Business
Indonesia’s wealth fund in talks to aid flagship airline Garuda
Garuda is in talks with Indonesia’s sovereign wealth fund Danantara about an injection of capital, people familiar with the matter said,…
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Pacific International Lines’ FY2024 net profit quadruples to US$1.3 billion
Pacific International Lines (PIL) on Friday (May 16) posted a net profit of US$1.3 billion for the FY2024 ended Dec 31, 2024, more than…
News
Influencer shot live on TikTok: How rampant is femicide in Mexico?
A 23-year-old Mexican influencer, Valeria Marquez, was fatally shot while livestreaming on Tuesday. Marquez, who had more than 113,000…
Business
No material impact from tariffs on bookings for now: SIA CEO
Singapore Airlines (SIA) has not seen any significant impact of the US tariff turmoil on its bookings for now, chief executive Goh Choon…
Business
Richemont Jewelry Sales Surge at the End of a Difficult Year for Luxury
LONDON – In a challenging year for the luxury industry, Richemont saw sales climb 4 percent to 21.4 billion euros, fuelled by increased…
Business
Foreigners revisit Indonesia stocks on easing economic concerns
Indonesian stocks are poised for their first monthly inflow since September as subsiding economic concerns and attractive banking shares…
Business
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of…
News
Footage from Pakistan plane crash falsely linked to conflict with India
As arch-rivals India and Pakistan exchanged tit-for-tat missile, drone and fighter jet attacks across their shared frontier, a video was…
Fashion
Loewe’s New Duo to Show First Collection in October
Designers Jack McCollough and Lazaro Hernandez are to show their first collection for Loewe during Paris Fashion Week in October, WWD has…
Business
LNG traders look to increase exports to Malaysia, Indonesia
Traders are looking to capitalise on the strong domestic growth in the two emerging nations Liquefied natural gas (LNG) traders are…
Business
As US, China reach a trade truce, these are the stocks to buy or avoid
Markets have experienced wild swings since US President Donald Trump slapped tariffs on the country’s trading partners. Globally, US and…
Business
Front Row Acquires Shopify Partner Agency, Build in Amsterdam
Front Row has made its fourth acquisition. The New York-based agency, which works with brands like Kosas, La Mer and more in e-commerce…
Lifestyle
How a Classic South Korean Dessert Inspired Glow Recipe’s New Launch
Glow Recipe‘s food-inspired product suite is getting a sweet addition. Enter Glass Balm, the brand’s second lip product, which will debut…
Business
ByteDance aims to match Meta sales in 2025 as TikTok gains steam
Its flagship Chinese video platform Douyin is grappling with waning consumption and advertising spending across the world’s second-largest…
Business
Meta asks judge to rule that FTC failed to prove its monopoly case
FACEBOOK parent company Meta Platforms asked a federal judge on Thursday to throw out the US Federal Trade Commission’s case accusing it…
Business
Harvey Norman operator Ossia surges over 40% following privatisation offer from controlling shareholders
The offerors say the company faces a challenging environment in Singapore and abroad Shares of Ossia jumped more than 40 per cent on…
Business
Australia: Shares hit over two-month high, RBA rate decision in focus
AUSTRALIAN shares jumped to an over two-month high on Friday, led by gains in banks and miners, ahead of the Reserve Bank of Australia’s…
Business
Mapletree Industrial Trust divests three Singapore industrial assets for S$535.3 million
Mapletree Industrial Trust (MIT) divested three of its Singapore industrial properties to Brookfield Asset Management for S$535.3 million,…
Business
Stocks to watch: SIA, MIT, Sats, NetLink NBN Trust, Japfa, Amara, LHN
The following companies saw new developments that may affect trading of their securities on Friday (May 16). Singapore Airlines (SIA): The…
Business
Construction of new hotels picks up in Middle East
The hotel construction pipeline in the Middle East expanded in the first quarter of 2025, reaching 634 projects and 158,656 rooms,…
Business
Ex-Goldman banker leads China’s push to revive Hong Kong finance
The crowd was taken aback as China’s point person for financial matters in Hong Kong laid out plans to re-energise the city’s markets. Qi…
Business
Meta delays release of its ‘Behemoth’ AI model: WSJ
Platforms is delaying the release of its flagship “Behemoth” AI model due to concerns about its capabilities, the Wall Street Journal…
News
Mexico Beach debates regulation of food trucks amidst growth
MEXICO BEACH, Fla. (WMBB) – After Hurricane Michael devastated Mexico Beach, food trucks served residents during the time of recovery. And…
Lifestyle
Asics and Temptation Vacation Collaborate on Footwear Collection Inspired by Australia’s Coastal and Earthy Hues
Temptation Vacation is set to release its first sneaker collaboration later this month, partnering with Asics on an updated take of the…