Business
Nissan offers buyouts to US workers, halts global pay rises, internal e-mails show
Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal e-mails…
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Business
UK's Thames Water fined £122.7 million over sewage and dividend breaches
Britain’s Thames Water, on the brink of financial collapse, will have to pay a record £122.7 million (S$213.3 million) fine for breaching…
Business
Shein working towards Hong Kong listing after London IPO stalls
Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London…
Business
China’s answer to World Bank plans to open Singapore, HK offices
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the…
Business
China’s answer to World Bank could open Singapore, HK offices: sources
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the…
Business
Sentiment among EU companies in China hits new low
Jens Eskelund, President of the European Union Chamber of Commerce in China, speaks to journalists. The EU Chamber summarized the business…
Business
China plans commodities overhaul to attract global investors
CHINA is on the cusp of its biggest move yet to open up its vast commodities markets, after the Shanghai Futures Exchange (SHFE) unveiled…
News
Iran executes man accused of being an Israeli 'senior spy'
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Lifestyle
Courrèges Men’s Spring 2026, Women’s Resort 2026: Street Life
EMBARGOED UNTIL WEDNESDAY 28 MAY AT 7 A.M. CET/1 A.M. EST – PLEASE ATTACH PHOTO GALLERY WHEN READY BEFORE SCHEDULING The streamlined…
Beauty
Glossier Is Landing in France, With Help From Sephora
Glossier and Sephora are taking their partnership to a new market. The beauty brand is entering Sephora France on June 13 in the…
Fashion
Fashion Scholarship Fund Launches FSF University, a Free, Self-paced Digital Program to Prepare for Scholarship Success
The Fashion Scholarship Fund is increasing efforts to expand access to students from underrepresented backgrounds who may not attend one…
Business
Tencent Music buys SM Entertainment stake in K-pop bet
A Tencent Holdings subsidiary is snapping up a nearly 10 per cent stake in SM Entertainment valued at about US$180 million, marking a rare…
Business
SunMoon sinks to S$1.5 million loss in FY2025 despite higher revenue
Fruit distributor SunMoon Food Company has sunk into the red with a net loss of S$1.5 million for the full year ended March, compared with…
Business
Asia: Stocks track Wall Street rally as trade fears ease, eyes on Japan debt
Asian equities rose on Wednesday following a Wall Street rally as traders cheered forecast-beating US consumer confidence data and a drop…
Business
Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic…
Business
US warns Pirelli risks restrictions due to Chinese investor
The US government warned Italy’s Pirelli & C that vehicles containing its advanced sensors technology could be restricted from sale in…
Business
New Zealand central bank cuts cash rate by 25 bps
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as policymakers sought…
Business
UBS’s Iqbal Khan sees rich customer demand for alternative assets
Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period…
Business
CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million
CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its…
Business
Australia: Shares at 3-month high ahead of inflation data; RBNZ decision in focus
AUSTRALIAN shares climbed on Wednesday, reaching their highest levels in more than three months, supported by strength in banking and…
Business
Gold stages rebound as US dollar, Treasury yields slip
Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields as investors await a US…
Culture
Jafar Panahi’s Cannes Triumph Sends a Warning to Authoritarians Everywhere
When “It Was Just an Accident,” a new movie from the Iranian director Jafar Panahi, won the Palme d’Or at the Cannes Film Festival, on…
News
Namibia to mark colonial genocide for first time with memorial day
Dubbed "Germany's forgotten genocide", and described by historians as the first genocide of the 20th Century, the systematic murder of…
Business
Nomura faces rare vote over shareholder’s name-change proposal
Nomura Holdings has received a shareholder proposal that it will put to a vote for the first time in 13 years at a general meeting next…