Business
Asian markets stumble as traders struggle to hold Fed cut rally
Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks Asian markets struggled to maintain their early…
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Business
Business
Court sides with Adidas in appeal over Kanye West collaboration
Adidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West - otherwise known…
Business
Ship rates spiking 467% marks upended trade across commodities
Freight rates have eased slightly from a peak at the end of November, but elevated costs are reverberating across the shipping market…
Business
Paramount hikes Warner Bros breakup fee to US$5 billion
Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to…
Business
Steve Cropper, guitarist of Booker T and the MGs, dies aged 84
Steve Cropper, the legendary guitarist with Booker T and the MGs, has died at the age of 84. The musician, who played on and co-wrote Otis…
Business
Race for talent is on as bankers brace for IPO boom in Vietnam
Vietnam’s potential upgrade to emerging-market status by FTSE Russell in September has investment banks bulking up staff in anticipation…
Business
Gold holds steady after weak US jobs data reinforce rate-cut bets
Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of…
Business
Patients clogging up A&E with hiccups, sore throats and niggles
Patients are being warned not to clog up A&E with everyday niggles as NHS figures show thousands turned to hospitals for minor ailments…
Business
M&A boom fuels record decline in Japan’s listed companies
The country is mirroring the decline in listings in developed markets that has been going on for decades Japan has nearly as many listed…
Business
Ringgit rally, fiscal strength fuel Malaysia’s bond momentum
Malaysia’s improving fiscal outlook, moderating inflation and resilient currency are enhancing the appeal of its bonds, positioning them…
Business
Goldman, BlackRock rush to fill wealth-advice void in Australia
As governments everywhere struggle with ageing populations and ballooning deficits, the country’s superannuation system stands out as a…
Business
Stocks to watch: Cordlife, DFI Retail Group, SingLand, Tuan Sing, Vibrant Group
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 4): Cordlife: The cord-blood…
Business
Nvidia’s Huang unsure whether China would accept its H200 chips
Allowing H200 sales to the Asian nation would mark a significant win for the world’s most valuable company Nvidia chief executive officer…
Business
Concerns of weak prospects at Low Keng Huat belie a history of strong shareholder returns
Over the past 16 years, its shares have delivered a total return higher than that of STI, CDL, Hongkong Land and UOL shares The offeror…
Business
Singapore’s SGX mulls bid for Cboe Australia, AFR reports
Australia’s financial regulator is working closely with the parent company to find a suitable buyer Singapore’s stock exchange is…
Business
Intel says it will keep networking and communications unit
The chip maker has considerably improved its cash position as a result, finance chief Dave Zinsner says Intel said on Wednesday (Dec 3)…
Business
Indexes close higher as data keeps Fed rate cut expectations elevated
US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut…
Business
PVH Profits Slip, but Top Q3 Estimates as Reinvention Continues
PVH Corp.’s third-quarter profits slipped, but topped expectations as Stefan Larsson continued on the next leg of his journey, resetting…
Business
European shares end flat; Inditex jumps on strong November sales
European shares ended largely steady on Wednesday (Dec 3), aided by gains for technology that offset sharp declines in financials, while…
Business
Meta hires away Apple’s top design exec
Apple just lost a top design talent. Meta has hired Alan Dye, who was the head of Apple’s human interface design team. The company is…
Business
People admit to 'secret spending' without telling partners
Archie Mitchell,Business reporterand Michael Sheils McNamee British adults are hiding their outgoings on things like beauty products,…
Business
Spotify Wrapped’s genius marketing taps into individuality and belonging
Even before this year’s Spotify Wrapped dropped, I had a hunch what mine would reveal. Lo and behold, one of my most-listened-to songs was…
Business
Air Jordan 4 ‘Black Cat’ Sneakers Scored Big on StockX This Weekend + More Shoes That Won the Shopping Holiday
The Air Jordan 4 “Black Cat” sneaker was the No. 1 best-selling product on Cyber Weekend and the biggest Black Friday sneaker release in…
Business
Stock market hovers near all-time high on Fed rate cut expectations and retail rally
The U.S. stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy’s, Marvell…