Business
Ferragamo and CEO Marco Gobbetti to Part Ways
MILAN – Salvatore Ferragamo SpA revealed on Monday that it had reached an agreement with chief executive offcer Marco Gobbetti to mutually…
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Business
Business
Marketing Executive Txampi Diz to Exit Casablanca Paris
MOVING ON: Txampi Diz is to leave his role as chief marketing officer at Casablanca Paris to pursue other opportunities, WWD has learned.…
Business
Trump Tariffs Rattle Markets, Media Stocks Dragged Lower
President Trump’s imposition of new U.S. tariffs on imports from China, Mexico and Canada drove down stocks across the board Monday, with…
Business
AI in Retail: The Questions Every Retailer Should Ask Before Investing
Artificial intelligence, and now generative AI, has rapidly transformed the business landscape, particularly for retailers navigating…
Business
Cathay Cineplex receives letters of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operations CATHAY…
Business
China Evergrande’s EV unit says struggling to attract investors amid liquidity crisis
CHINA Evergrande New Energy Vehicle said on Monday (Feb 3) it is struggling to attract strategic investors amid a severe liquidity crisis,…
Business
Trump’s meme coin made nearly US$100 million in trading fees, as small traders lost money
ENTITIES behind President Donald Trump’s crypto coin have accumulated close to US$100 million in trading fees in less than two weeks,…
Business
Lendlease Global Commercial Reit reports 14.3% lower H1 DPU of S$0.018
LENDLEASE Global Commercial Real Estate Investment Trust’s (Lendlease Reit) distribution per unit (DPU) fell 14.3 per cent to S$0.018 for…
Business
Woman unsure how to handle coworker's life-changing personal news
An unsure woman has turned to the internet for advice on how to deal with her expectant coworker after she was evidently excluded from her…
Business
Gordon Tang and wife extend closing date of cash offer for Suntec Reit to Feb 7
THE closing date of the mandatory conditional cash offer made by property tycoon Gordon Tang and his wife Celine to acquire all units of…
Business
Old image used to claim former sect leader attacked amid tensions with Kenya’s ex-deputy president
Amid tensions with Kenya’s ex-deputy president Rigathi Gachagua, the former leader of the outlawed Mungiki sect and his supporters…
Business
KKR, Gaw look to sell Tokyo Hyatt Regency for over 100 billion yen
KKR and Gaw Capital Partners are in talks to sell the Hyatt Regency hotel in Tokyo to Japan Hotel Reit Investment for more than 100…
Business
Julius Baer announces 400 job cuts, executive board revamp
JULIUS Baer Group’s new chief executive officer Stefan Bollinger announced a radical revamp of the bank’s leadership and a cost-cutting…
Business
SingPost Singapore CEO Shahrin Abdol Salam resigns; COO Neo Su Yin to assume additional responsibility
SINGAPORE Post’s (SingPost) local operations chief executive Shahrin Abdol Salam has resigned. Shahrin, who turns 52 this year, left the…
Business
Private healthcare players upbeat as China hospitals ease rules on foreign ownership
Significant investments are needed for these hospitals to make returns, observers say THE Chinese government’s recent move to allow…
Business
Great Eastern’s Malaysian units terminate proposed acquisition of AmMetLife
The four parties were initially expected to sign agreements for the distribution of life insurance and family takaful products, a type of…
Business
Bank of Japan debated weak-yen risk, scope for more rate hikes at January meeting, summary shows
BANK of Japan (BOJ) policymakers discussed the likelihood of raising interest rates further with some warning of upside inflation risks…
Business
Taiwan leads Asia-wide stock tumble as Trump wields tariff weapon; STI sheds 1.5% before recovering
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, Canada and Mexico…
Business
SoftBank’s Son, OpenAI’s Altman to unveil Japan AI thrust
SOFTBANK Group’s founder Masayoshi Son is taking the stage in Tokyo on Monday (Feb 3) with OpenAI chief Sam Altman, part of a global push…
Business
SoftBank, OpenAI unveil Japan AI joint venture
SoftBank Group CEO Masayoshi Son said on Monday (Feb 3) he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to…
Business
Singapore shares fall at Monday’s open; STI down 1.5%
SINGAPORE shares tumbled at the open on Monday (Feb 3) as investors mulled over the impact of tariffs imposed by US President Donald Trump…
Business
Stocks to watch: Sembcorp, Sats, CapitaLand Ascott Trust, Raffles Medical
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 3): Sembcorp Industries: The…
Business
Barrenjoey opens Hong Kong office as Australian firm expands
BARRENJOEY has added a Hong Kong office to its growing international footprint as the Australian financial services firm boosts its…
Business
TSMC shares in focus on return from holiday after DeepSeek jolt
TAIWAN Semiconductor Manufacturing Company (TSMC) will be in focus as shares resume trading on Monday (Feb 3) after a global sell-off in…