Fashion
What is Laopu Gold? Its stock soared 2,000%, and now it’s opened a store in Marina Bay Sands
[SINGAPORE] Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors. There has been rapidly rising demand for its offerings –...
Scale AI to cut 14% of staff following Meta investment
[SAN FRANCISCO] Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in the startup and hired away its chief...
Thailand seeks ways to curb gold price impact on currency
[BANGKOK] Thailand’s central bank and the finance ministry are discussing ways to address currency moves that are not aligned with fundamental factors, including the impact of gold prices, according...
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
[SINGAPORE] ST Engineering Urban Solutions, a wholly owned subsidiary of ST Engineering, has entered into an agreement with national grid operator SP Group to divest their joint venture (JV)...
Markets rattled by ‘credible threat’ of Trump trying to fire Jerome Powell
[NEW YORK] Once again, US President Donald Trump demonstrated his power to shake up global financial markets. This time, by returning to one of his favourite topics: whether to...
Tesla readies a six-seat version of the Model Y for China
The carmaker has been losing ground to domestic manufacturers with fresher lineupsPublished Thu, Jul 17, 2025 · 08:22 AM[BEIJING] Tesla is preparing to launch a longer, six-seat version of...
Couche-Tard abandons 6.8 trillion yen bid to buy 7-Eleven owner
[TOKYO] Canada’s Alimentation Couche-Tard has abandoned its 6.8 trillion yen (S$59 billion) bid to buy Seven & i Holdings, saying the Japanese operator of 7-Eleven convenience stores had refused...
US firms passing some cost hikes to consumers: Fed survey
[WASHINGTON] Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs,...
Google to unveil new Pixel hardware on August 20 with AI in focus
The company’s market share in the US smartphone segment is tiny compared with Apple and SamsungPublished Thu, Jul 17, 2025 · 06:46 AM[PHILADELPHIA] Alphabet’s Google will debut new Pixel-branded...
Europe: Chip stocks drag shares lower after ASML’s warning
EUROPEAN shares fell on Wednesday, with chip stocks hit hard after ASML flagged a hit to its revenue growth, while reports of US President Donald Trump considering firing Federal Reserve...
mm2 Asia seeks to delay S$54 million bond repayment by six years
[SINGAPORE] Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December.In a non-binding memorandum of understanding with its bondholder,...
FLCT to divest commercial building in Australia for A$192.1 million, exiting Melbourne CBD office market
[SINGAPORE] Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1 million (S$161.4 million), as it seeks to exit the Australian...