Fashion
Stocks to watch: SIA Group, Jardine C&C, Aztech Global, Q&M Dental, Food Innovators
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Oct 16): SIA Group : Passenger traffic in September for Singapore Airlines (SIA)...
Paxos mistakenly issues US$300 trillion of PayPal stablecoin
[PORTLAND] Stablecoin issuer Paxos said that it mistakenly minted US$300 trillion of PayPal Holdings’ PYUSD stablecoin on Wednesday (Oct 15) before burning the tokens minutes later.The transactions were visible...
J&J faces first UK lawsuits alleging its baby powder caused cancer
[LONDON] Johnson & Johnson is facing the first lawsuits in Britain over allegations that its talc products cause cancer, as it fights tens of thousands of similar claims in...
Apple rolls out devices with more powerful M5 chip
[BENGALURU] Apple unveiled a series of product updates on Wednesday (Oct 15), including a refreshed MacBook Pro, an iPad Pro and a second generation of the Vision Pro headset,...
United sees demand ‘strengthening’ as profits edge lower
UNITED Airlines reported a slight dip in profits on Wednesday as operating expenses ticked higher, adding that a strengthening demand outlook would boost fourth-quarter results.The big US carrier reported...
HPE annual profit forecast misses estimate on margin crunch
The company is dealing with tighter margins in part due to building servers with expensive AI chips that have made the machines less profitable[NEW YORK] Hewlett Packard Enterprise (HPE)...
Oil prices hit 5-month low on US-China trade tensions, looming supply surplus
[NEW YORK] Oil prices eased on Wednesday to a five-month low on escalating US-China trade tensions and the International Energy Agency’s prediction of a supply surplus in 2026.Brent crude futures...
Attention Walmart shoppers: ChatGPT will do your shopping for you
Walmart has partnered with OpenAI to allow its customers to shop for products and pay directly from within ChatGPT.The world’s largest retailer’s embrace of “AI-first” shopping ushers in the...
Former OCBC CEO Samuel Tsien appointed as new Jardine C&C independent chairman
[SINGAPORE] Jardine Cycle & Carriage has appointed former OCBC group chief executive officer Samuel Tsien as its new independent chairman, effective Nov 11.The 71-year-old, who is currently a lead...
US: Wall St opens higher on positive bank results, chip stocks’ rally
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Oct 15), boosted by solid results from major banks, while chipmakers rallied after positive quarterly results from ASML.The Dow...
