Fashion
STI closes flat amid a mixed regional showing, overnight Wall Street declines
Gainers beat decliners 273 to 205 across the broader market, with 982.2 million of securities valued at S$1.2 billion changing hands[SINGAPORE] The Straits Times Index (STI) finished at 3,882.55...
TikTok Shop US Employees told to work from home as layoffs loom
[SEATTLE] TikTok told US e-commerce staff to work from home on Wednesday (May 21) while awaiting emails regarding “difficult decisions,” suggesting the social media company is preparing to cut...
Time’s not ripe for SingPost to sell its flagship building
[SINGAPORE] The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results.The share price tanked 12...
Yoma Strategic’s H2 profit falls 12.4% to US$18.3 million
[SINGAPORE] Yoma Strategic Holdings posted a 12.4 per cent decline in net profit for the second half-year ended Mar 31 to US$18.3 million, from US$20.9 million in the same...
Britain’s M&S says cyberattack to cost US$400 million
[LONDON] British retailer Marks & Spencer said on Wednesday (May 21) a “highly sophisticated cyber” attack would cost it about US$403 million in operating profit, with disruption set to...
Accenture to promote 50,000 staff after six-month delay
The move comes as the New York-listed company grapples with a pullback in client spending and greater scrutiny of US government contracts under US President Donald TrumpPublished Wed, May...
China threatens enforcers of US’s Huawei curbs with legal action
Published Wed, May 21, 2025 · 12:56 PMCHINA said it could take legal action against anyone enforcing US restrictions on using Huawei Technologies’ artificial intelligence (AI) chips, escalating a...
Nvidia says US export controls on AI chips to China were ‘a failure’
The world’s second-largest economy to invest aggressively to develop a supply chain that does not rely on manufacturers outside the countryPublished Wed, May 21, 2025 · 12:02 PM[TAIPEI] US...
Former Citigroup traders drop Hong Kong lawsuit on cost concerns
[HONG KONG] Two former Citigroup traders in Hong Kong abandoned their employment lawsuits after weighing the costs and difficulties of taking it to a higher court, sources familiar with...
WhatsApp had no plans to vie with Facebook, co-founder says
[DENVER] WhatsApp co-founder Brian Acton said that his messaging company had no plans to build social networking features to compete with Facebook before he sold the company to Mark...
