Culture
China’s Zara tries going global in hopes of Shein-like success
FAST-FASHION retailer Shein blazed a trail for Chinese companies in the US and European markets. Now, another China-based apparel brand wants to replicate its success.With more stores than Inditex...
Mars readying over US$25 billion bond sale for next week: sources
FAMILY-OWNED candy giant Mars is preparing to sell bonds worth between US$25 billion and US$30 billion as soon as next week to help finance its takeover of Pringles maker Kellanova, according...
ECB’s multi-trillion payments breakdown sends shudders through Europe
BANKS struggled to process payments on Friday (Feb 28), after an unprecedented day-long breakdown in the European Central Bank’s machine underpinning trillions of euros of money movements.
The ECB said...
Sherman Kwek saying ‘there was no attempt to oust me misses the point’: CDL chairman Kwek Leng Beng
CITY Developments Ltd (CDL) chairman Kwek Leng Beng has alleged that his son’s denial of an attempt to oust him “misses the point”, in yet another twist to the...
‘Stripping away any meaningful authority’ of CDL’s chairman is a ‘coup’: Kwek Leng Beng
CITY Developments Ltd executive chairman Kwek Leng Beng has alleged that his son’s denial of an attempted coup “misses the point”, in yet another twist to the father-son/board tussle...
US: Wall St opens subdued after in-line inflation data
WALL Street’s main indexes had a subdued start on Friday (Feb 28) after data showed inflation rose as expected in January, while concerns that US President Donald Trump’s policies...
Skype to shut down in May, 14 years after Microsoft’s US$8.5 billion purchase
MICROSOFT is signalling the end of the line for Skype, the iconic Internet calling and chat service it bought almost 14 years ago.
Once a byword for digital calls that...
Yeo Hiap Seng’s H2 profit up 9% on Oatly compensation, higher sales
Its board proposed a final dividend of S$0.02 per share, unchanged from the previous corresponding periodHIGHER sales volumes and compensation from oat milk maker Oatly lifted the net profit...
SGX sees ‘robust’ IPO pipeline as Singapore explores ‘sweet spot’ to draw listings
The Republic could also attract regional firms seeking access to international markets, says the bourse’s head of global sales and originationSINGAPORE will need to find its “sweet spot” as...
AirAsia owner Capital A expects return to profit this year after 2024 loss
MALAYSIA’S Capital A Berhad, owner of budget airline AirAsia, swung to an annual loss in 2024 due mainly to foreign exchange fluctuations, it reported on Friday (Feb 28), but...
