Fashion
Europe: Stocks log record close, boosted by financials, US shutdown relief
EUROPEAN shares logged a second consecutive record close on Wednesday, boosted by financials as investors were relieved by a potential end to a historic US government shutdown and weighed a...
GM wants parts makers to pull supply chains from China
[DETROIT] General Motors (GM) has directed several thousand of its suppliers to scrub their supply chains of parts from China, four people familiar with the matter said, reflecting automakers’...
IBM says ‘Loon’ chip shows path to useful quantum computers by 2029
The chip remains in its early stages, and it is not yet known when outsiders can test it[SAN FRANCISCO] International Business Machines (IBM) announced on Wednesday (Nov 12) that...
Manulife CQS raises US$1.1 billion for synthetic-risk transfers
The money is for its Manulife CQS Regulatory Capital Relief III Fund as well as some separately managed accounts[TORONTO] Manulife’s credit arm CQS Investment Management has raised US$1.1 billion...
L’Oréal starts three-part euro bond sale for Kering Beauté deal
The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant[PARIS] L’Oréal is selling at least 1.5 billion euros (S$2.26 billion) of bonds in...
Food Empire’s Q3 revenue rises 28.3% to US$152.6 million
[SINGAPORE] Food Empire posted a revenue of US$152.6 million for the third quarter ended Sep 30, 2025, up 28.3 per cent from a year ago.In a bourse filing on...
Big 4 accounting firms drove nearly half of sector’s total revenue growth in 2024
The sector continues to hire, and expects to grow its workforce by opening up more than 1,500 positions[SINGAPORE] The total revenue of the accountancy sector climbed by 7.5 per...
Big 4 accounting firms drive nearly half of sector’s total revenue growth in 2024: survey
The sector continues to hire, and expects to grow its workforce by opening up more than 1,500 positions[SINGAPORE] The total revenue of the accountancy sector climbed by 7.5 per...
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion
[SINGAPORE] ST Engineering posted a 9 per cent year-on-year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong performances across...
Ho Bee Land acquires five Australian residential sites for A$96.6 million
The developments will be financed by the company’s internal funds and bank borrowings.[SINGAPORE] Ho Bee Land has acquired five residential development sites in Australia for A$96.6 million (S$82.3 million),...
