Business
Lenovo reports 64% profit decline in fourth quarter
China’s Lenovo, the world’s largest personal computer manufacturer, on Thursday reported a worse-than-expected 64 per cent fall in…
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Business
Business
Goldman Sachs combines Asia investment banking units, names Drayton APAC head
Goldman Sachs is bringing together previously separately-managed three Asian investment banking businesses into one unit to integrate its…
Business
Cole Haan to Get Into Performance Apparel Through a License With Catapult Group
Cole Haan is jumping feet first into the performance apparel space. The footwear brand has signed a licensing deal with Catapult Group to…
Business
Former central bank deputy governor to head Bank of China: sources
China will appoint financial veteran Liu Guiping as chairman of Bank of China (BOC), the nation’s fourth-largest state-owned bank, two…
Business
Luxury Footwear Brand Moreschi Acquired by Fellow Italian Label and British Fund
Storied Italian luxury footwear brand Moreschi has found a pair of white knights. Glam Srl, the company behind the Superglamourous shoe…
Business
CPF Special, MediSave and Retirement Accounts’ interest rate remains at 4% for Q3 2025
The interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will remain at 4 per cent per…
Business
JPMorgan sees broad-based recovery, more interest in China
JPMorgan Chase is seeing a broad-based recovery in China and growing interest from foreign investors seeking to diversify, as the global…
Business
JPMorgan is long-term in China despite pressure, Dimon says
JPMorgan Chase chief executive officer Jamie Dimon said his firm is committed to long-term investments in China, despite tension between…
Business
Private credit funds target billions in retail demand from Asia
From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last…
Business
Bank of Japan policymaker rules out intervention to stem bond yield spike
Bank of Japan board member Asahi Noguchi said on Thursday (May 22) he saw no need for the central bank to intervene in the bond market to…
Business
BMW Begins Solid-State Battery EV Testing
Bavaria brings better battery technology another step towards reality Solid-state batteries are considered the inevitable future of EVs,…
Business
Singtel jumps 2.6% on S$0.10 per share dividend, S$2 billion share buyback plan
Company’s shares hit highest price in more than 5 years as telco returned to the black with S$2.8 billion H2 net profit Shares of Singtel…
Business
Singtel jumps 3.6% on S$0.10 per share dividend, S$2 billion share buyback plan
Company’s shares hit their highest price in more than 5 years as telco returns to the black with S$2.8 billion H2 net profit Shares of…
Business
Ringgit may gain most in South-east Asia on exporter conversion
Malaysia’s ringgit stands to gain the most among its South-east Asian peers if the nation’s exporters convert their overseas earnings to…
Business
Dollar-store billionaire poised to emerge from Malaysia IPO
A discount chain with signature red storefronts has drawn legions of Malaysians looking for good deals – and made its founder a…
Business
Gold rises as investors grow cautious amid US debt fears
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in October Gold prices rose on…
Business
Singtel initiates its first share buyback programme of up to S$2 billion; incorporates cloud business
The buyback will be delivered over the course of three years until financial year 2028 and involves the purchase of shares in the open…
Business
Singtel returns to the black with S$2.8 billion H2 profit
Singtel returned to the black with a net profit of S$2.8 billion for its second half ended March 2025, compared with a net loss of S$1.3…
Business
Chinese firms go on fundraising spree amid rush of easy money
Chinese companies are seizing on a window of opportunity to raise capital as global investors pour money into Asian assets in search of…
Business
Stocks to watch: Singtel, CapitaLand Ascott Trust
The following companies saw new developments that may affect trading of their securities on Thursday (May 22). Singtel: The telco giant…
Business
The 10 Best Memorial Day Amazon Shoe Deals to Upgrade Your Summer Sneaker Rotation
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. Best…
Business
Nike to raise prices by next week, to return to selling on Amazon, media reports say
NIKE is set to raise prices on several of its products starting next week and will also return to selling its products at online retail…
Business
Zoom lifts annual forecasts on robust demand amid AI push
Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial…
Business
US to keep China chip curbs, spurning Nvidia’s call for relief
The Trump administration will maintain efforts to keep advanced artificial intelligence (AI) technology out of China’s hands, a top White…