George Yeo
The anticipation of such a rebalancing explains why the price of gold has continued to climb, says former Singapore foreign minister[SINGAPORE] A global economic rebalancing is inevitable, and when...
