Fashion
Export growth lifts investor sentiment; STI up 1%
SINGAPORE shares ended higher on Thursday (Oct 17) after the release of September’s export data.The benchmark Straits Times Index (STI) was up 1 per cent or 34.63 points at...
🤑 Is financial freedom just about getting rich quick and retiring early? Here’s what we think
🧮 Numbers gameWe’re familiar with various financial goals such as saving S$100,000 by 30, or retiring by 45 with enough to live comfortably for the rest of one’s life. But...
Goldman Sachs, Morgan Stanley sell combined US$11 billion in bonds
GOLDMAN Sachs and Morgan Stanley sold a combined US$11.3 billion in investment-grade bonds on Wednesday (Oct 16), after both banks posted earnings that surpassed analyst expectations.Both sales came a...
Germany’s Merck open to more M&A for its Life Science division
GERMAN science and technology group Merck is open to more acquisitions for its Life Science business after announcing in May it would buy Mirus Bio for US$600 million, it...
China woes drag down Pernod Ricard first quarter sales
FRENCH spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused...
Self-driving startup Pony.ai plans to publicly file for US IPO: sources
It develops and operates self-driving fleets in the US and China, and manages vehicles which include trucks and robotaxisAUTONOMOUS driving startup Pony.ai plans to file publicly for an initial...
TSMC’s Q3 profit handily beats forecasts on AI boom
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI) applications, reported on Thursday (Oct 17) a forecast-beating 54 per cent jump in...
Nestle announces restructuring, misses nine-month organic sales forecast
NESTLE announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month organic sales growth, after failing to raise volumes amid...
Chick-fil-A announces 2025 Singapore launch in US$75 million Asia foray
AMERICAN fast food restaurant chain Chick-fil-A is opening its first restaurant in Singapore in late 2025, with plans to open two more outlets in the city state by the...
Cathay Pacific’s new business class is all about quiet luxury
ON EMIRATES, passengers in business class have a bartender to mix a cocktail mid-flight. Virgin Atlantic Airways offers the Loft Lounge, a sky-high saloon where travellers can relax on...
