Culture
Ascott, Frasers Hospitality expand footprint in Asia
Lodging sector players Ascott and Frasers Hospitality issued separate statements on Tuesday (Jun 3) announcing their expansion in Asia…
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Culture
Culture
Julius Baer’s new goals fail to impress in setback for CEO
Julius Baer Group unveiled fresh targets aimed at cutting costs and setting the Swiss wealth manager on the road to better profitability,…
Culture
Singapore hedge fund Arrowpoint capitalised on May market turmoil
Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global…
Culture
Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project
A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric…
Culture
HK Express airfares dragged down by rising competition out of Hong Kong, CEO says
An accelerating fall in the price of air tickets from recent high levels is the biggest challenge at Cathay Pacific’s budget arm HK…
Culture
China’s Temu and Shein want to crack Europe, but the US is too big to quit
HUANG Lun was one of the original architects of his Guangzhou-based company’s push into the US market, helping it to sell underwear and…
Culture
Asia: Markets rise as traders eye possible Trump-Xi talks
Asian stocks rallied on Tuesday as investors kept tabs on developments in the China-US trade war amid speculation the countries’ leaders…
Culture
TSMC says tariffs have some impact but AI demand robust
[HSINCHU, Taiwan] US tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace…
Culture
Gold hovers near four-week peak on weaker US dollar, trade concerns
Gold edged up to hit a near four-week high on Tuesday (Jun 3), as a weaker US dollar and rising uncertainty over the US-China trade deal…
Culture
Electric trucks are the latest threat to oil demand in China
MORE and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an…
Culture
Merck held talks to buy biotech MoonLake for over US$3 billion: FT
K has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than US$3 billion, the Financial Times reported on Monday,…
Culture
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save…
Culture
Father’s Day Gift Guide - Southern Curls & Pearls
Porsche Coffee Table Book // Vince Loafer // Diptyque Candle // Baccarat Cologne // Reversible Leather Belt // Bluetooth Speaker //…
Culture
Meta aims to fully automate advertising with AI by 2026: WSJ
Meta Platforms aims to allow brands to fully create and target advertisements with its artificial intelligence tools by the end of next…
Culture
Google to spend US$500 million revamping compliance in shareholder settlement
Google agreed to spend US$500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the…
Culture
US: Wall Street opens lower after Trump’s steel tariff threat
Wall Street’s main indices opened lower on Monday (Jun 2) after US President Donald Trump revealed plans to double tariffs on imported…
Culture
CK Hutchison announces completion of Vodafone and Three’s merger in UK
Vodafone and Three will invest £11 billion over the next 10 years in building one of Europe’s most advanced 5G networks Vodafone and CK…
Culture
Singapore shares fall after Trump vows to double steel tariffs; STI down 0.1%
Shares on the Singapore bourse ended lower on Monday (Jun 2), after US President Donald Trump said last week that he would double tariffs…
Culture
S-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy
Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025,…
Culture
Newark airport runway to reopen Monday after construction
A RUNWAY ahead of schedule following several chaotic weeks of equipment outages, runway construction and air traffic control staffing…
Culture
Trump says he plans to double steel, aluminum tariffs to 50%
US President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel and aluminum to 50 per cent from 25…
Culture
Blackstone lowers offer for warehouse Reit, extends deadline
S managed by Blackstone have lowered an offer to purchase Warehouse real estate investment trust (Reit) Plc after matters uncovered in due…
Culture
Trump celebrates Nippon Steel 'deal' with rally at Pennsylvania plant
US President Donald Trump on Friday (May 30) lauded a “partnership” between Nippon Steel and US Steel at a political rally but stopped…
Culture
US: Stocks mixed as China trade tensions fuel unease
Wall Street stocks saw a mixed end to the day on Friday (May 30), as trade tensions between the United States and China heated up with…