Business
Japan’s 20-year bond auction gets weakest demand since 2012
The sale comes after a recent surge in longer Japanese bond yields and increased volatility owing in part to US President Donald Trump’s…
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Business
Business
Australia’s central bank cuts rates to two-year low of 3.85%
Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global…
Business
Longchamp’s Revamped SoHo Flagship Is About Energy And Art
PARIS – What’s a good reason to go to a store? As far as Longchamp‘s chief executive office Jean Cassegrain is concerned, a great product…
Business
Asia: Markets rebound to track Wall Street up as China cuts rates
Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also…
Business
China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its…
Business
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend…
Business
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant…
Business
Nippon Steel boosts investment pledge for proposed US Steel deal
Trump has ordered another CFIUS review of the national security implications of the combination of both companies Nippon Steel has…
Business
China’s central bank cuts two key rates to historic lows
China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid…
Business
Huawei unveils in-house operating system to replace Windows
HUAWEI Technologies debuted its first in-house operating system for personal computers, offering an alternative to Microsoft’s Windows as…
Business
Stocks to watch: DFI Retail Group, Q&M Dental Group, Aoxin Q&M, Ossia International
The following companies saw new developments that may affect trading of their securities on Tuesday (May 20). DFI Retail Group: The…
Business
Local building boom will fuel growth, says top Vietnam steelmaker
Vietnam’s top steelmaker Hoa Phat Group is counting on the nation’s rising economic growth and massive infrastructure projects from…
Business
Can Sam Altman Be Trusted with the Future?
In 2017, soon after Google researchers invented a new kind of neural network called a transformer, a young OpenAI engineer named Alec…
Business
After rocky week, Coinbase becomes first crypto exchange to join the S&P 500
Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the…
Business
Resurrecting Hudson’s Bay, in a Limited Way
Hudson’s Bay is liquidating all of its stores but won’t completely disappear from the Canadian retail landscape. The Canadian Tire Corp.…
Business
Billionaire Richard Li's FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatility Group, a Hong Kong-based insurer backed by…
Business
US: Wall St opens lower after Moody's rating cut; yields rise
Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign rating,…
Business
23andMe sells gene-testing business to DNA drug maker Regeneron
Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the…
Business
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of…
Business
Ossia appoints Asian Corporate Advisors as independent financial adviser for privatisation offer
The controlling shareholders of Ossia have made an unconditional offer on May 15 to take the company private at S$0.16 a share…
Business
Toyota Industries to accept bid by Toyota Group
Toyota Industries is set to accept a buyout offer from the Toyota group, Kyodo news reported on Monday (May 19) without attribution. It…
Business
FCT to draw on additional debt financing to fund Northpoint City acquisition
The acquisition of Northpoint City’s south wing may be financed either with or without the issuance of perpetual securities, said the…
Business
Kenny Smith Isn’t Going Fishing Yet
Last July, the National Basketball Association announced a new eleven-year media-rights agreement with Amazon, NBC, and ESPN, set to take…
Business
Wanted: C-suiters and specialists to serve ultra-rich as they pivot to alternative assets
As demand for alternative assets is heating up in Singapore, so too is the need to hire more staff versed in the field. Leading…