Business
Japan’s trading houses brace for more pain from China steel glut
The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six…
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Business
Business
Troubled New Zealand wildlife park euthanises two lions
A New Zealand wildlife park has been forced to euthanise two of their lions, following the closure of the park amid ongoing financial…
Business
Inside Out Acquires The Simple Folk Brand
In keeping with its environmental advocacy, Inside Out, the global holding company that was started by Suzy Amis Cameron has acquired…
Business
Apollo, KB Securities team up to expand private credit in South Korea
The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing,…
Business
SoftBank said to have weighed potential takeover of Marvell
The Japanese conglomerate’s push into the space has gone beyond pure mergers and acquisitions. SoftBank Group explored a potential…
Business
China’s robotaxi firms Pony.AI and WeRide sink on Hong Kong debut
SHARES in Chinese self-driving start-ups Pony.AI and WeRide tumbled on their Hong Kong debuts on Thursday, after raising more than US$1.1…
Business
Asia: Markets bounce from selloff as US jobs beat forecasts
ASIAN markets rose on Thursday to claw back some of the previous day’s hefty losses as investors tracked a bounce on Wall Street sparked…
Business
UOB’s nearly S$1 billion in extra allowances akin to ‘buying insurance’: CEO Wee Ee Cheong
UOB’s decision to increase allowances by almost S$1 billion – which led net profit to tumble by more than two thirds – for the latest…
Business
Gold edges lower as US jobs data dents rate-cut expectations
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Gold dipped on Thursday (Nov 6) after…
Business
Nissan sells Yokohama headquarters for 97 billion yen as part of restructuring
Nissan Motor said on Thursday it has concluded a 97 billion yen (S$840 million) trust beneficiary rights transfer agreement to sell and…
Business
Lendlease Reit raises S$280 million in private placement
The manager of Lendlease Global Commercial Real Estate Investment Trust (Reit) on Thursday (Nov 6) announced the completion of a private…
Business
Stocks to watch: DBS, UOB, PropNex, LHN, Coliwoo, Lendlease Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Nov 6): Source link
Business
Investors Cheer Steve Madden’s Brightening Outlook
Steven Madden Ltd. CEO Edward Rosenfeld had great news about the shoe firm’s prospects, and investors cheered. Shares of Madden spiked…
Business
Elliot Grainge’s 10K Projects Sued by Internet Money Label Over Breach of Contract and Misconduct
Elliot Grainge’s 10K Projects has been sued by Taz Taylor’s Internet Money, which claims that the company breached fiduciary and…
Business
Interest rates expected to be held as Budget looms
Kevin PeacheyCost of living correspondent Policymakers at the Bank of England are widely expected to hold interest rates at 4% following…
Business
UOB Q3 net profit tumbles to S$443 million as it shores up pre-emptive general allowances
UOB’s net profit for the third quarter ended Sep 30, 2025, fell as the lender “pre-emptively set aside” additional allowances. Net profit…
Business
Eyes turn to space to feed power-hungry data centres
TECH firms are floating the idea of building data centres in space and tapping into the sun’s energy to meet out-of-this-world power…
Business
British stablecoin regime to keep pace with US, official says
The UK central bank will unveil its proposed regime on stablecoin regulations on Monday Bank of England (BOE) deputy governor Sarah…
Business
Europe: Shares close higher with earnings in spotlight; tech stocks waver
EUROPEAN shares recovered towards the close to end higher on Wednesday, after falling earlier in the session when a selloff in technology…
Business
Steven Madden CEO Edward Rosenthal: ‘The Worst is Behind Us’
Steven Madden Ltd. CEO Edward Rosenthal had great news about the shoe firm’s prospects, and investors cheered. Shares of Madden spiked up…
Business
Coty Sees Sales Slip in Q1 as Gucci License Loss Looms
Coty Inc.‘s sales slipped in the first three months of fiscal 2026, the beauty company reported Wednesday, just weeks after it was…
Business
EXCLUSIVE: Saks Off 5th Sets Nine Store Closings
Saks Off 5th, the off-price retailer within Saks Global, will close nine of its 79 locations beginning in January, WWD has learned. The…
Business
McDonald’s is losing its lowest-income customers — and it’s not hard to see why
The results are in. McDonald’s latest earnings report sheds light on the growing divide among U.S. consumers—as the wealthiest Americans…
Business
Postings for this AI job are up 800%
Many big companies have cited AI as a reason for recent layoffs. But the new technology transforming the workforce may create some new…