Fashion

Indonesia’s state banks eye bigger share of growing wealth market in Singapore
[JAKARTA] Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in Singapore’s competitive wealth management sector.This comes as...
New wave of SME buyers mining for ‘diamonds in the rough’ in Singapore, Asean
[SINGAPORE] New types of buyers are emerging for small and medium-sized enterprises (SMEs). Unlike traditional private equity (PE) firms, these niche players are open to smaller deals and have...
‘Hostile and political act’: White House clashes with Amazon over idea to disclose tariff costs
The White House on Tuesday blasted Amazon over a proposal to show the cost of President Trump’s tariffs next to the price of some products on its e-commerce site.“This...
Malaysia’s Petronas and Commonwealth LNG in talks for term supply
Petronas is in talks to buy at least one million metric tons per annum (mtpa) of LNG from Commonwealth LNGPublished Tue, Apr 29, 2025 · 09:56 PM[KUALA LUMPUR] Malaysian...
Starhill Global Reit Q3 NPI inches up 0.5% to S$37.9 million
THE manager of Starhill Global real estate investment trust (Reit) posted a net property income (NPI) of S$37.9 million for Q3 FY2025 ended Mar 31, up 0.5 per cent...
Hong Leong Finance sees over 300% growth in EV loans
[SINGAPORE] Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in 2023 to S$314...
China’s Big Five banks post slimmer margins as economic challenges persist
[SHANGHAI/HONGKONG] China’s Big Five lenders reported narrower margins at the end of the first quarter on Tuesday (Apr 29), as profits fell for some on the slowing economy under...
Wilmar reports higher earnings for Q1 2025 on better performance from business segments, associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a bourse filing on Tuesday (Apr...
Trade war may lower growth and inflation in eurozone, ECB’s Cipollone says
Published Tue, Apr 29, 2025 · 05:06 PMA GLOBAL trade war could lower both economic growth and inflation in the eurozone, and it could have an “unambiguously recessionary effect”...
Norway wealth fund CEO sees potential in real estate, renewable assets
[OSLO] Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s US$1.8 trillion sovereign wealth fund. “The...
Adidas holds back on profit upgrade due to tariff uncertainty
[LONDON] German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter results, saying the uncertainty around US import tariffs was...
Lufthansa confirms 2025 outlook, braces for possible trade fallout
[BERLIN] German airline Lufthansa on Tuesday (Apr 29) confirmed its operating result forecast for 2025, offering what analysts deemed a more positive assessment than other airlines, but warned that...