Fashion

Murdoch’s REA ends month-long takeover pursuit of Britain’s Rightmove
RIGHTMOVE’S shares dropped 8 per cent on Monday (Sep 30) after Rupert Murdoch’s REA Group ended its US$8.29 billion takeover pursuit following a fourth bid rejection from the British...

Japfa fails to buy targeted maximum number of shares under equal access scheme
Shareholders will be entitled to sell to the company up to 9 per cent of shares held in their nameJAPFA managed to purchase only 76.3 per cent of the...

Britain’s biggest steel works to end production after 100 years
BRITAIN’S biggest steelworks will end production later on Monday (Sep 30), when the final blast furnace at Port Talbot in Wales will close after more than 100 years of...

China’s central bank buys 200 billion yuan of sovereign bonds in September
THE Chinese central bank said on Monday (Sep 30) that it had bought 200 billion yuan (S$36.5 billion) of the country’s government bonds in open-market operations in September.China’s long-dated...

Aston Martin plunges as supply woes prompt profit warning
SHARES of Aston Martin Lagonda Global plunged after the luxury sports-car maker lowered its guidance for the year, blaming supply chain disruption and weak demand in China. The shares dropped...

MAS, Temasek executives among new members appointed to HDB’s board
Those serving new terms hail from diverse backgrounds with experience in different sectors and professional fieldsTHE Housing and Development Board (HDB) has named five new members who will join...

Volkswagen’s second profit warning exposes a carmaker in decline
VOLKSWAGEN’s (VW) second profit warning in three months makes one thing clear: Europe’s biggest automaker is in decline.The German manufacturer on Friday (Sep 27) slashed expectations for revenue, profit...

Indonesia launches central counterparty clearing house
INDONESIA launched on Monday (Sep 30) a central counterparty clearing house (CCP) for foreign exchange and money market transactions as it aims to deepen the capital markets of South-east...

Hot stock: Nio jumps over 20% on news of strategic investment in China unit
The last time the counter reached such levels was in January, when it traded above US$7.60SHARES of Nio rose by 21.9 per cent on Monday (Sep 30) following news...