Fashion
IEA predicts slower oil demand growth for the rest of 2025
[LONDON] The International Energy Agency (IEA) said on Thursday (May 15) that economic headwinds combined with record sales of electric vehicles will slow global oil demand growth for the...
Singtel’s new 5G+ Priority plans are key for its premium customer push
[SINGAPORE] Premium customers remain top of mind for Singtel with new 5G+ Priority plans.
The new plans promising faster streaming speeds and priority access to the network were launched...
Shein to set up huge Vietnam warehouse in US tariff hedge: sources
[HANOI/SHANGHAI] Fast-fashion online retailer Shein is leasing a huge warehouse in Vietnam, its first in the country, in a move that could reduce its exposure to unpredictable US-China trade...
SGX RegCo consults on regulatory changes to streamline IPO rules
[SINGAPORE] Listed issuers on the Singapore Exchange (SGX) will be expected to take on a more proactive role in providing timely and relevant disclosures, focusing on material information rather...
Cordlife jumps 48% to S$0.23 on partial offer from Thai-listed Medeze
The stem cell company is seeking to acquire about 25.6 million shares at S$0.25 apiece[SINGAPORE] Shares of Cordlife surged by over 48 per cent on Thursday (May 15), after...
Geely profits surge on record sales as reshuffle underway
[HONG KONG] Geely Automobile Holdings, the Hong Kong-listed unit of billionaire Li Shufu’s sprawling auto empire, said that first-quarter profit surged as sales climbed and it continued on a...
April new home sales dip 9% month on month to 663 units, but are double year-ago levels
[SINGAPORE] Developers in Singapore sold 663 private homes in April, down 9 per cent from the month before, but up 120 per cent from the 301 units a year...
Nissan is rolling out big cuts. Turning around sales will prove harder
[TOKYO] Nissan’s new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it can reverse sliding top-line sales, analysts said, even...
Starbucks is said to start process to revamp vast China business
[HONG KONG] Starbucks has contacted private equity (PE) firms, technology companies and others as it considers options for its China business, including a possible stake sale, according to sources...
Starbucks is said to kick off process to sell stake in sprawling China business
[HONG KONG] Starbucks has contacted private equity (PE) firms, technology companies and others as it considers options for its China business, including a possible stake sale, according to sources...
