Culture
Delta electronics shares slump in Bangkok due to exchange curbs
The stock has more than tripled in price from its April low, boosted by optimism over its role as maker of components for artificial-intelligence data centres[BANGKOK] Delta Electronics (Thailand)...
China ramps up rare earth restrictions, in move to beef up position for US trade talks
Both countries have traded tit-for-tat moves since Trump announced tariffs in April[BEIJING] China has tightened its grip on rare earths, extending export controls beyond its borders for the first...
Asia: Markets limp into weekend as AI bubble fears grow
While some markets have hit record highs, talk is growing that valuations among some companies may have run too high[HONG KONG] Asian equities staggered into the weekend on Friday...
Thai central bank worried over disconnect as global markets soar
[BANGKOK] The disconnect between the real economy and record-high financial markets worldwide is worrying, according to the Bank of Thailand (BOT), as asset prices soar despite mounting shifts in...
Orsted axes quarter of jobs, pivots to Europe after US setbacks under Trump
[COPENHAGEN] Orsted, the world’s biggest offshore wind farm developer, will cut about 2,000 jobs by the end of 2027, a quarter of its workforce, and will focus more on...
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year[BENGALURU] Gold edged higher on Friday (Oct 10) and headed for its...
Shein, hit with big fines, boosts internal controls
The online fast-fashion retailer has grown to become the world’s biggest fast fashion retailer by sales [LONDON] Online fast-fashion retailer Shein is strengthening its controls after a string of...
Levi Strauss forecasts annual profit below estimates as tariffs bite
The retailer has leaned into full-price sales through its direct-to-consumer channel, broadened its product offerings and kept a tight leash on SKUs, an industry term for inventory[BENGALURU] Levi Strauss...
Europe: Ferrari’s steepest fall drags Europe’s stocks, HSBC pulls parking brake
The central bank kept rates unchanged and struck a cautiously optimistic tone on the economy[BENGALURU] European stocks fell on Thursday (Oct 9), dragged lower by steep losses in HSBC...
Serving with purpose: Expectations of non-profit board directors
Unlike directors of listed companies, NPO directors operate in an environment where the Code of Corporate Governance, Companies Act and SGX Listing Rules do not applyIN RECENT years, Singapore...
