Business
Tesla market share in US drops to lowest since 2017 as competition heats up
The falling share reveals the company’s increasingly difficult choice of supporting sales using higher, profit-destroying incentives for…
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Business
Business
Tom Mendenhall Named CEO of Stella McCartney
LONDON – Tom Mendenhall is taking over as chief executive officer of Stella McCartney, stepping into the role held by Amandine Ohayon, who…
Business
Aoxin Q&M’s ex-CEO accused of taking 15 million yuan via improper loans, sham share deals
The audit committee has ‘reasonable evidence’ that four whistleblower reports received by the board are credible The audit committee of…
Business
Why CEOs should care about the eroding middle class
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…
Business
Singapore stocks end flat amid regional rally amid US rate cut expectations
Local stocks ended flat on Monday (Sep 8) while Asian markets rallied amid expectations that the US will cut rates in September, given a…
Business
China can’t be counted on to absorb global crude surplus as Opec+ bumps up production: market watchers
Crude could trade at below US$60 a barrel by end-2025 as the world’s largest oil importer slows down stockpiling The crude oil market is…
Business
China’s e-commerce companies are getting singed by a price war
The bitter battle among China’s major online companies to win the “instant retail” war is expected to further depress their short- 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
Bank Indonesia, government allay concerns that 'burden sharing' deal will reduce independence
The deal has “the potential to damage BI’s reputation as an independent institution” Indonesia’s government and central bank sought to…
Business
Alibaba is No 1 for China traders ploughing HK$13.5 billion in stock
Renewed optimism over Alibaba Group Holding’s potential in artificial intelligence has turned the stock into Chinese investors’ favourite…
Business
ECB set to hold rates steady with eye on France crisis
With inflation stable, central bank seeking to support beleaguered eurozone while French PM faces confidence vote The European Central…
Business
Still ‘more things to be done’ to reap synergies across OCBC: deputy CEO Tan Teck Long
OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated…
Business
Still ‘more things to be done’ to reap synergies across OCBC: CEO-designate Tan Teck Long
OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated…
Business
Ex-sergeant major admits sexually assaulting soldier who took her own life
Jonathan BealeDefence correspondent A former Army Sergeant Major has pleaded guilty to sexually assaulting a teenage female soldier who…
Business
Tech is making workers’ jobs more dangerous instead of safer
Technologies from AI to advanced robotics have been celebrated for their ability to lighten people’s workload. But despite their promises,…
Business
Competition watchdog launches public consultation on TPG’s proposed privatisation of Econ Healthcare
The Competition and Consumer Commission of Singapore is inviting feedback from Monday to Sep 19, 5 pm The country’s competition watchdog…
Business
Competition watchdog seeks public’s views on TPG’s proposed privatisation of Econ Healthcare
The Competition and Consumer Commission of Singapore is inviting feedback from Monday to Sep 19, 5 pm The country’s competition watchdog…
Business
China’s commodities imports rise as seasonal demand revives
China’s commodities imports broadly rose in August as buyers geared up for the increase in industrial activity that usually accompanies…
Business
EXCLUSIVE: New CEO Is Poised for Parfums de Marly, Initio Parfums Privés
PARIS — There’s a changing of the guard at the top of niche fragrance brands Parfums de Marly and Initio Parfums Privés. Julien Sausset —…
Business
Asia: Shares rise as Japan politics weigh on yen
Asian markets rose on Monday (Sep 8), with Tokyo up nearly two per cent after Japanese Prime Minister Shigeru Ishiba’s decision to resign…
Business
John Varvatos Brand to Mine SoHo Roots With New Store, Collection
The John Varvatos brand is getting a boost for its 25th anniversary. The company, now owned by the private equity firm Lion/Hendrix Cayman…
Business
The Independents Takes Minority Stake in The Outsiders Perspective
LONDON — The Outsiders Perspective has joined L’Incubateur, an initiative launched by Alexandre de Betak, famed show producer of Bureau…
Business
Singapore-Johor SEZ helps southern state beat Singapore, Malaysia’s growth: DBS
The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, according to a DBS report released on Thursday (Sep 4). The…