Culture
China leaves policy rate unchanged after Fed rate reduction
China’s central bank left a key interest rate unchanged on Thursday (Sep 18), as authorities appear in no rush to ease monetary settings…
Section
Culture
Culture
Shein opens its supply network to fashion brands to boost growth
In addition to mounting external operational challenges, the company has faced significant hurdles in its push for an initial public…
Culture
Del Monte Pacific restates US$443 million loans to non-current status; auditor issues disclaimer on US$703 million entry
Del Monte Pacific (DMP) will not have to repay a loan of nearly US$443 million in the current fiscal year after reclassifying them as…
Culture
Corporate issuance poses headwinds for Malaysian sovereign bonds
Ringgit swaps are now pricing eight basis points of easing over the next six months, from as much as 20 basis points in mid-August…
Culture
Tokyo: Nikkei hits intraday record high on boost from tech shares
Japan’s Nikkei share average rose to an intraday record high on Thursday, led higher by technology shares, but gains were limited after…
Culture
PayPal and Google expand partnership to power agentic commerce
The companies are working to establish standards to ensure merchants, consumers and autonomous AI agents are operating with sufficient…
Culture
China banks amped up 72 trillion yuan bond bet just as market peaked
It comes at a risky time as the nation’s bond market is about to wipe out this year’s advance Just as China’s long bull run for bonds is…
Culture
China tells companies to stop buying Nvidia’s repurposed AI chip
The chipmaker has pressed the Trump administration for relief from export controls that have hampered its ability to sell to customers in…
Culture
Another Malaysian unit of mm2 Asia receives RM1.5 million payment demand
MM2 Star Screen is also asked to pay 5% interest on the amount owed, along with the legal costs of film distributor Antenna Entertainments…
Culture
US: Wall St opens flat ahead of Fed's policy decision
Wall Street’s main indexes opened subdued on Wednesday (Sep 17) ahead of a widely anticipated interest-rate cut from the Federal Reserve…
Culture
Manchester United posts sixth year of net loss, forecasts revenue dip
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the…
Culture
STI continues to slide on Wednesday, down 0.3%
Across the broader market, decliners outnumber advancers 286 to 285 after 2.3 billion shares worth S$1.4 billion change hands The Straits…
Culture
Indonesia central bank delivers surprise rate cut to boost growth
Indonesia’s central bank delivered another surprise interest rate cut on Wednesday (Sep 17), its sixth cut since it kicked off an easing…
Culture
OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now
The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of…
Culture
Ben & Jerry's co-founder resigns citing loss of independence under Unilever
Jerry Greenfield says the Vermont-based company has lost its independence since UK parent Unilever curtailed its social activism Ben &…
Culture
Former Hyflux legal officer not aware of power plant in bid for Tuaspring project
The former legal officer of Hyflux tasked with reviewing the water purchase agreement for the company’s tender for the Tuaspring…
Culture
Former Hyflux legal officer unaware of power plant in bid for Tuaspring project
The former legal officer of Hyflux tasked with reviewing the water-purchase agreement for the company’s tender for the Tuaspring…
Culture
Del Monte Pacific gets Philippine Stock Exchange suspension after annual report non-submission
DMP did not meet the PSE’s extended deadline “due to the same reasons disclosed by the company (when) requesting the extension”, the…
Culture
Openspace Ventures rebrands as Openspace Capital, launches two new funds
The equity growth offering seeks to tap MAS’ EQDP, while the private credit strategy presents companies with more options for capital…
Culture
Hong Kong to speed up development of border tech hub, John Lee says
Absent bold new measures, the city’s housing market is likely to remain under pressure, with home values hovering near their lowest since…
Culture
EU business lobby head says China rare earths snag persists
EUROPEAN firms still face challenges in securing access to crucial rare earths from China, a business lobby warned on Wednesday, despite a…
Culture
India’s gaming fans eye illegal sites after gambling ban
India’s ban on online gambling has shuttered a billion-dollar industry serving hundreds of millions of people and torpedoed the…
Culture
China lifts exit ban on Wells Fargo banker amid US trade talks
The Asian nation’s use of exit bans has been a point of contention between Beijing and Washington China has released a Wells Fargo banker…
Culture
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund…