Fashion
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part of CEO Charlie Scharf’s effort to streamline...
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar[SINGAPORE] First Sponsor expects to post a net loss for...
Alibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
[HONG KONG] Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according...
Scarce landed housing land will entice developers hungry to serve aspiring landed home buyers.
Group’s undervalued share price is unwarranted given its rare landed housing landbank[SINGAPORE] Many affluent Singaporeans aspire to live in private landed homes, the purchase of which is generally restricted...
Australian, New Zealand dollars seesaw on greenback, extend gains on yen
[SYDNEY] The Australian and New Zealand dollars steadied on Wednesday after their US peer enjoyed a broad bounce overnight, while both currencies extended gains on the yen as expectations...
Low Keng Huat controlling shareholders up offer price to S$0.78 per share, extend closing date
Revised offer represents an increase of 8.3% or S$0.06 over the initial offer price[SINGAPORE] The offerors for Low Keng Huat have raised the offer price for the property developer...
You can buy Steve Jobs’ bow ties, desk and other bits of Apple history at this auction
In March 1976, Apple cofounders Steve Jobs and Steve Wozniak both signed a $500 check weeks before the official creation of a California company that would transform personal computing...
Elon Musk’s Grok bot restricts sexual image generation after global outcry
Elon Musk’s Grok chatbot on Thursday started restricting the ability for non-paying users to create deepfake, sexualized images after global pushback from users and governments. Late last month, some...
New VR documentary puts you in the devastation of the L.A. fires — and might help you heal
A snapshot of fire-ravaged Altadena is laid out before me, hovering like a diorama. My eyes zero in on a red door, its frame one of the few surviving...
Holiday shoppers spent a record amount online, searching out deals amid economic anxiety
Consumers splurged this last holiday season, enticed by good deals even as they worried about growth and inflation. Online shoppers spent a record $257.8 billion during the holiday season...
