Business
Singapore's GLP closes first digital infrastructure fund at US$358 million in AUM
Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with…
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Business
Business
Unilever Snaps Up British Sustainable Deodorant Brand Wild
Unilever has acquired British sustainable deodorant brand Wild for an undisclosed sum. Other terms of the deal also were not disclosed,…
Business
UOB cuts interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
Australia’s central bank holds rates steady, warning of ‘pronounced’ global risks
Australia’s central bank on Tuesday left its cash rate steady as widely expected, saying it was still cautious about the outlook, although…
Business
Ho Bee Land drops AVJennings bid; Australian property developer to be acquired by US fund
Real estate group Ho Bee Land on Tuesday (Apr 1) said it has decided not to proceed with its offer for Australian property developer…
Business
YZJ Financial falls 10% after announcement of divestment of entire treasury shareholding
Shares of Yangzijiang Financial, the financial arm of Yangzijiang shipbuilding, fell 10 per cent after the company on Sunday (Mar 30) said…
Business
YZJ Financial falls 10% on placement of treasury shares at S$0.72 each
Shares of Yangzijiang Financial, the financial arm of Yangzijiang shipbuilding, fell 10 per cent after the company on Sunday (Mar 30) said…
Business
Keppel divests entire stake in Vietnam’s Palm City for 2.6 trillion dong
Global asset manager Keppel, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec City – the…
Business
Cordlife served two letters of demand from customers; any settlement likely to hit group’s finances
One group of clients seeking damages under contract breach, negligence; the other wants warranties and cost compensation Cordlife received…
Business
OpenAI finalizes a record $40-billion funding round
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from…
Business
US judge rejects J&J’s US$10 billion baby powder settlement
A US bankruptcy judge on Monday rejected Johnson & Johnson’s US$10 billion proposal to end lawsuits alleging that its baby powder and…
Business
GlobalFoundries, Taiwanese chipmaker UMC consider merger: sources
TAIWAN’S major chipmaker United Microelectronics and US-based GlobalFoundries are looking into the possibility of a merger, two sources…
Business
Musk’s XAI deal offers unexpected win for X investors
Elon Musk just acquired the social network formerly known as Twitter for the second time in three years. Musk, the world’s richest person,…
Business
US: Stocks mixed as traders shake off tariff uncertainty
US stocks shook off some early gloom about Donald Trump’s imminent tariff announcement to close mixed on Monday, with the S&P 500 bouncing…
Business
Tag Heuer’s New Campaign Is About a Winning Mentality
GENEVA — Snagging the top gong or the first step of the podium isn’t just about skill or dedication. It’s about being “Designed to Win,”…
Business
Iran's Revolutionary Guard Officers Accused Of Stealing $21 Million In Crypto While Investigating A Corruption Case
Senior officers from Iran’s Revolutionary Guard have been accused of pilfering approximately $21 million in cryptocurrency while…
Business
PVH Tops Q4 Estimates, Looks to Bad Bunny for a Boost
Stefan Larsson exceeded his mark for the fourth quarter at PVH Corp. — with sales and profits that topped expectations and were warmly…
Business
DBS, UOB, OCBC chiefs’ salary packages still lag global peers
The trio of local banks on the STI are smaller in terms of revenue, but appear to be making their money work harder Piyush Gupta, who on…
Business
Consumer Behaviors Emerge as Anxiety Rises Over Fear of Unexpected Expenses
In its latest research report, Splitit teamed up with Pymnts for a survey of more than 7,000 U.S. consumers to gauge stress levels amid…
Business
Patrick Ta Shares Why His New Body Care Line Will Be the Next Internet-breaking Release That Delivers an ‘Instant Gorgeous Glow’
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission.…
Business
More funds and products expected, as market awaits details about Singapore’s S$5 billion equities push
Analysts see MAS’ initiative as positive step, but add that factors such as investor protection and governance, proper understanding of…
Business
US: Wall Street opens sharply lower on tariff worries
US stock indexes opened sharply lower on Monday (Mar 31) as investors shied away from risky assets on mounting concerns that the Trump…
Business
Aimee Song Shares Exclusive Tips for Great Lighting, Timeless Decor, and Creating an Inviting Home With Her New Lulu and Georgia Collaboration
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission.…
Business
China ‘delays conclusion of Cognac probe’
China has reportedly postponed concluding its anti-dumping investigation into EU brandy products. According to reports from news outlets…