Fashion
From banking to the FIA: What Citi’s new Singapore head brings to the F1 governing body
Under the mandate of the FIA president, Lee Lung-Nien has helped guide a remarkable financial turnaround at the motorsports governing body[SINGAPORE] Lee Lung-Nien – the first Singaporean in 50...
Honda’s grip on Vietnam motorcycle market looks shaky on EV switch
The world’s largest manufacturer of motorcycles is also producing electric models but it is not clear how many it sells in the country[HANOI] Honda’s dominance of Vietnam’s motorcycle market...
SkillsFuture trainers to be banned from using third-party marketing from Dec 1
However, marketing and promotion are allowed under collaborations with designated intermediaries[SINGAPORE] Training providers registered under SkillsFuture Singapore (SSG) will be prohibited from using third parties to promote, advertise or...
FairPrice Group to be first to use autonomous vehicles in public for supply chain operations
The group says it will now be able to automate ‘important but routine tasks’ such as the transportation of goods[SINGAPORE] FairPrice Group (FPG) on Wednesday (Oct 8) announced that...
Data centre boom brings risks of overbuilding, Ares’ says
Alternative asset management giants have poured into data centre projects as a way to cash in on booming demand for processing power that’s been unleashed by the advent of...
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle [WELLINGTON] New Zealand’s central bank cut interest rates more aggressively than...
Gold prices hit record high, nears US$4,000 per ounce mark on safe-haven demand
[BENGALURU] Gold prices climbed to an all-time high on Wednesday (Oct 8), nearing the crucial US$4,000-per-ounce level, bolstered by economic and geopolitical uncertainty and expectations of additional interest rate...
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first pure-play retail purchase
This marks its expansion into the retail sector, the manager’s chief executive says[SINGAPORE] Keppel Real Estate Investment Trust (Reit) has entered an agreement to acquire a 75 per cent...
Ikea buys US logistics tech firm Locus in online growth push
[LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish furniture retailer said would make its deliveries to...
Dell raises growth targets for next four years on strong AI server demand
The company continues to expect revenue growth of 2 to 3 per cent for its client solutions group, which includes personal computers[BENGALURU] Dell on Tuesday (Oct 7) nearly doubled...
