Fashion
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Published Tue, Apr 29, 2025 · 01:46 PM[STOCKHOLM] Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit...
Some Chinese exporters hasten US dollar conversion amid trade war
[NEW YORK] Some Chinese exporters are speeding up the conversion of their US dollar income into yuan on bets the worst of the tariff-led loss in the local currency...
Asia: Markets rise as traders gear up for earnings, key jobs data
[HONG KONG] Markets edged up on Tuesday after a largely positive day on Wall Street with investors eyeing a busy week of data and earnings releases that could provide...
Amara surges 27% to all-time high on privatisation offer
The S$0.895 offer represents a 33% premium over the company’s net asset value per share as at end-December 2024[SINGAPORE] Shares of hotel group Amara soared shortly after the market...
China’s CICC eyes Middle East, South-east Asia in global push
[NEW YORK] China International Capital Corporation (CICC), one of the nation’s largest brokerages, is seeking to tap the growing demand for cross-border financial services in the Persian Gulf and...
UOI Q1 profit before tax dips 3% to S$7.8 million on lower non-underwriting income
The fall is attributed to lower non-underwriting income, which dropped 12% to S$3.7 million[SINGAPORE] United Overseas Insurance (UOI), the general insurance arm of UOB, posted a profit before tax...
Frasers Centrepoint Trust posts 0.5% rise in H1 DPU to S$0.06054
[SINGAPORE] Frasers Centrepoint Trust (FCT) on Tuesday (Apr 29) posted a 0.5 per cent increase in distribution per unit (DPU) for the first half ended Mar 31 to S$0.06054,...
UPS in talks with startup Figure AI to deploy humanoid robots
A growing number of startups and Big Tech firms are seizing on recent advances in AI technology to develop robots that look and move more like peoplePublished Tue, Apr...
Europe: Shares end higher ahead of week’s data, earnings
EUROPEAN shares extended gains on Monday, with most sub-indexes rising, as investors remained optimistic about US-China trade tensions easing ahead of the week’s earnings and economic data.The pan-European Stoxx 600 index...
US: Stocks open higher as busy week for earnings, data kicks off
Published Mon, Apr 28, 2025 · 09:47 PM[new york] Wall Street’s main indexes opened slightly higher on Monday (Apr 28), as investors braced for a week packed with key...
