Culture
Lululemon plunges with growth plans threatened by Trump tariffs
LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing…
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Culture
Culture
Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust, Fu Yu
The following companies saw new developments that may affect trading of their securities on Friday (Jun 6). OCBC: The bank’s insurer,…
Culture
Great Eastern seeks to delist with new OCBC exit offer of S$30.15 per share
OCBC has made a S$900 million conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in…
Culture
Trafigura flags trading headwinds as payouts outstrip profit
TRAFIGURA Group warned that market volatility may not translate to opportunities for its traders, as the commodity giant reported…
Culture
Trump-Musk row slams Tesla shares, US$150 billion in market value wiped out
TESLA shares went into free-fall on Thursday as President Donald Trump publicly feuded with the electric vehicle maker’s billionaire CEO…
Culture
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday,…
Culture
Oil settles up as US, China teams to meet following Trump, Xi trade call
Oil prices settled higher on Thursday, recovering from the previous day’s drop, on news that the US and China agreed to more trade talks…
Culture
Europe: Shares inch up as Lagarde’s remarks offset ECB rate cut
EUROPEAN equities see-sawed on Thursday, ultimately eking out gains after the European Central Bank’s President Christine Lagarde’s more…
Culture
US: Stocks slump as Tesla shares tank on Trump-Musk row
Wall Street stocks tumbled on Thursday as a row between US President Donald Trump and Tesla boss Elon Musk erupted - with the electric…
Culture
The good, the bad and the ugly of DEI
OVER the past two decades, Diversity, Equity and Inclusion (DEI) has moved from the periphery of corporate discourse to become a key…
Culture
US: Wall Street opens higher as investors focus on trade, key jobs data
stock indexes opened higher on Thursday (Jun 5) after signs of tariff negotiations between the US and China, while investors looked ahead…
Culture
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines Great Eastern is considering options…
Culture
Alphabet to keep hiring engineers while AI advances
Alphabet’s chief executive officer Sundar Pichai said his company will keep expanding its engineering ranks at least into 2026, stressing…
Culture
StanChart brings maximum interest rate on savings account to record 8.05%
While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an…
Culture
Apple gives Tata India iPhone repair business as partnership expands: sources
Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market, signalling the Indian…
Culture
Singapore shares rise on US rate-cut hopes, softer T-bill yields; STI up 0.4%
UOB economist, reacting to the sluggish retail sales print, expects retail sales to stay tepid this year Local shares rose on Thursday…
Culture
Malaysia’s Petronas to cut more than 5,000 jobs after profits slump
The state-owned oil firm will also freeze promotions and hiring until December 2026 — Petronas, Malaysia’s state-owned oil and gas…
Culture
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as…
Culture
Acrophyte Hospitality Trust proposes disposal of Michigan hotel for US$6.7 million
Acrophyte Hospitality Trust has proposed the disposal of a hotel in the US city of Auburn Hills in Michigan for a consideration of around…
Culture
The Best Father's Day Gift Ideas - Fashion Jackson
Buying gifts for any man is hard, but especially when it comes to Father’s Day. Whether you’re celebrating your own dad, a stepdad, a…
Culture
China warns BYD, rivals to self-regulate as price war heats up
Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns…
Culture
High Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
The High Court has partially allowed an appeal by Goh Jin Hian, a former director of insolvent marine fuel supplier Inter-Pacific…
Culture
Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
The Appellate Division of the High Court has partially allowed an appeal by Goh Jin Hian against having to pay damages for breaching his…
Culture
India central bank set to deliver third straight rate cut to lift growth
India’s central bank will likely cut interest rates for the third straight meeting to boost growth, with market watchers focused on the…