Culture
McDonald’s Japan scraps ‘One Piece’ promotion after Pokemon frenzy
NALD’S Japan has cancelled a promotion based on the classic One Piece manga series, after a similar Pokemon-themed campaign sparked a…
Section
Culture
Culture
Baidu ranks as China’s cheapest Internet stock amid AI concerns
Sharp stock underperformance for Baidu on concerns over its outlook have left it trading at the cheapest valuation among China’s major…
Culture
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth
From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the world’s most populous nation…
Culture
Asia: Markets creep up as investors await key speech
ASIAN markets edged mostly upward in muted morning trading on Thursday, one day before a key speech expected to offer signals about future…
Culture
India becomes rare hub for green IPOs with US$4 billion of deals
India is seeing a revival in clean-energy initial public offerings (IPOs) as companies capitalise on Prime Minister Narendra Modi’s push…
Culture
Bank of Japan chief’s dogged caution tempers board’s hawkish instincts
In 2024, Kazuo Ueda delivered Japan‘s first interest rate hike in 17 years, a bold shift for a central bank once dominated by advocates of…
Culture
Estee Lauder cuts some prices despite the continued tariff toll
Estee Lauder is lowering prices on some items to boost sales, an unusual move at a time when many US consumer companies are raising prices…
Culture
Australia: Shares hit fresh high on mining and banks boost
AUSTRALIAN shares rose to a record high on Thursday, driven by miners and banks, while investors awaited US Federal Reserve Chair Jerome…
Culture
AI job cuts debacle sees biggest Australia bank reverse tack
Commonwealth Bank of Australia (CBA) reversed a decision to cut 45 customer service roles due to new artificial intelligence (AI)…
Culture
Great Eastern resumes trading after year-long suspension; closes 10% lower than OCBC’s best offer
Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21), after a proposed bonus share issue lifted its free float above 10 per…
Culture
Gold little changed as investors await Jackson Hole remarks
Gold prices were steady on Thursday (Aug 21) as investors awaited cues into the US Federal Reserve’s policy outlook ahead of the Jackson…
Culture
Stocks to watch: Sats, Great Eastern, Wing Tai, Beng Kuang Marine, Capital World
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 21): Sats: The airline caterer…
Culture
Capital World unit faces more than RM320,000 in claims; buyer seeks refund for unit purchased in 2021
The buyer says in a legal letter that Capital City Property failed to vacate the unit within 52 months of the sale-and-purchase agreement…
Culture
China emissions fall while chemicals emerge as new hotspot
Coal-based chemical processes are more polluting than ones using traditional petroleum-based feedstocks A surge of renewable power led to…
Culture
Microsoft curbs early access for Chinese firms to notifications about cybersecurity flaws
Microsoft has curtailed Chinese companies’ access to advance notifications about cybersecurity vulnerabilities in its technology after…
Culture
Chinese carriers claim jets from elusive Airbus mega-order
China’s biggest airlines have started dividing up a 500-plane mega-order for Airbus jets from a deal that Beijing is still looking for an…
Culture
Google unveils latest Pixel phones packed with AI
GOOGLE on Wednesday unveiled new Pixel 10 smartphones that promise more artificial intelligence capabilities, as it seeks to elbow out…
Culture
Singapore-focused listed companies are having their turn in the spotlight
The oft-heard complaint is that Singapore’s market is too small and, beyond the banks, no one can make much money from investing in it.…
Culture
PlayStation prices rise as US tariffs bite
SONY on Wednesday said it is bumping up the price of PlayStation 5 video game consoles by US$50 in the United States due to a “challenging…
Culture
US banks cut back muni exposure to lowest since financial crisis
US banks are holding the smallest share of debt sold by states and localities since the financial crisis despite attractive valuations and…
Culture
Fed minutes show majority of FOMC saw inflation as greater risk
Most US Federal Reserve officials highlighted the risk to inflation as outweighing concerns over the labour market at their meeting last…
Culture
Oil prices climb 2% on drop in US crude inventories as investors focus on Ukraine peace push
Oil prices climbed about 2 per cent on Wednesday on a bigger-than-expected weekly drop in US crude inventories as investors awaited the…
Culture
Europe: Stoxx 600 closes higher but gains limited by tech, defence
EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited…
Culture
US: Wall Street mostly down as tech still under pressure
stocks closed mostly lower on Wednesday as the tech sector remained under pressure while investors kept an eye on retail earnings and…