Fashion
Japan’s biggest lender MUFG posts 32% jump in Q3 profit
Japan’s largest lender Mitsubishi UFJ Financial Group on Tuesday (Feb 4) reported a 32 per cent increase in quarterly net profit.Profit in the October-December period came in at 490.74...
Shein to face EU consumer law probe under e-commerce crackdown
THE Chinese-founded massive online marketplace Shein faces potential fines with the European Union imminently set to open a probe into its compliance with consumer laws over the sale of...
Clorox raises guidance after quarterly sales top estimates
CLOROX raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that the bleach maker’s business continues to recover from a 2023 hack...
CapitaLand Investment to seed future data centre fund with US$700m investment in Japan
It is making disciplined acquisitions without acting like ‘a kid in a toy store’, says CLI’s Manohar KhiataniASSET manager CapitaLand Investment (CLI) will invest more than US$700 million in...
Ontario cancels Starlink contract in latest Canadian tariffs protest
THE Canadian province of Ontario on Monday (Feb 3) announced it was cancelling a C$100 million (S$93.4 million) contract with Elon Musk’s Starlink, the latest retaliatory move against tariffs...
US: Wall St slides at open as Trump’s tariffs trigger risk aversion
Wall Street’s main indexes dropped at the open on Monday (Feb 3) as fears of a full-blown trade war and its impact on the global economy jolted markets around...
Cathay Cineplex receives letters of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operationsCATHAY Cineplex, operated by mainboard-listed media company mm2 Asia, has...
Once a Trump critic, Mark Zuckerberg pivots toward the president
Before Donald Trump kicked off his second term as president, Meta Platforms Chief Executive and founder Mark Zuckerberg took another big swing at hitting reset.In a nearly three-hour conversation...
Lendlease Global Commercial Reit reports 14.3% lower H1 DPU of S$0.018
LENDLEASE Global Commercial Real Estate Investment Trust’s (Lendlease Reit) distribution per unit (DPU) fell 14.3 per cent to S$0.018 for its first half ended Dec 31, 2024, from S$0.021...
KKR, Gaw look to sell Tokyo Hyatt Regency for over 100 billion yen
KKR and Gaw Capital Partners are in talks to sell the Hyatt Regency hotel in Tokyo to Japan Hotel Reit Investment for more than 100 billion yen (S$879.3 million),...
