Fashion

Keppel DC Reit names Low Huan Ping as lead independent director amid board changes
[SINGAPORE] Keppel DC Real Estate Investment Trust (Reit) has announced director Low Huan Ping as new lead independent director and chairman of nominating and remuneration committee, as Kenny Kwan...
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
[HONG KONG] One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile’s planned Hong Kong initial public offering...
Hong Kong’s freight forwarding industry hit by trade war, SCMP reports
Published Tue, May 6, 2025 · 12:04 PM[HONG KONG] Hong Kong’s freight forwarding industry is reeling from the US-China trade war with 41 per cent of container capacity from...
Asia: Dollar recovers some losses, stocks gain as traders eye tariff deals
[HONG KONG] The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump’s sweeping tariffs, while equities mostly rose as investors await the...
ServiceNow eyes US$1 billion revenue for AI product by 2026
The company makes software applications that help companies organise and automate their personnel and information technology operationsPublished Tue, May 6, 2025 · 11:02 AM[NEW YORK] ServiceNow said its flagship...
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President Donald Trump’s tariffsPublished Tue, May...
IFA stands its ground on valuations in Sinarmas Land offer; says methods used ‘appropriate’ and in line with practice
[SINGAPORE] W Capital Markets, which is advising Sinarmas Land’s independent directors on the Widjajas’ offer to privatise the company, insists its valuations of the group’s assets are “appropriate” and...
Frasers Hospitality Trust H1 DPS falls 6% to S$0.010257 on higher finance costs
[SINGAPORE] Frasers Hospitality Trust on Tuesday (May 6) posted a 6 per cent drop in distribution per stapled security (DPS) to S$0.010257 for its first half year ended Mar...
Google has launched new film and TV production wing: Business Insider
[BENGALURU] Google has launched a new film and TV production initiative to scout projects it could fund or co-produce, Business Insider reported, a move that could help it capitalise...
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakersPublished Tue, May 6, 2025 · 07:06 AM[MELBOURNE] Hong Kong authorities said they continued...
US dollar’s fall in Asia stuns investors, spreads across globe
[NEW YORK] The US dollar got a fresh jolt to start the week as speculation around potential trade deals sparked an extraordinary spike in Taiwan’s currency and reverberated across...
Skechers to go private for US$9.42 billion in biggest sneaker industry deal
[BENGALURU/NEW YORK] Skechers has agreed to be taken private by 3G Capital for US$9.42 billion in the footwear industry’s biggest buyout to date, exiting public markets after 26 years...