Business
L’Oréal Stock Takes a Hit After Q3 Results Release
PARIS – L’Oréal stock sank on the Paris bourse Wednesday after its third-quarter results underwhelmed the market. At 11:50 a.m. CET, the…
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Business
Is gold losing its shine? What bullion’s plunge could signal, according to analysts
The precious metal was up 60% this year till recently, outstripping Bitcoin and the Magnificent Seven stocks Questions on whether gold’s…
Business
Eurostar orders first double-decker trains
Eurostar has revealed plans to run double-decker trains through the Channel Tunnel for the first time. The cross-channel rail operator has…
Business
Mandarin Oriental acquisition bid shows it’s better to invest in Jardine Matheson
Analysts say the proposed buyout is a good deal for Jardine Matheson, but not so much for Mandarin Oriental International minority…
Business
Lum Chang could ride on construction upcycle, restructuring to high single-digit profit growth: analyst
Tickrs Financial Singapore initiatives coverage on the stock with a ‘buy’ call and target price of S$0.525 Mainboard-listed construction…
Business
Mosquitoes found in Iceland for first time after record heat
Mosquitoes have been found in Iceland for the first time after the country experienced record-breaking heat this spring. Insect enthusiast…
Business
Indonesia’s central bank surprises with decision to hold rates steady
The overnight deposit and lending rates were also kept at 3.75 per cent and 5.50 per cent Indonesia’s central bank unexpectedly held its…
Business
Barclays announces £500 million buyback, upgrades 2025 guidance on strong income
Barclays announced a surprise £500 million (S$865.2 million) share buyback and upgraded its performance target for the year as it struck…
Business
Heineken to sell less beer in 2025 as demand falters
CEO Dolf van den Brink said macroeconomic volatility had become more pronounced in the third quarter Dutch brewer Heineken warned on…
Business
Changi Airport’s Q3 passenger traffic up 3.1%
Top markets are China, Indonesia, Malaysia, Australia and India; air freight throughput up 3.7% Changi Airport posted 17.3 million…
Business
First league table of antidepressant side effects
James GallagherHealth and science correspondent Side effects of different antidepressants have been ranked for the first time, revealing…
Business
Singapore is top IPO market in South-east Asia in Q3: EY report
India, the US and Greater China contribute nearly 80% of the total US$48.2 billion in proceeds Singapore was the top initial public…
Business
Thailand monetary policy should remain accommodative, central bank minutes show
The Bank of Thailand will keep monetary policy accommodative to support an economic recovery and remains ready to adjust policy settings…
Business
NUS selling US$500 million of PE, property funds to manage liquidity, China exposure
Sales of such portfolios often come with a discount to the net asset value in return for getting the capital sooner The National…
Business
MAS to announce measures to help listcos deliver greater shareholder value in November: Chee Hong Tat
They will include government grants, toolkits, and an expanded suite of engagement platforms The Republic will be announcing more details…
Business
MAS to announce in November measures to help listcos deliver greater shareholder value: Chee Hong Tat
They will include government grants, toolkits, and an expanded suite of engagement platforms The Republic will be announcing more details…
Business
Sanli Environmental scoops S$281 million LTA contract
Catalist-listed Sanli Environmental won a S$281 million contract from the Land Transport Authority (LTA) on Tuesday (Oct 21). The contract…
Business
Zegna, Mytheresa Curate Turin Experience
MILAN — Mytheresa is launching the “My Torino Experience” with Zegna. The Munich-based retailer is planning a welcome cocktail Wednesday…
Business
Aritzia Launches Immersive Shopping App Offering Exclusive Content and Personalized Styling
Aritzia, the Vancouver-based retailer known for its “Everyday Luxury” elevated essentials, will launch its first app — available to…
Business
Indonesia plans debut yuan bonds as dim sum issuance hits record
The country is also seeking more funding sources as President Prabowo Subianto tries to boost economic growth Indonesia is planning its…
Business
Gold falls again as rally comes to halt, Asian markets drop
GOLD and silver tumbled for a second day on Wednesday, bringing a rally in the precious metals to a juddering halt, while equities also…
Business
Gold extends retreat from record high on profit-booking, trade optimism
The Fed will lower its key interest rate by 25 basis points next week and again in December Gold prices fell further on Wednesday (Oct…
Business
China says Dutch Nexperia seizure places supply chain at risk
The company is a subsidiary of Wingtech Technology and a key supplier of mature chips used by the automotive and consumer electronics…
Business
Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year
Rainmakers at the top investment banks say they expect the flurry of takeovers to continue Deep-pocketed sovereign wealth funds are…