Business
RHB Bank’s Singapore unit key to regional growth plan, targets
Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet targets…
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Business
China venture capital funds tap global investors for US$2 billion in comeback
China’s largest venture capital houses are tapping the market for at least US$2 billion in new funds, re-engaging with the country’s…
Business
BP to sell onshore wind business in US
BP is seeking to cut cleaner energy investment by more than US$5 billion annually said on Friday (Jul 18) it had agreed to sell its…
Business
Burberry Stems Sales Declines in First Quarter as Schulman’s Strategy Takes Hold
LONDON – What a difference a year makes. Burberry’s focus on simplification, productivity and cash flow helped to narrow the double-digit…
Culture
Who Is Andy Byron? Astronomer CEO Caught Cuddling HR Kristin Cabot at Coldplay Concert Gushed About Her Hiring Just Few Months Back
The tech boss, who was apparently caught having an affair with a colleague on a Coldplay concert "kiss cam," had raved about the employee…
Business
ECB may wait until December to make final rate cut: survey
The European Central Bank (ECB) can delay its final interest-rate cut until December without investors concluding in the meantime that…
Business
Cinemas weigh launching new large screen brand to challenge Imax
Some of the largest US theatre chains, including Cinemark, Regal and Marcus, have held preliminary talks about jointly marketing their…
Beauty
Chris McMillan Launches Namesake Hair Care Line at Sephora, Bringing Decades of Expertise to Styling Products
It was “The Rachel” for Jennifer Aniston in the ’90s and it was the “c–ty little bob” for Leslie Bibb earlier this year. Now one of hair’s…
Business
Cathay cinema survived a world war, but there may not be a sequel for the icon
Cathay cinema could face its final curtain call after 85 years, as streaming and shifting consumer patterns deal a fatal blow to theatres…
Business
Warburg Pincus-backed data centre operator Princeton Digital bags US$1.3 billion from Stonepeak
Warbug Pincus-backed Princeton Digital Group announced on Friday (Jul 18) that it secured US$1.3 billion in funding from Stonepeak, a…
Business
Japan, EU to explore joint rare earths procurement: Nikkei
Japan and the European Union will consider joint public-private partnerships as they look to reduce their reliance on China in areas such…
Business
DBS shares rally to a new record as the STI clocks yet another high
DBS shares hit a new high on Friday morning (Jul 18), bringing the Straits Times Index (STI) to a fifth consecutive record this week in…
Business
Couche-Tard’s failed bid for Seven & i sparks debate over Japan
Alimentation Couche-Tard’s decision to walk away in frustration from an attempted acquisition of Seven & i Holdings set off a debate in…
Business
Seven & i risks becoming buyout target again if turnaround fails
Even after fending off Alimentation Couche-Tard’s unsolicited 6.77 trillion yen (S$58.5 billion) takeover approach, Seven & i Holdings…
Business
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest…
Business
Gold heads for weekly dip as strong dollar, US data weighs
Gold was flat in early Asian trade on Friday (Jul 18), heading for a weekly fall, weighed down by an overall stronger US dollar and solid…
Business
US set to impose 93.5% duty on China battery material
The US Commerce Department imposed preliminary anti-dumping duties of 93.5 per cent on Chinese imports of graphite, a key battery…
Business
UN talks with rival leaders of Cyprus fail to reach deal on new border crossings
UNITED NATIONS (AP) — The United Nations chief said Thursday that he would have liked more results from his meetings with the rival…
Business
Food Empire, AirAsia partner to launch ready-to-drink beverages
It will kick-off with a Vietnamese iced coffee product that will be sold on flights of the airline Food Empire will collaborate with…
Business
Food Empire partners AirAsia to launch ready-to-drink beverages
The tie-up kicks off with a Vietnamese iced-coffee product to be sold on board the airline’s flights Mainboard-listed Food Empire will…
Business
China threatens to block Panama ports deal unless its shipping giant gets stake: report
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block…
Business
Stocks to watch: OCBC, Singtel, Wilmar, Food Empire, Telechoice
The following companies saw new developments that may affect trading of their securities on Friday (Jul 18): OCBC, Singtel: The bank will…
Business
Why Tariffs (Probably) Won’t Cause Inflation (But Still Raise Prices)
Not all bad economic policy is inflationary, and not causing inflation doesn’t make economic policy good. Source link
Business
Bain seeks next airline after tripling money on Virgin Australia
Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia Holdings. The US buyout…