Fashion

Microsoft vies for scarce clean power in Asia chipmaking nations
[TOKYO] Microsoft warned that it is competing for limited supplies of clean electricity in parts of East Asia, even as its window to achieve a key 2030 climate target...
JPMorgan CEO Dimon warns of US stock market correction risk: BBC
[LONDON] JPMorgan Chase CEO Jamie Dimon warned of a heightened risk of a significant correction in the US stock market within the next six months to two years, the...
TSMC posts forecast-beating Q3 revenue surge on AI boom
The company will report full third-quarter earnings on Oct 16, including an updated outlook for the current quarter and full year[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest...
Top Glove swings into the black with RM38.6 million Q4 net profit; returns to full-year profitability
It declares a 0.48 sen final dividend and attributes the improved performance to stronger demand[SINGAPORE] Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net profit of RM38.6...
SingPost short interest spikes on uncertain direction and smaller scale
[SINGAPORE] The short interest in Singapore Post (SingPost) shares has been surging since July, catapulting the counter to the top shorted stock on the Singapore Exchange, S&P Global Market...
Asia: Stocks mixed as traders assess AI rally, US rates and shutdown
Technology firms have been riding to ever-higher levels this year, dragging equity markets with them as companies pump hundreds of billions of US dollars into all things linked to...
Asia bonds look vulnerable as Fed rate cuts deliver less support
Central banks in Indonesia, India, Malaysia, Thailand, South Korea and the Philippines have trimmed their benchmark rates by a cumulative 450 basis points so far in 2025[SINGAPORE] Emerging Asian...
Top Singapore fund LionGlobal wins with ‘forgotten’ small-caps
The company sees the small- and mid-cap strategy continuing to succeed over the longer term as well[SINGAPORE] Lion Global Investors’ strategy of investing in the shares of small and...
Gold pauses after record rally on safe-haven demand
Markets are pricing in an additional 25-basis-point cut each in October and December[BENGALURU] Gold eased on Thursday (Oct 9), as investors booked profits a day after bullion breached the...
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world [SINGAPORE] HSBC Holdings is proposing to acquire...
Fed minutes show caution over inflation even as officials cut rates
Federal funds futures contracts suggest investors see rate cuts likely in October and December[NEW YORK] US Federal Reserve officials showed a willingness to lower interest rates further this year,...
Europe: French stocks revive after turmoil; Stoxx at record highs
[BENGALURU] European shares climbed to record highs on Wednesday (Oct 8), powered by strong gains in French and Spanish stocks, and steelmakers rallied after the EU unveiled plans to...