Fashion

Temasek shakes up leadership as it prepares for renewal
[SINGAPORE] Temasek Holdings will divide its operations into three entities, in one of the biggest overhauls in its 51-year history, as it prepares for a new generation of leaders....
Nvidia CEO says AI boom far from over
[SAN FRANCISCO] Nvidia CEO Jensen Huang on Wednesday (Aug 27) dismissed concern about an end to a spending boom on artificial intelligence chips, projecting opportunities will expand into a...
Hong Kong’s gold trading ambitions tested by talent shortage
[SINGAPORE] Bank of China (Hong Kong) posted a job ad early this year for a precious metals trader fluent in English and Mandarin with at least five years of...
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
[HONG KONG] ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than US$330...
Taiwan charges three with stealing TSMC 2nm secrets for Tokyo Electron
[TAIPEI] Taiwanese prosecutors on Wednesday (Aug 27) charged three people with stealing trade secrets relating to TSMC’s most advanced 2-nanometre chips to help a Japanese company that makes equipment...
From vultures to defenders, Japan private equity deals head for record year
[TOKYO] Take-private deals in Japan are likely to hit a record high this year, exceeding the US$40.3 billion total racked up in 2023, according to private equity funds and...
US: Wall St opens subdued after Trump’s latest attack on Fed
Published Tue, Aug 26, 2025 · 09:44 PM[NEW YORK] Wall Street’s main indexes opened slightly lower on Tuesday (Aug 26), pressured by a rise in longer-dated Treasury bond yields...
Pinault family is exploring options for Puma, including a sale
[FRANKFURT] The Pinault family has reached out to potential buyers of Puma after the German sports brand lost about half of its market value in the past year, according...
Musk’s xAI sues Apple and OpenAI, escalating billionaire’s tech feud
Elon Musk on Monday ramped up his legal feud with OpenAI as his companies filed a new lawsuit against OpenAI and Apple accusing both of anticompetitive behavior in the...
Wall Street hires more senior bankers as growing confidence spurs deal rebound
[NEW YORK] Wall Street banks have hired dozens of senior executives in recent months, as improved economic sentiment has spurred mergers and IPOs after a lull earlier in the...
Asia’s US$306 billion of global bond sales are about to go higher
[TOKYO] More Asian borrowers are considering bond offerings, extending a stretch of sales that has already jumped to the most since 2021 at US$306 billion-equivalent across US dollars and...
Oil prices climb after Ukraine attacks hit Russian energy sites
[BEIJING/SINGAPORE] Oil prices edged higher on Monday (Aug 25) after Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted, while expectations of a cut...