Business
Sony says spinoff will give financial arm its own fundraising capabilities
It is the first partial spinoff by a company in Japan with a direct listing – the first in Japan in more than two decades – set for Sep 29…
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Business
Business
Loro Piana Record Bale Award Celebrates Superior Quality and Community
MILAN — Anyone suggesting that Loro Piana’s ability to source some of the finest and most luxurious fibers across the world is just the…
Business
Reeves outlines plan for £25bn pension 'megafunds'
Lucy Hooker Business reporter The government has fleshed out its plans for reforming the UK pension industry, including the creation of…
Business
Nikkei ends at two-week high on US tariff relief, chip rally
Japan’s Nikkei ended trade on Thursday (May 29) at the highest point in more than two weeks after a US court blocked President Donald…
Business
Bioprinted organs ‘10–15 years away,’ says startup regenerating skin
Human organs could be bioprinted for transplants within 10 years, according to Lithuanian startup Vital3D. But before reaching human…
Business
What are private markets, and what risks should investors take note of?
Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the…
Business
As listcos head for the door, are private markets the answer for investors?
Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the…
Business
Women's US Open: Why $12m event comes at a crucial moment for the game
The ebullient Whan, better than most golf executives, understands such dynamics. He knows how to connect and communicate with players,…
Business
Foxconn to soon announce second Japanese auto partner, chairman says
The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brands Taiwan’s…
Business
Aramco CEO will keep borrowing even as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Business
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Business
Asia: Equities boosted by US court’s tariff ruling, Nvidia results
Asian stocks rallied with US futures on Thursday after a US court blocked Donald Trump’s sweeping global tariff blitz, dealing a hefty…
Business
Jenna Fischer Says the Later Seasons of ‘The Office’ Are ‘Really Good’ Despite ‘Belief’ that the Show Was ‘Treading Water’ After Steve Carell’s Exit: ‘There Were Still These Amazing Storylines’
As one of the show’s most iconic characters, it’s fitting that Jenna Fischer has love for every season of “The Office.” Fischer, who…
Business
Vietnam’s AI ambitions hinge on one US$6.8 billion tech company
Four decades ago, Truong Gia Binh set up a technology company using a single computer in a room loaned by his then-father-in-law, general…
Business
Shopee's SPX Express partners Frasers Property Vietnam to build automated sorting centre
Facility includes advanced two-storey automated sorting machines that can sort up to 7 million parcels a day, the highest for SPX Express…
Business
Top Thai wind power firm to fund 65 billion baht of spending with IPO
Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the…
Business
Meta AI bot used a billion times monthly: Mark Zuckerberg
Meta chief Mark Zuckerberg touted the tech firm’s generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders…
Business
NIE, Amazon Web Services set up AI-focused innovation hub for edtech research
The National Institute of Education (NIE) and Amazon Web Services (AWS) on Thursday (May 29) announced the launch of the Technology for…
Business
South Korea central bank cuts rate, slashes 2025 growth forecast
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President…
Business
Golden eagles flying back to northern England
Jo Lonsdale BBC North East and Cumbria Investigations After years of absence, golden eagles are beginning to venture back into England…
Business
Seatrium posts S$21.3 billion Q1 net orders
Seatrium recorded net order book wins amounting to S$21.3 billion as at end-March, comprising 26 projects with delivery dates till 2031.…
Business
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building CapitaLand Ascendas Real Estate Investment…
Business
Salesforce says AI has reduced hiring of engineers and customer service workers
Tech companies are relying on artificial intelligence to help with everything from customer service to software engineering Salesforce…
Business
Hong Kong, Saudi bourses seek deeper ties to spur trading volume
Hong Kong and Saudi Arabia are ramping up efforts to boost trading activity as inflows to their exchange-traded funds (ETFs) wane and…