Fashion
Japan’s Nikkei posts first monthly gain for the year on trade talk hopes
[TOKYO] Japan’s Nikkei share average gained on Wednesday (Apr 30) as investors awaited developments in US-Japan tariff talks, helping the benchmark to register its first monthly gain since December.The...
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
[HONG KONG] Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment portfolio in the secondary market, two sources with knowledge...
UBS Q1 profit tops forecasts but Trump tariff shock clouds outlook
[ZURICH] UBS on Wednesday (Apr 30) posted better than expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as US tariffs raise global growth fears...
Asia: Markets struggle as trade war hits China factory activity
[HONG KONG] Stocks started limply on Wednesday as investors struggled to match Wall Street’s rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly...
Grab returns to the black with US$24 million gain in Q1; sees profit for the full year
[SINGAPORE] Grab reported a net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million loss in the previous corresponding period. The...
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
[SINGAPORE] Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million loss in the previous...
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
Published Wed, Apr 30, 2025 · 09:05 AMPRUDENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused...
South-east Asia may see most gas projects approved in a decade
[SINGAPORE] South-east Asia could this year see the highest number of final investment decisions on gas projects in a decade, which could potentially boost output by 18 per cent,...
AIA Group’s value of new business jumps on strong Hong Kong sales
Published Wed, Apr 30, 2025 · 08:26 AMHONG Kong-based insurer AIA Group reported a 13 per cent rise in its first-quarter value of new business (VONB) on Wednesday, bolstered...
Electronic Arts lays off hundreds, cancels ‘Titanfall’ game
Published Wed, Apr 30, 2025 · 07:15 AM[NEW YORK] Electronic Arts (EA) is laying off hundreds of workers and cancelling a Titanfall game that was in development at its...
