Business
Citi to cut 3,500 tech jobs in China in global revamp
Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday (Jun 5),…
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Business
Singapore Paincare up 8.3% on Sias valuation
Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, valued the…
Business
Singapore Paincare up 12.1% as Sias urges shareholders to await IFA report
Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, said the…
Business
Gold edges higher as soft US data lifts safe-haven demand
Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market…
Business
Amazon’s delivery, logistics get an AI boost
[SUNNYVALE, California] Amazon wants customers to know that artificial intelligence is not just for writing college essays. In a series of…
Business
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
Business
Starbucks reshuffles leadership to accelerate turnaround bid
Starbucks is reorganising part of its senior ranks, looking to speed up plans to reverse a sales slump. Mike Grams, hired last year as…
Business
Stocks to watch: ThaiBev, Far East Orchard
The following companies saw new developments that may affect trading of their securities on Thursday (Jun 5). ThaiBev: The beer maker…
News
3 Unexploded Bombs from WWII Defused by Officials After Over 20,000 Ordered to Evacuate City
NEED TO KNOW The German city of Cologne said that three unexploded World War II bombs were found earlier this week Before the combs could…
Business
Mercedes, BMW step up response to China export curbs to avoid shortages
Automakers in the US and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt…
Business
Oil settles 1% lower after US data shows large builds in fuel stocks
Oil prices settled down just over 1 per cent on Wednesday after US data showed surprisingly large build in petrol and diesel inventories,…
Business
Europe: German stocks rise on tax relief package approval; Stoxx 600 touches one-week high
EUROPEAN stocks closed higher on Wednesday, buoyed by Berlin’s approval of a 46- billion euro (S$68.2 billion) corporate tax relief…
Business
US: Stocks mixed on slower hiring, economic uncertainty
Wall Street stocks closed mixed on Wednesday on signs that US economic activity was cooling, even though investors were careful not to…
Business
Overcoming challenges in sustainable finance
Helge Muenkel, chief sustainability officer, DBS Victor Wong, head of sustainability office, UOB Asset Management Mike Ng, group chief…
Business
Beyond polar bears: How nature-related financing can help companies be more resilient
A cracked, parched earth. Bare trees and withered crops. Emaciated livestock. That is often the image one has when a drought occurs. An…
Business
JPMorgan plans to offer clients financing against crypto ETFs
JPMorgan Chase plans to let trading and wealth-management clients use some cryptocurrency-linked assets as collateral for loans, a major…
Business
True Religion Promotes Kristen D’Arcy and Tina Blake
True Religion has promoted executives Kristen D’Arcy and Tina Blake to support the growth of its digital and women’s businesses and meet…
Fashion
From The Archive: Rio de Janeiro Fashion Scene, 1974
There is always something new in fashion. On June 4, 1974, WWD explored what was new and in demand in Rio de Janeiro, calling attention to…
News
Some 40 reportedly killed in Gaza, as aid dries up for the day
Dozens of Palestinians were killed in Israeli airstrikes in the Gaza Strip on Wednesday, the Palestinian news agency WAFA reported, citing…
Business
Staud Said to Bring On a New Investor
The investment set likes growing brands like Staud — even in a mixed-up consumer economy. Well-connected financial sources told WWD that…
Business
Meta sued by Eminem's publishing company over alleged copyright infringement
Eight Mile Style, a company that owns some of Eminem’s most popular songs, is suing social media giant Meta over alleged copyright…
Lifestyle
Hervé Léger Resort 2026: An Ongoing Evolution
From Day One at Hervé Léger, Michelle Ochs’ goal has been to expand beyond the legacy of the bandage dress. Now two years in, she is…
News
Report: More than 40 killed in latest Israeli attacks on Gaza
Dozens of Palestinians were killed in Israeli airstrikes in the Gaza Strip on Wednesday, the Palestinian news agency WAFA reported, citing…
Business
AMC Networks partners with AI startup Runway
AMC Networks, known for series such as “Breaking Bad” and “The Walking Dead,” is partnering with AI startup Runway to use AI tools for…