Culture
Philippine central bank to take ‘measured approach’ in easing as inflation steadies
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held…
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Culture
Culture
Panama considers cancelling port deal with Hong Kong firm
PANAMA is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to…
Culture
Gold hits record high as China-US tariff war drives safe-haven demand
GOLD prices touched an all-time-high on Wednesday (Feb 5), underpinned by safe-haven demand after China responded to US tariffs, which…
Culture
Singapore shares down on tariffs drag; STI dips 0.2%
SINGAPORE shares closed lower for the third consecutive day on Wednesday (Feb 5), after US President Donald Trump announced tariffs on…
Culture
Nissan is likely to reject Honda offer in blow to tie-up plan
The talks to create the world’s third-largest carmaker have gone haltingly since the plans were first announced in December NISSAN Motor…
Culture
Nissan calls off Honda merger talks
Japan’s Nissan has called off merger talks with rival Honda, the Nikkei newspaper said, abandoning a tie-up that would have created the…
Culture
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
GENERAL Motors (GM) is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and sources…
Culture
Stocks to watch: CICT, Keppel, FLCT, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 5). CapitaLand Integrated…
Culture
CapitaLand Integrated Commercial Trust’s H2 DPU remains at S$0.0545
THE manager of CapitaLand Integrated Commercial Trust (CICT) posted a distribution per unit (DPU) of S$0.0545 for the second half ended…
Culture
Walmart to cut hundreds of jobs, relocate staff to main hubs
WALMART is eliminating some jobs and asking workers to move to central offices in Arkansas or California, continuing the retailer’s push…
Culture
Google shares slide on spending plans despite sales jump
TECH giant Alphabet, Google’s parent company, reported robust fourth-quarter results on Tuesday, with revenues jumping 12 per cent to…
Culture
Barbie parent Mattel forecasts annual profit above estimates after steady holiday demand
TOYMAKER Mattel on Tuesday forecast full-year profit above Wall Street expectations after beating holiday quarter estimates, owing to…
Culture
IBM gives long-term sales growth outlook that tops expectations
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in…
Culture
January Best Sellers - Southern Curls & Pearls
Happy New Year, friends! I can’t believe how fast this month has flown by – it’s already been such a sweet start to the year! We had our…
Culture
Shein, Temu, Amazon Haul set for price hikes as US shuts trade loophole
SHEIN, Temu and Amazon Haul prices are likely to rise for American shoppers, analysts and industry experts said, after US President Donald…
Culture
US: Wall St muted at open after China’s retaliatory tariffs
WALL Street’s main indexes were subdued at the open on Tuesday (Feb 4) as investor appetite for risk waned after China retaliated against…
Culture
Scandal-hit unicorn eFishery ropes FTI Consulting into acting management team
The move ‘aims to facilitate a thorough and objective business review to determine the best path forward for the group’, says eFishery’s…
Culture
Spotify forecasts profit above estimates on subscriber growth, price increases
In the fourth quarter, premium subscribers rose 11 per cent to 263 million, compared with Visible Alpha estimates of 260 million. SPOTIFY…
Culture
Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel…
Culture
Tesla supplier Panasonic to cut costs to support shift into AI
PANASONIC Holdings is considering an overhaul of personnel and trimming underperforming businesses to lower fixed costs, part of a shift…
Culture
Number of compulsory wind-ups rise more than 50% in 2024
AS MANY as 307 companies were forced to wind up last year, based on figures released by the Ministry of Law’s Insolvency Office. This was…
Culture
HK-listed Chinese stocks hit 3-month high despite China, US tariffs
CHINESE stocks listed in Hong Kong surged on Tuesday (Feb 4) as investors loaded up on artificial intelligence and electric vehicle shares…
Culture
Nintendo cuts outlook for final months before Switch 2 debut
Nintendo revised its full-year forecast down after profit and revenue plummeted over the holiday period, with gamers increasingly looking…
Culture
10 Favorites We All Loved in January - Fashion Jackson
Although January took about four years to pass, it wouldn’t be Fashion Jackson if we didn’t round up last month’s top 10 items you all…