Business
Is ChatGPT really making us dumb and lazy?
Since ChatGPT’s debut in 2022, generative AI quickly entered our work, study, and personal lives, helping to speed up research, content…
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Business
Business
Entire church begins two-day journey across Swedish city of Kiruna
Erika Benke BBC News, Kiruna Alandmark 113-year-old church at risk from ground subsidence is being relocated in its entirety - in a 5km (3…
Business
China’s overcapacity crackdown faces litmus test in solar sector
China’s efforts to curb industrial overcapacity face their first test in the indebted and bloated polysilicon sector, a key cog in solar…
Business
How to layoff proof your job
When times are good and the economy is expanding, companies grow in a variety of ways. They build in some redundancy so that key functions…
Business
US Open 2025 mixed doubles: How event featuring Carlos Alcaraz and Emma Raducanu is dividing opinion
When the US Open announced it was "reimagining" mixed doubles, the rationale was to "elevate" the event and create "greater focus" on the…
Business
Goldman Sachs opens new Mumbai office with bigger footprint
India’s financial sector is seeing a renewed wave of global interest from Wall Street lenders and private equity giants Goldman Sachs…
Business
Manolo Blahnik’s DTC Strategy Means Less Wholesale, More Stores
Manolo Blahnik‘s strategic shift to direct-to-consumer is taking hold. The brand’s financial results for the year ended Dec. 31, 2024,…
Business
Singapore-based Shein reportedly weighs moving back to China to ease path for Hong Kong IPO
Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities’…
Business
Singapore-based Shein said to be weighing shift back to China to ease path for Hong Kong IPO
Shein has considered relocating its headquarters back to China, in an effort to gain Beijing authorities’ approval for its planned Hong…
Business
OpenAI rolls out cheapest ChatGPT plan at 399 rupees in India to chase growth
GPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees (S$5.90) per month, its most…
Business
Beauty Sales for the First Half Hit $50.6 Billion in the U.S.
Beauty is showing resilience to broader macroeconomic headwinds, Circana data from the first half of 2025 shows. In the U.S., the prestige…
Business
UOBKH lifts target price for Food Empire by 14% as H1 results beat expectations
UOB Kay Hian (UOBKH) raised its target price for Food Empire by 14 per cent to S$2.73, from S$2.40, and maintained its “buy” call on the…
Business
iFast plunges over 11% after Temasek-linked shareholder offloads S$131 million worth of shares
Shares of iFast plunged minutes after the market opened on Tuesday (Aug 19), as major shareholder CP Invest – a subsidiary of…
Business
iFast plunges 8.5% after Temasek-linked shareholder offloads S$131 million worth of shares
Shares of iFast plunged on Tuesday (Aug 19), as substantial shareholder CP Invest – a subsidiary of Temasek-owned Cuscaden Peak…
Business
Pop Mart earnings may fuel rally as shares trail price target
Pop Mart’s first-half earnings and outlook commentary may provide a fresh reason for investors to build positions in the shares after a…
Business
Pop Mart’s Labubu doll frenzy drives 204% revenue surge, 397% profit jump
— Chinese plush toymaker Pop Mart International Group reported robust revenue and profit growth, boosted by global demand for its hugely…
Business
Tokyo: Nikkei slips from record high as investors weigh Wall Street lull
Japan’s Nikkei share average slipped from a record high to trade flat on Tuesday, as investors weighed Wall Street’s muted overnight…
Business
China’s limp LNG demand faces more hurdles from Guangdong reform
China’s tepid imports of liquefied natural gas (LNG) face further pressure after market reforms in the southern province of Guangdong that…
Business
Intel shares jump as Softbank to buy $2bn stake in chip giant
Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer…
Business
Blackrock readies venture secondaries fund as market expands
The secondary market for private fund stakes has exploded in size alongside a boom in private markets generally BlackRock is preparing to…
Business
Gold holds steady as investors eye Fed’s Jackson Hole meeting
Gold prices were little changed on Tuesday (Aug 19) as investors focused on the Federal Reserve’s Jackson Hole meeting later this week,…
Business
Xiaomi’s US$120 billion gain faces scrutiny on smartphone slowdown
Investors anxiously await an earnings report from Xiaomi, following a rally that has driven its market value up US$120 billion in the past…
Business
Xiaomi’s revenue rises 31% after second EV excites consumers
Xiaomi’s quarterly revenue rose a slightly better-than-anticipated 31 per cent after the successful launch of its second electric vehicle…
Business
China Medical System H1 profit rises 3.4% to 941.2 million yuan; to pay interim dividend of S$0.028
China Medical System (CMS) posted a rise in first-half profit and interim dividend on Monday (Aug 18), its first set of results after its…