Business
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth
From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the world’s most populous nation…
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Business
Business
Asia: Markets creep up as investors await key speech
ASIAN markets edged mostly upward in muted morning trading on Thursday, one day before a key speech expected to offer signals about future…
Business
India becomes rare hub for green IPOs with US$4 billion of deals
India is seeing a revival in clean-energy initial public offerings (IPOs) as companies capitalise on Prime Minister Narendra Modi’s push…
Business
Bank of Japan chief’s dogged caution tempers board’s hawkish instincts
In 2024, Kazuo Ueda delivered Japan‘s first interest rate hike in 17 years, a bold shift for a central bank once dominated by advocates of…
Business
Australia: Shares hit fresh high on mining and banks boost
AUSTRALIAN shares rose to a record high on Thursday, driven by miners and banks, while investors awaited US Federal Reserve Chair Jerome…
Business
AI job cuts debacle sees biggest Australia bank reverse tack
Commonwealth Bank of Australia (CBA) reversed a decision to cut 45 customer service roles due to new artificial intelligence (AI)…
Business
Great Eastern resumes trading after year-long suspension, opens at S$13.21 following bonus issue
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21), after a proposed bonus share issue lifted its free float above 10 per…
Business
Great Eastern resumes trading after year-long suspension; closes 10% lower than OCBC’s best offer
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21), after a proposed bonus share issue lifted its free float above 10 per…
Business
Gold little changed as investors await Jackson Hole remarks
Gold prices were steady on Thursday (Aug 21) as investors awaited cues into the US Federal Reserve’s policy outlook ahead of the Jackson…
Business
Stocks to watch: Sats, Great Eastern, Wing Tai, Beng Kuang Marine, Capital World
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 21): Sats: The airline caterer…
Business
We finance our disadvantages—and call it progress
A lot of people are getting fed up with how powerful people and institutions benefit themselves while things get worse by the day for the…
Business
Microsoft curbs early access for Chinese firms to notifications about cybersecurity flaws
Microsoft has curtailed Chinese companies’ access to advance notifications about cybersecurity vulnerabilities in its technology after…
Business
Singapore-focused listed companies are having their turn in the spotlight
The oft-heard complaint is that Singapore’s market is too small and, beyond the banks, no one can make much money from investing in it.…
Business
US banks cut back muni exposure to lowest since financial crisis
US banks are holding the smallest share of debt sold by states and localities since the financial crisis despite attractive valuations and…
Business
A creative’s guide to community-building
I grew up on different continents—Africa, Europe, and North America. Having the privilege of living in and experiencing diverse countries…
Business
Calvin Klein Unveils New Global Flagship in Tokyo
Calvin Klein Inc., a subsidiary of PVH Corp., will open a new, sprawling Calvin Klein global flagship in Tokyo on Aug. 29. Located at…
Business
Fed minutes show majority of FOMC saw inflation as greater risk
Most US Federal Reserve officials highlighted the risk to inflation as outweighing concerns over the labour market at their meeting last…
Business
Europe: Stoxx 600 closes higher but gains limited by tech, defence
EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited…
Business
US: Wall Street mostly down as tech still under pressure
stocks closed mostly lower on Wednesday as the tech sector remained under pressure while investors kept an eye on retail earnings and…
Business
Tory councils should consider asylum hotel challenges, says Badenoch
Conservative leader Kemi Badenoch is encouraging Tory-controlled councils to consider launching legal challenges against the use of hotels…
Business
Coty Shares Drop as Much as 17 Percent After Wider-than-expected Q4 Loss
After closing down just 0.5 percent at $4.86, Coty’s stock price dropped more than 17 percent in after-hours trading Wednesday after a…
Business
Saks Global Cuts 90 Positions in Latest Cost Reduction Maneuver
Saks Global triggered another round of layoffs this week, giving pink slips to 90 employees within the luxury retailer’s commercial…
Business
Trump and Melania’s Scammy Meme Coins Have Lost Almost All Value
You may recall that the president has a memecoin, $TRUMP. Days before his second inauguration, the president—who told Fox News in his…
Business
Jake Paul to fight world champion Gervonta Davis on 14 November
Jake Paul will take on WBA lightweight champion Gervonta Davis in an exhibition fight in Atlanta, Georgia on 14 November. Davis' title…