Business
A revolution is underway in India's trainer industry
India's trainer market is attractive for overseas firms It's likely that you have not heard of Taiwan's Hong Fu Industrial Group, but look…
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Business
Business
Binance founder Zhao to help Pakistan boost crypto trading bid
Crypto trading is steadily gaining traction among Pakistan’s 230-million population despite its central bank’s warning over the risks…
Business
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade.…
Business
US: Dow, S&P 500 lower after volatile session; Nasdaq ends positive
Wall Street stocks finished mostly lower on Monday following a volatile session amid rising recession worries due to President Donald…
Business
Miami Swim Week — The Shows Takes Legal Action to Protect Miami Swim Week Trademark
Miami Swim Week continues to make waves. As reported last week, Paraiso Miami Swim Week, which has organized the swimwear fashion event…
Business
Tesla shares drop amid auto tariffs and 'brand crisis'
Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by…
Business
Indigenous leaders want same clout as world leaders at UN climate talks
Some 8,000 Indigenous people from the Amazon rainforest and the Pacific converged on Brazil's capital Monday to demand an equal say as…
Business
Chanel Invests in Italian Silk Manufacturer Mantero
SILK CUT: As it prepares to show its cruise collection on Italy’s Lake Como, Chanel has invested in a historic local silk producer as part…
Business
DBS’ printing vendor hit by ransomware attack; bank says about 8,200 customers potentially affected
About 8,200 customers of DBS Bank – as well as those of the Bank of China’s Singapore branch – may have had their customer information…
Business
DBS’, Bank of China’s printing vendor hit by ransomware attack; more than 11,000 customers affected
About 8,200 customers of DBS Bank – as well as 3,000 from the Bank of China’s Singapore branch – have had their customer information…
Business
US: Wall St opens sharply lower, S&P 500 nears bear market territory
Wall Street’s main indexes opened sharply lower on Monday (Apr 7), with the S&P 500 on track to confirm bear market territory, as…
Business
Investors seek refuge in dollar, yen as tariff fallout grips markets
Investors poured into safe havens such as the dollar, yen and Swiss franc on Monday (Apr 7) as the market rout from US President Donald…
Business
Investors seek refuge in US dollar, yen as tariff fallout grips markets
INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from US President…
Business
Singapore shares close lower on Monday; STI tumbles 7.5%
Across the broader market, decliners outnumber advancers 612 to 137, with 2.7 billion shares worth S$4.2 billion changing hands All 30…
Business
Credit gauges in Asia show most concern since early pandemic
Credit-default swaps in Asia blew out the most since the worsening of the Covid-19 pandemic in 2020, as a rout in risk assets deepened…
Business
Hong Kong stocks end 13.22% down, worst since 1997 Asian financial crisis
Shares in Hong Kong plummeted more than 13 per cent Monday (Apr 7) on their worst day in almost three decades as China’s retaliation…
Business
Bank Indonesia intervenes in offshore rupiah ahead of reopening
It will aggressively intervene in the onshore markets too when they reopen on Tuesday Bank Indonesia intervened in the offshore rupiah…
Business
DBS, OCBC, UOB tumble on potential rate cuts if economies slow
Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), leading a broader market sell-off triggered by concerns over…
Business
Despite Tariffs, U.S. Remains a Priority for French Ski Brand Fusalp Says CEO Pascal Conte-Jodra
PARIS — French legacy skiwear brand Fusalp has its sights set on U.S. expansion, despite the 20 percent levy on European Union goods…
Business
John Smedley’s New Chief Prepares to Take the Brand to New Heights
LONDON — John Smedley, the 241-year-old British brand that specializes in knitwear, is finally ready to make some noise. The brand has…
Business
Trump’s tariff ‘medicine’ injects turmoil into global markets
US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping tariffs, characterising the…
Business
Gold plunges to 3-1/2-week low as market sell-off hits bullion
GOLD prices continued to face turmoil on Monday, and hit their lowest levels in more than three weeks, as a wider market sell-off…
Business
Sheng Siong CEO Lim Hock Chee’s compensation for FY2024 jumps 20.6% to S$7.06 million
Supermarket operator Sheng Siong’s chief executive officer Lim Hock Chee received S$7.06 million in total compensation for FY2024, an…
Business
The Hour Glass to acquire newly incorporated SPV for A$90 million
Move is in line with the group’s strategy to continue expanding its presence in the country The Hour Glass’ wholly owned unit in Australia…