Fashion
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
[OHIO] Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as...
High Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
[SINGAPORE] The High Court has partially allowed an appeal by Goh Jin Hian, a former director of insolvent marine fuel supplier Inter-Pacific Petroleum (IPP).The Appellate Division of the High...
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
[SINGAPORE] Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly wrongfully and fraudulently extracting and...
Ship carrying EVs abandoned in Pacific after catching fire
[LONDON] A ship carrying about 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire on Tuesday (Jun 3), highlighting a growing risk...
Laopu Gold’s 2,300% rally faces test after stock hits HK$1,000
A BREATHTAKING rally in Laopu Gold is facing a critical test after its stock price hit HK$1,000 (S$164), a rare milestone that may deter retail investors due to the...
Citi to cut 3,500 tech jobs in China in global revamp
[HONG KONG] Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday (Jun 5), as it...
GrabCab launching in July with initial fleet of 40 Toyota Prius taxis
[SINGAPORE] GrabCab vehicles will hit the road from July as Singapore’s sixth and newest taxi operator launches its services, with 40 cabs in its fleet for a start.Announcing this...
Singapore Paincare up 8.3% on Sias valuation
[SINGAPORE] Shares of Singapore Paincare rose on Thursday (Jun 5), a day after the Securities Investors Association (Singapore), or Sias, valued the medical services company at more than double...
Gold edges higher as soft US data lifts safe-haven demand
Published Thu, Jun 5, 2025 · 09:24 AM[BENGALURU] Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market participants...
Mercedes, BMW step up response to China export curbs to avoid shortages
[FRANKFURT] Automakers in the US and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.Mercedes-Benz Group and BMW...
