Fashion

IFA stands its ground on valuations in Sinarmas Land offer; says methods used ‘appropriate’ and in line with practice
[SINGAPORE] W Capital Markets, which is advising Sinarmas Land’s independent directors on the Widjajas’ offer to privatise the company, insists its valuations of the group’s assets are “appropriate” and...
Frasers Hospitality Trust H1 DPS falls 6% to S$0.010257 on higher finance costs
[SINGAPORE] Frasers Hospitality Trust on Tuesday (May 6) posted a 6 per cent drop in distribution per stapled security (DPS) to S$0.010257 for its first half year ended Mar...
Google has launched new film and TV production wing: Business Insider
[BENGALURU] Google has launched a new film and TV production initiative to scout projects it could fund or co-produce, Business Insider reported, a move that could help it capitalise...
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakersPublished Tue, May 6, 2025 · 07:06 AM[MELBOURNE] Hong Kong authorities said they continued...
US dollar’s fall in Asia stuns investors, spreads across globe
[NEW YORK] The US dollar got a fresh jolt to start the week as speculation around potential trade deals sparked an extraordinary spike in Taiwan’s currency and reverberated across...
Skechers to go private for US$9.42 billion in biggest sneaker industry deal
[BENGALURU/NEW YORK] Skechers has agreed to be taken private by 3G Capital for US$9.42 billion in the footwear industry’s biggest buyout to date, exiting public markets after 26 years...
Nike president O’Neill out in latest shake-up under new CEO
[NEW YORK] Nike is reorganising its senior leadership team as its new chief executive officer shakes up several top roles at the world’s largest sportswear company.CEO Elliott Hill, who...
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure.The move...
Trump to Sign Executive Order Banning All Risky Research that Lead to Covid-19 Pandemic: Report
President Trump will sign an executive order on Monday that will ban all federal funding for high-risk gain-of-function research that is being conducted in China, Iran, and other nations...
Crystal Palace vs Nottingham Live Streaming: How to Watch the Premier League Match Online in the US, UK and India
Crystal Palace will go all out to snap their four-match losing streak in the league when they face top-five contenders Nottingham Forest at home on Monday. Both teams have...
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the correct response.The central...
Audi keeps outlook after Q1 sales rise, but tariff impact not included
[BERLIN] Volkswagen’s premium brand Audi on Monday (May 5) kept its full-year guidance, with the caveat that any impact from US tariffs was not included, after its first-quarter revenue...