Fashion
Bank of Japan bids final farewell to Kuroda’s radical policy experiment
IN RARE criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda’s stimulus did not change consumer psychology as much as planned, continuing a symbolic...
Top Glove swings back to black with RM5.5 million Q1 net profit
GLOVE manufacturer Top Glove posted a net profit of RM5.5 million (S$1.7 million) for the first fiscal quarter ended November, reversing its net loss of RM57.7 million in the...
Beijing woos AstraZeneca for investment while probe continues
BEIJING’S mayor called on AstraZeneca to expand its research and development investment in the Chinese capital, signalling that a probe against some of its executives will not affect business...
Indonesia weighs deep cuts to nickel mining to boost prices
INDONESIA is considering deep cuts to nickel mining quotas as it seeks to boost slumping prices of the battery metal, according to sources familiar with the matter.The Energy and...
Philippines may open 2025 with rate cut, central banker says
THE Philippine central bank is open to delivering another rate cut in its first monetary policy meeting next year, governor Eli Remolona said on Friday (Dec 20).While the Federal...
Asia: Markets mixed as traders digest Fed’s hawkish pivot
EQUITIES fluctuated on Friday (Dec 20) and the US dollar maintained its gains against its peers as investors assessed the fallout from the Federal Reserve’s outlook for interest rate...
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8 billion) asset sale to Cellnex Telecom. The...
Singapore shares open lower on Friday; STI down 0.5%
SINGAPORE stocks opened lower on Friday (Dec 20), following another downbeat session on Wall Street as the US Federal Reserve’s hawkish pivot continued to weigh on sentiment.The Straits Times...
Singapore shares mirror regional declines; STI down 1.1%
THE Straits Times Index (STI) continued to falter on Friday (Dec 20), mirroring regional indices.
The STI was down 1.1 per cent or 42.95 points at 3,719.93. The top...
Elite UK Reit divesting property in England for £1.6 million
THE manager of Elite UK Reit announced in a bouse filing on Friday (Dec 20) that Perpetual (Asia) Limited, the trustee of the real estate investment trust (Reit), has...
