Fashion
Miu Miu’s momentum powers Prada sales growth
Net revenues at Italian luxury group Prada rose 12.5 per cent at constant exchange rates in the first quarter, slightly above analysts…
Tag
Growth
Business
Thailand’s central bank cuts key rate again, lowers growth forecasts as tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
ENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer…
Business
How Smart Logistics Can Supercharge Your Startup’s Growth
Building a startup’s like racing a car you’re still tinkering with—product design and marketing get all the love, while logistics often…
Business
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
Business
Trade war may lower growth and inflation in eurozone, ECB’s Cipollone says
A GLOBAL trade war could lower both economic growth and inflation in the eurozone, and it could have an “unambiguously recessionary…
Business
iFast Q1 net profit rises 31.2% to S$19 million on continued growth in UK bank, wealth management platform business
Digital bank and wealth management platform iFast said its net profit rose 31.2 per cent year on year to S$19 million for the first…
Business
How Profitmind Is Driving Profit Growth for Retailers With AI-powered Analytics
Is it time for retailers to finally ditch Excel and reams of spreadsheets? Retail executives are often overwhelmed by massive amounts of…
Business
Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending
Consumers, worried about the economy, are pulling back on their spending, and that anxiety is translating into lower sales and profits for…
Celebrity
Lionsgate Taps Media Veteran Brad Haugen as EVP, Digital Strategy and Growth
Lionsgate has hired digital media veteran Brad Haugen, most recently president of Will and Jada Pinkett Smith’s Westbrook Media, as…
Business
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it…
Fashion
Hermès Sales Growth Slows to 7.2 Percent in Q1
PARIS – Amid the luxury slowdown, Hermès International showed continued strength with sales in the first quarter up 7 percent at constant…
Business
Swiss Watch Exports Return to Growth As China Slump Slows In March
PARIS — Is it the inflection point for Swiss watches? Exports in March grew by 1.5 percent in value to 2.1 billion Swiss francs despite a…
Business
Moncler Group Q1 Revenue Up 1% to 829M Euros, Driven by DTC Growth and Asian Market Strength
MILAN — Moncler Group first-quarter revenue beat expectations rising 1 percent to 829 million euros, compared with 818 million euros in…
Business
Gold hits record high on economic growth concerns
Gold prices raced to an all-time high on Wednesday (Apr 16), driven by a weaker US dollar, trade war tensions and concerns over global…
Business
Global real estate recovery to speed up growth in MSCI’s private-market indices
Index provider MSCI sees a recovery in global real estate fuelling faster growth in its private-market indices in the coming years, after…
Business
Snowflake continues investing in growth in an AI revolution
Artificial intelligence (AI) has a symbiotic relationship with data – and data management platform Snowflake has taken this ball and run…
Business
TikTok drives ByteDance’s 29% growth while China business slows
ByteDance’s revenue jumped 29 per cent to US$155 billion in 2024, after online video phenom TikTok drove a worldwide expansion that helped…
Business
CapitaLand Investment’s Ascott to add 600 units to India portfolio, eyes growth in country
Ascott, the wholly owned lodging business of asset manager CapitaLand Investment (CLI), has inked three agreements to add 600 units to its…
Business
RBI cuts rates, changes stance to 'accommodative' as US tariffs add to growth risks
The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday (Apr 9) for a second consecutive time and changed its monetary…
Business
China engineers orderly yuan drop as trade war threatens growth
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the…
Business
Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth
US President Donald Trump’s new tariffs are “larger than expected” and the economic fallout including higher inflation and slower growth…
Business
Mitsubishi plans to invest four trillion yen over next three years to drive growth
The firm’s largest shareholder is legendary US investor Warren Buffett’s Berkshire Hathaway, which has a 9.67 per cent stake, according to…
Business
Bankers get boost in Asia-Pacific as M&A growth tops US, Europe
The race is far from over, but the Asia-Pacific has come out of the blocks much faster than the US and Europe in dealmaking activity this…