Culture
Japan's Nikkei ends at record high as yen weakens, economy shows resilience
Japan’s Nikkei closed at an all-time high on Friday (Aug 15), as the yen weakened and data showed the nation’s economy was surprisingly…
Kim Browne
As an editor at VanityFair Fashion, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Culture
South-east Asia’s reality check: What’s hindering data centres’ green transition?
Powered by large-scale data centres, South-east-Asia’s digital economy is expanding at breakneck speed – but the region’s clean energy…
Culture
Chinese steel and coal output drop as supply pressures mount
Chinese steel and coal output fell in July, as bad weather affected operations and the government’s efforts to rein in overcapacity…
Culture
ST Engineering price targets raised by analysts after strong H1 net profit
The price target for ST Engineering was raised by multiple analysts on Friday (Aug 15) after it reported a strong financial performance in…
Culture
Shein’s UK sales surge to £2.1 billion in 2024, boosting profits as IPO looms
Shein’s British business made £2.1 billion (S$3.7 billion) in sales in 2024, a 32.3 per cent increase from the previous year, a filing by…
Culture
Jakarta’s land crackdown brings ‘short-term pain’ but long-term clarity: Golden Agri-Resources
Golden Agri-Resources expects “short-term pain” from Indonesia’s sweeping land-use review, but sees the land crackdown as a necessary step…
Culture
Mega-IPO’s 70% fall towards delisting is costly blow for Malaysia
When Facebook went public in 2012, the world’s next-largest listing that year was a company from Malaysia best known for producing cooking…
Culture
Asia: Stocks mixed before US-Russia summit
N stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data, while oil slipped back ahead of a US-Russia…
Culture
Petronas yet to finalise gas deal with Sarawak, says minister
The national oil firm runs one of the world’s biggest liquefied natural gas terminals in the Borneo state, which holds the largest gas…
Culture
CapBridge partners Singlife to distribute insurance to SMEs and investors
Digital investment solutions provider CapBridge on Friday (Aug 15) announced a partnership with Singlife to provide insurance solutions to…
Culture
Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a…
Culture
Dezign Format surges over 40% at SGX Catalist trading debut
Spatial design specialist Dezign Format’s share price rose by more than 40 per cent on Friday (Aug 15) morning on its trading debut on the…
Culture
Philippine central bank orders e-wallets, payment apps to remove online gambling links
The Philippine central bank ordered mobile wallets, payment applications and other institutions to remove links to online gambling…
Culture
Hedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big…
Culture
Wee Hur H1 profit falls 42% to S$38.7 million
Property company Wee Hur on Thursday (Aug 14) posted a 42 per cent decline in net profit to S$38.7 million for the six months ended Jun…
Culture
Stocks to watch: Thai Beverage, Golden Agri-Resources, Ho Bee Land, OUE, Straits Trading
The following companies saw new developments that may affect trading of their securities on Friday (Aug 15): Thai Beverage: The beverage…
Culture
Buffett buys US$1.6 billion UnitedHealth stake, sells T-Mobile
Warren Buffett’s Berkshire Hathaway bought shares of UnitedHealth Group in the second quarter, sending the health insurer’s stock soaring…
Culture
Nubank sees more credit growth as quality gauges hold up
Nu Holdings, Latin America’s biggest digital bank, reported a decline in credit quality that was roughly in line with analysts’…
Culture
Cordlife H1 loss narrows to S$4.6 million from S$12.4 million; client claims now total S$8.7 million
Cord-blood bank on Thursday (Aug 14) posted a net loss of S$4.6 million for its first half ended Jun 30, trimming its losses from S$12.4…
Culture
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted…
Culture
Apple rejects Musk claim of App Store bias
APPLE on Thursday rejected Elon Musk’s claim that its digital App Store favours OpenAI’s ChatGPT over his company’s Grok and other rival…
Culture
UOB, BOS among banks with rising clients' alternative asset investments as Asia’s rich take shine to sector
More of Asia’s richest are viewing private-market investments as a core part of their portfolios, say senior private bankers. With…
Culture
Traders trim Fed-cut bets as wholesale inflation clouds outlook
Wall Street traders dialled back expectations for an interest-rate cut next month, sending Treasury yields higher, after fresh data on…
Culture
Apple Watch gets revamped blood oxygen feature
E on Thursday said some of its top smartwatch models are getting a redesigned blood oxygen sensing feature, sidelined for several years by…