Fashion
Nike lays off some workers in shakeup of technology division
Efforts to recapture growth by refocusing on sports and wholesale channels have been complicated by US President Donald Trump’s trade war and uneven spending by US consumersPublished Tue, May...
Apple partner Foxconn injects US$1.5 billion into India unit
Published Mon, May 19, 2025 · 10:28 PM[HONG KONG] Taiwan’s Foxconn, the main manufacturer of Apple’s iPhones, will inject US$1.5 billion into its India unit as production shifts away...
US: Wall St opens lower after Moody’s rating cut; yields rise
Published Mon, May 19, 2025 · 09:51 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign...
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
[SINGAPORE] DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of Yonghui Superstores last...
STI slips 0.6%, weighed down by US credit rating downgrade
[SINGAPORE] Singapore shares closed the first trading day of the week lower, as with most of the regional major indexes, as United States equity and bond futures slid in...
SingPost, FedEx deepen partnership with islandwide roll-out of parcel drop-off service
The expanded collaboration aims to streamline the delivery process and enhance service efficiency, particularly for cross-border shipments[SINGAPORE] Singapore Post (SingPost) has ramped up its partnership with global transport company...
StarHub, Trends and Technologies ink MOU to boost digital transformation in the Philippines
[SINGAPORE] StarHub signed a memorandum of understanding on Monday (May 19) with Trends and Technologies, a systems integrator and enterprise ICT solutions provider headquartered in the Philippines, to bring...
Qatar Airways posts 28% jump in net profit to record US$2.1 billion
Published Mon, May 19, 2025 · 03:13 PM[DOHA] Qatar Airways posted a 28 per cent jump in annual net profit to a record US$2.1 billion, according to a preliminary...
Analysts say SIA is fairly valued, with several raising target price
[SINGAPORE] Analysts have commented that the share price of Singapore Airlines (SIA) is fairly valued at the moment, even as several lifted their target price and recommended a “hold”...
Nvidia CEO unveils new tech to keep global AI expansion going
[SAN FRANCISCO] Nvidia unveiled the latest raft of technologies aimed at sustaining the boom in demand for artificial intelligence (AI) computing – and ensuring that its products stay at...
