Fashion
Netflix announces ten-for-one stock split, shares rise
Trading is expected to begin on a split-adjusted basis at the market open on Nov 17[BENGALURU] Netflix on Thursday (Oct 30) announced a ten-for-one stock split, making the streaming...
US: Wall Street indexes fall as Meta, Microsoft drag, along with Fed rate concerns
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft shares tumbled on worries over surging...
Amazon reports cloud unit grew at fastest rate since 2022
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and automating processes[WASHINGTON] Amazon.com’s cloud unit posted...
Lendlease Global Reit improves its committed portfolio occupancy to 95% for Q1 FY 2026
The Reit manager credits the rise from 92.1% in the preceding quarter to ‘active leasing efforts’ for a property in Milan [SINGAPORE] Lendlease Global Commercial Reit on Thursday (Oct...
Cordlife’s executive chairman steps down
[SINGAPORE] Cordlife announced that its executive chairman Zhai Lingyun has stepped down in a bourse filing on Thursday (Oct 30). Zhai told the board that he resigned in order...
Volkswagen skids into the red on US tariff hit, Porsche woes
Volkswagen’s operating loss in Q3 was down from a 2.8-billion-euro operating profit for the group a year earlier [BERLIN] An expensive course correction at subsidiary Porsche dealt Volkswagen a...
AirAsia plans up to US$600 million bond to cut borrowing cost: sources
The Malaysian budget carrier operator is targeting a coupon rate of below 10% for the proposed note[KUALA LUMPUR] AirAsia Aviation Group plans to raise as much as US$600 million,...
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results[SINGAPORE] Singapore-based agribusiness group Wilmar International posted a net loss of US$347.7 million for the third quarter...
Powell’s warning to investors and lenders: The Fed won’t spoil the markets any longer
US FEDERAL Reserve chairman Jerome Powell seldom repeats himself, so Wall Street listened carefully when he delivered the same warning twice at a press conference following Wednesday’s (Oct 29)...
StanChart raises outlook as quarterly profit beats estimate
The performance is largely a result of the bank’s wealth management unit and global bankingSTANDARD Chartered lifted its income and returns outlook as it reported third-quarter profit that beat...
