Fashion
Shein, hit with big fines, boosts internal controls
The online fast-fashion retailer has grown to become the world’s biggest fast fashion retailer by sales Online fast-fashion retailer Shein…
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Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel
The contract was with a Maersk Offshore Wind affiliate, for deployment at US offshore wind farm Seatrium on Friday (Oct 10) announced that…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 7%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
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Airbus needs to deliver 300 more aircraft to hit annual goal
Single-aisle jets are the most important product for both the European planemaker and rival Boeing, making up the bulk of their commercial…
Business
Gold prices hit record high, nears US$4,000 per ounce mark on safe-haven demand
Gold prices climbed to an all-time high on Wednesday (Oct 8), nearing the crucial US$4,000-per-ounce level, bolstered by economic and…
Business
Asia: Tokyo stocks hit new record as markets extend global rally
JAPANESE stocks hit another record on Tuesday, building on the previous day’s surge following the election of a pro-stimulus advocate to…
Business
Applied Materials warns of sales hit from latest curbs on China
The long-awaited rule seeks to prevent sanctioned companies from using affiliates to access restricted US goods Applied Materials, the…
Business
US: S&P 500, Nasdaq hit intraday record highs as rate-cut hopes Trump shutdown jitters
The S&P 500 and the Nasdaq hit intraday record highs at market open on Thursday (Oct 2), on the back of renewed expectations for interest…
Business
Musk becomes first person to hit US$500 billion net worth, Forbes list shows
Elon Musk on Wednesday (Oct 1) became the first person to surpass US$500 billion in net worth, powered by a rebound in Tesla’s share price…
Business
US may need more slack in job market to hit 2% inflation: Fed’s Logan
The US labour market likely needs to weaken further for the Federal Reserve to achieve its 2 per cent inflation target, as prices are…
Business
Australian shares hit near 2-week high as banks, healthcare stocks gain
Australian shares rose on Monday (Sep 29), led by financials ahead of a widely expected hold on interest rates by the central bank, while…
Business
Europe: Shares touch three-week low as med-tech hit by US import probes
EUROPEAN stocks were dragged down by med-tech shares on Thursday after the US launched fresh import probes, while investors sifted through…
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Sperry and Colbo Are Delivering a Sequel to Their Hit Boat Shoe Collab
After finding a rabid audience for their distressed and butter-soft boat shoes this summer, Sperry and Colbo are back for another…
News
Tyler Robinson: Charlie Kirk Shooter Could Face Firing Squad as He Is Hit with Seven Counts Including Aggravated Murder
Tyler Robinson has now been formally charged over last week's deadly shooting of conservative commentator Charlie Kirk — and if found…
Business
S&P 500, Nasdaq hit new highs ahead of Fed rate meeting
Street stocks gained on Monday with the S&P 500 and Nasdaq reaching new records on hopes that the US Federal Reserve will cut interest…
Business
SK Hynix shares hit record with news of AI memory milestone
SK Hynix’s stock climbed as much as 5.9 per cent on Friday (Sep 12) to a record after the company announced it had completed development…
Business
US: S&P 500, Nasdaq hit record highs on boosted rate-cut bets
The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday (Sep 10), after cooler-than-expected producer inflation data…
News
French wine production hit by summer heat waves and wildfires
Output is projected to be 37.4 million hectolitres, down from an August estimate of as much as 42.5 million hectolitres France expects…
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Boat Carrying Greta Thunberg and Flotilla Members Set on Fire after Being Hit by Drone Off North Africa Coast
The lead vessel in a flotilla headed by activist Greta Thunberg was reportedly targeted and hit by a drone while it was on its way to…
Business
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
Chinese lines Cosco Shipping Holdings and Orient Overseas (International) could be hit by US port fees amounting to more than US$2.1…
Business
US: S&P 500, Nasdaq hit record high after weak jobs data
The S&P 500 and the Nasdaq hit record highs on Friday (Sep 5) after weaker-than-expected August jobs data bolstered expectations for…
Business
Apple’s India sales hit record US$9 billion after big retail push
Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer demand for its…
Business
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded…