Fashion
South Korean President Lee calls for harsher penalties after Coupang data breach
[SEOUL] Coupang’s top executives were grilled for hours by South Korean lawmakers about their failure to prevent the country’s largest ever data breach, an incident that has sparked public...
AirAsia founder urges Airbus to re-look software tests
The budget carrier is a major customer of Airbus, which is facing fallout from a weekend software glitch[HONG KONG/SINGAPORE] AirAsia, one of Airbus’ largest customers of single-aisle jets, says...
BOE cuts banks’ benchmark capital requirements ahead of review
[LONDON] The Bank of England has cut its estimate of how much capital the UK’s banking sector needs for the first time in a decade, and signalled a consultation...
Kristi Noem Wants ‘Full Travel Ban’ on All Countries Sending ‘Killers, Leeches and Entitlement Junkies’ to the US
Homeland Security Secretary Kristi Noem on Monday called for a "full travel ban" on a certain number of countries that she says are sending "killers, leeches and entitlement junkies"...
OCBC shares continue record-breaking streak to hit S$18.95 as wealth unit shines
[SINGAPORE] OCBC shares surged further to another new high on Wednesday (Dec 3) after a record-breaking performance on Tuesday.OCBC is supported by “outperformance in the wealth franchise, and the...
Crypto’s retail traders hit hard as Strategy ETFs plunge 80%
[NEW YORK] Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price.Strategy, the company once hailed for wrapping crypto exposure into a public stock,...
Asian markets rise as US rate cut bets temper Japan bond unease
[HONG KONG] Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and tempered nervousness over...
Intel to invest additional RM860 million in Malaysia, PM says
[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations.Anwar...
Marco Polo Marine shares rise 7.5% on H2 profit surge
For the full year, net profit surges 169.7% to S$58.5 million, from S$21.7 million the year before[SINGAPORE] Shares of Marco Polo Marine climbed 7.5 per cent or S$0.009 to...
UOB prices £750 million floating rate covered bonds due 2029
[SINGAPORE] UOB announced on Tuesday (Dec 2) that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029.The issue date of the covered bonds is...
Singapore multi-currency e-wallet YouTrip enters Australia market
[SINGAPORE] Singapore-based multi-currency wallet YouTrip has launched operations in Australia, marking the fintech company’s first geographic expansion since the Covid-19 pandemic. Announced on Tuesday (Dec 2), the move establishes...
