Business
China considers ordering hundreds of Airbus jets in major deal
China is considering placing an order for hundreds of Airbus aircraft as soon as next month, when European leaders visit Beijing to…
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Business
Iron ore markets head for shake-up as Singapore-linked Simandou nears production
Global iron ore trade is facing a pivotal shift as Simandou, a massive iron ore mine in Guinea being developed by a Singapore…
Business
Petronas is said to weigh sale of US$7 billion Canada business
Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will…
Fashion
Chanel’s Latest High Jewelry Collection Takes Flight in Kyoto
KYOTO — Shining stars and majestic lions may rule at Chanel, but for its latest high jewelry collection unveiled Monday, soaring to the…
Business
More Chinese corporates eyeing deals in Asean, secondary listings on SGX
Chinese corporates are increasingly looking for deals in South-east Asia amid rising uncertainty from US trade policies, said Jason Saw,…
Business
Asia: Stocks track Wall Street up after jobs data, Seoul surges on Lee win
Asian shares extended a global rise on Wednesday following data indicating the US economy remained resilient, with South Korean equities…
Business
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower…
Business
Ping An Insurance raises US$1.5 billion from convertible bonds
Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong…
Beauty
What Happens When a Playwright’s Perfume Addiction Goes Too Far?
Charlotte Ercoli’s newest film opens with a scene that will likely feel familiar: a messy apartment and a suitcase that remains unpacked…
Business
Vilebrequin Taps Joel Mesler for Pool-inspired Swim Capsule
Just in time for Father’s Day, Vilebrequin has tapped Hamptons-based art Joel Mesler to create an exclusive print for a summer swimwear…
Business
Memecoin platform Pump.fun pursues US$1 billion token sale
A platform dedicated to highly speculative cryptoassets is planning to raise US$1 billion by selling tokens, taking advantage of the…
Business
Japan’s top banks said to mull joint ATM operation to cut costs
Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said…
Business
Australian dollar out of gas as economy sputters
The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers…
Business
Global carriers pile on India capacity as US-Europe traffic drops
The skies above India are about to get a lot busier as international carriers add more routes to the world’s most-populated nation to make…
Business
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to…
Business
Virgin Australia returns to stock market with launch of A$685 million IPO
Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685…
Business
Garuda said in talks for US$500 million from Indonesia wealth fund
Garuda Indonesia is in talks with the country’s sovereign wealth fund Danantara about an injection of around US$500 million, according to…
Business
Nio records US$949.6 million net loss for Q1
Chinese electric vehicle maker Nio posted a net loss of US$949.6 million for its first quarter of 2025 ended March, representing a 31.1…
Business
Global funds weigh whether Indonesia market rebound was too fast
Indonesia’s financial markets have bounced back after a torrid few months, sparking a debate on whether the rally can last. RBC BlueBay…
Business
Japfa to delist from SGX on Jun 6
The agri-food company said privatisation would provide the offerors and management with greater flexibility to manage and grow the…
Business
Stoneweg E-Reit announces strategic stapling to form stapled trust
On completion of the proposed stapling, the stapled entity will be named ‘Stoneweg Europe Stapled Trust’ or Sert for short The manager of…
Business
Top scientist wants to prevent AI from going rogue
Concerned about the rapid spread of generative AI, a pioneer researcher is developing software to keep tabs on a technology that is…
Business
US efforts to boost crop sales to Asia bear fruit in Vietnam
US efforts to increase exports of agricultural products to Asia, excluding China, look to be bearing fruit, with Vietnam pledging to buy…
Business
Stocks to watch: CapitaLand Investment, Nio, Japfa, Stoneweg E-Reit, Grand Venture, Frencken
The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 4). CapitaLand Investment…