Fashion
Ex-Goldman banker leads China’s push to revive Hong Kong finance
[HONG KONG] The crowd was taken aback as China’s point person for financial matters in Hong Kong laid out plans to re-energise the city’s markets.Qi Bin’s proposals on topics...
Meta delays release of its ‘Behemoth’ AI model: WSJ
Published Fri, May 16, 2025 · 07:08 AMMETA Platforms is delaying the release of its flagship “Behemoth” AI model due to concerns about its capabilities, the Wall Street Journal...
Retailers rush to save US summer shopping season
[NEW YORK] US retailers including Walmart and several clothing brands are racing to secure China-made merchandise for the busy summer shopping season starting in late May after Washington and Beijing agreed...
Walmart shoppers to face price hikes as Trump tariffs hit
WALMART, the world’s largest retailer, will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday, in a clear signal...
Microsoft layoffs hit its Silicon Valley workforce
Microsoft is slashing its Silicon Valley workforce.The tech giant, which is based in Washington but also has Bay Area offices, is cutting 122 positions in Silicon Valley, according to...
Japfa expected to delist on Jun 10 as court sanctions scheme of arrangement
Last day of trading of its shares will be on May 16; trading in the counter will be suspended from 9 am on May 19[SINGAPORE] Agri-food company Japfa is...
LHN net profit for H1 rises 8.8% to S$14.1 million
[SINGAPORE] LHN’s net profit for the first half ended March 31 rose 8.8 per cent to S$14.1 million from S$13 million in the year ago period.The real estate management...
Ossia controlling shareholders offer S$0.16 a share to take it private
[SINGAPORE] The controlling shareholders of Ossia International – group executive chairman Goh Ching Wah, chief executive Goh Ching Huat, and non-executive director Goh Ching Lai – have made an...
NetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY2025
[SINGAPORE] Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar 31, 2025.NetLink’s earnings were...
NetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY25
[SINGAPORE] Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar 31, 2025.NetLink’s earnings were...
IEA predicts slower oil demand growth for the rest of 2025
[LONDON] The International Energy Agency (IEA) said on Thursday (May 15) that economic headwinds combined with record sales of electric vehicles will slow global oil demand growth for the...
Sats to invest over S$250 million to upgrade operations, cargo handling infrastructure at Changi Airport
These strategic initiatives will also enhance operational reliability and safety, and optimise turnaround times[SINGAPORE] Catering and ground handling company Sats announced on Thursday (May 15) that it will invest...