Fashion

China’s mega banks trim deposit rates as stimulus hits profits
CHINA’S largest state-owned lenders have cut their deposit rates on Friday (Oct 18), their second reduction this year as they rushed to salvage record low margins amid weakened profitability....

Singapore shares open higher on Friday; STI up 0.1%
SINGAPORE shares started trading in positive territory on Friday (Oct 18), mirroring overnight gains in the Europe market. As at 9.01 am, the Straits Times Index (STI) was 0.1...

Keppel DC Reit Q3 DPU up 0.4% at S$0.02501
KEPPEL DC Reit posted a distribution per unit (DPU) of S$0.02501 for the third quarter ended Sep 30, up 0.4 per cent from S$0.02492 in the previous corresponding period....

Sam Altman’s rebranded Worldcoin ramps up iris-scanning crypto project
WORLDCOIN, a cryptocurrency project founded by OpenAI CEO Sam Altman, said on Thursday (Oct 17) it was rebranding to World Network and was ramping up efforts to scan every...

Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative investment firm’s assets under management (AUM) hit a record...

Ray-Ban maker EssilorLuxottica misses sales expectations as China slows
FRANCO-ITALIAN eyewear maker EssilorLuxottica, opens new tab missed third-quarter revenue expectations on Thursday (Oct 17), dented by a slowdown in consumer spending in China.Group revenue for the three months...

Oil prices edge higher on US crude stockpiles draw
OIL prices inched up on Thursday (Oct 17), bouncing back from two-week lows, after data showed falling crude and fuel inventories in the United States.Brent crude futures settled at...

Liam Payne May Have Been Unconscious When He Fell to His Death from Third Floor Hotel Balcony after Drug-Fueled Episode, Autopsy Reveals
A newly released autopsy report for former One Direction singer Liam Payne suggests he may have been unconscious when he tragically fell from a hotel balcony in Buenos Aires--...

‘Release Hostages or Face Elimination’: Netanyahu Warns Hamas After Sinwar’s Death, U.S. Speaker Backs Israeli Action
Israeli Prime Minister Benjamin Netanyahu on Thursday praised the killing of Hamas leader Yahya Sinwar and stressed the importance of freeing the hostages held by the militant group. In...

FLCT to acquire Tuas logistics facility for S$140.3 million
Trust’s portfolio of logistics and industrial assets will increase from 70.9% to 71.5% after the acquisition is completedFRASERS Logistics & Commercial Trust (FLCT) is set to acquire a six-storey...