Fashion
US: Dow, S&P 500 retreat from records ahead of inflation data
THE Dow and S&P 500 fell on Wednesday, retreating from records amid a banner period for markets ahead of key US inflation data.Analysts have described the market as primed...
Micron soars after AI computing demand bolsters forecast
MICRON Technology, the largest US maker of computer memory chips, surged in late trading after giving surprisingly strong sales and profit forecasts, helped by demand for artificial intelligence (AI)...
Singapore’s high costs, Asia demand-supply gap see closure of US firm SI Group’s Jurong Island chemical plant
The company will continue supplying alkylphenol from other manufacturing facilities in Europe and the AmericasCHEMICALS company SI Group will close its alkylphenol manufacturing facility on Jurong Island in the second...
Malaysia’s central bank sees ‘enduring support’ for ringgit
The Malaysian currency has been buoyed by signs of a rebound in China, the nation’s largest trading partnerThe rally in Malaysia’s ringgit is likely to last given the nation’s...
South Korea’s Hanwha hits back at estate of Dyna-Mac’s founding shareholder
SOUTH Korean conglomerate Hanwha rebutted criticism from the estate of Dyna-Mac’s founder that its voluntary conditional offer is not compelling, maintaining that its proposition is based on a “rigorous...
Italy opens greenwashing probe into Shein website
ITALY’S antitrust agency has launched an investigation into a Dublin-based company that manages the Italian website of online clothing retailer Shein over possible misleading environmental claims on the site.
The...
Elon Musk’s X says it’s policing harmful content as scrutiny of the platform grows
Amid rising concerns that X has become less safe under billionaire Elon Musk, the platform formerly known as Twitter is seeking to assure advertisers and critics that it still...
Mozilla hit with privacy complaint over Firefox user tracking
VIENNA-BASED advocacy group NOYB on Wednesday (Sep 25) said it has filed a complaint with the Austrian data protection authority against Mozilla accusing the Firefox browser maker of tracking...
Volkswagen squares off with union over German plant closures
VOLKSWAGEN and unions start negotiations over wide-ranging cost cuts on Wednesday (Sep 25), with tensions between both sides higher than they have been in years.The talks centre on the...
Investors face ‘pain trade’ amid China stimulus: Barclays
INVESTORS who have snubbed stocks tied to Chinese growth may face a “pain trade” after the world’s second-biggest economy unleashed a new stimulus package and the Federal Reserves cut...
