Fashion
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
Published Thu, Jun 26, 2025 · 06:38 AMINSURER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public...
US: Nvidia at new record as stocks end mixed
[NEW YORK] Wall Street stocks finished mixed on Wednesday as markets weighed lingering worries over Iran, while Nvidia surged to a fresh record amid continued artificial intelligence bullishness.President Donald Trump boasted...
Wary of Washington, Europe frets it will be left behind on an AI battlefield
THE HAGUE — Days before NATO was set to convene in the Netherlands, one of its top commanders, Pierre Vandier, tasked with transforming the alliance for the next fight, put out...
OpenAI Developing Productivity Suite to Compete with Microsoft and Google in AI Workspace Battle
Generative AI pioneer OpenAI is heating up the productivity suite race by reportedly building a 'productivity' platform to rival Microsoft and Google, among others. The company is currently working on...
Ambani and Adani team up to use each other’s fuel pumps
Published Wed, Jun 25, 2025 · 08:29 PM[NEW DELHI] Billionaires Mukesh Ambani and Gautam Adani have partnered to sell transportation fuels using their respective groups’ retail stations across India,...
Board directors must be mindful of family dynamics in businesses, says panellist
[SINGAPORE] Independent directors serving on boards of listed family businesses need to be sensitive to power dynamics within the family, and identify the decision-maker in the business, said one...
Sembcorp unit’s acquisition of 49 MW Vietnam hydropower asset delayed
The company will take ‘regulatory uncertainties’ into account for new investments in the country[SINGAPORE] The acquisition of a 49-megawatt (MW) hydropower asset in Vietnam by a unit of Sembcorp...
Singapore shares rise, tracking regional gains; STI up 0.6%
Singapore Exchange is the top blue-chip gainer while Yangzijiang Shipbuilding finishes at the bottom[SINGAPORE] Shares on the Singapore bourse closed higher on Wednesday (Jun 25), in line with gains...
Bank of Korea warns of housing, debt risks as easing continues
[SEOUL] Persistent housing price gains, particularly in the Seoul metropolitan area, could accelerate debt accumulation in South Korea and pose risks to financial stability, threatening a financial system that...
Tesla sales skid in Europe in May despite EV rebound
The EU aims to end sales of new internal combustion engine cars in 2035, but high prices and a perceived lack of charging infrastructure have given consumers pausePublished Wed,...
