Fashion
Buyout on Hold: Seven & i investors eye execution before backing deal or strategy
[TOKYO] The annual meeting of Seven & i Holdings shareholders is likely to be a low-key event, despite the drama surrounding a company facing a takeover proposal by Alimentation...
Trump Media to raise US$3 billion to spend on cryptocurrencies: report
The company behind Truth Social, a streaming and social media platform, has been exploring potential mergers and acquisitions as it aims to diversify into financial servicesPublished Tue, May 27,...
RBNZ set to make sixth rate cut and signal bias to more easing
[WELLINGTON] New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade barriers dim the...
Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve
[SINGAPORE] Iron ore, the backbone of China’s steel-fueled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s fortunes are now decoupling from the...
Caitlin Clark: WNBA Star Suffers Huge Injury Blow as Indiana Fever Set to Miss Her Service in Next Four Games
WNBA star Caitlin Clark has sustained the first major injury of her career and will be sidelined for at least two weeks with strained left quadriceps, the Indiana Fever...
Bukit Sembawang H2 earnings up 13% at S$51.4 million; company proposes higher special dividend
[SINGAPORE] Property developer Bukit Sembawang Estates reported net profit after tax of S$51.4 million for the second half of its financial year ending Mar 31, a 13 per cent...
Boustead’s H2 profit up 48 per cent to S$59.1 million
[SINGAPORE] Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024 increased 58 per cent to S$59.1 million compared to the year-ago period....
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
[HONG KONG] China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based company is open to engage with more...
Maybank Q1 net profit rises 4% to RM2.6 billion
[SINGAPORE] Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM 2.5 billion in the previous corresponding...
Volvo Cars to cut 3,000 jobs in restructuring
[STOCKHOLM] Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand...
