Fashion
Citi to cut 3,500 technology jobs in China as part of global revamp
Published Thu, Jun 5, 2025 · 11:23 AM — Updated Thu, Jun 5, 2025 · 11:28 AM[HONG KONG] Citigroup will reduce the number of employees at two of its...
China’s power prices nosedive, providing relief to tariff-hit factories
[BEIJING] A crash in Chinese coal prices, and a flood of clean energy, are cutting power rates in major industrial hubs, easing pressure on some of the factories caught...
Gold edges higher as soft US data lifts safe-haven demand
Published Thu, Jun 5, 2025 · 09:24 AM[BENGALURU] Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market participants...
Starbucks reshuffles leadership to accelerate turnaround bid
[CHICAGO] Starbucks is reorganising part of its senior ranks, looking to speed up plans to reverse a sales slump.Mike Grams, hired last year as head of North America stores,...
Stocks to watch: ThaiBev, Far East Orchard
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 5).ThaiBev: The beer maker announced a US$2 billion multicurrency debt issuance programme...
Even after explosive run, European defence stocks may still have firepower left
[SINGAPORE] On Sunday (Jun 1), more than 100 Ukrainian drones, reportedly launched from deep in Russian territory, damaged or destroyed US$7 billion worth of Russian aircraft.That same day, Ukraine...
Oil settles 1% lower after US data shows large builds in fuel stocks
[HOUSTON] Oil prices settled down just over 1 per cent on Wednesday after US data showed surprisingly large build in petrol and diesel inventories, swelling fuel supplies with Opec+ planning...
Beyond polar bears: How nature-related financing can help companies be more resilient
[SINGAPORE] A cracked, parched earth. Bare trees and withered crops. Emaciated livestock. That is often the image one has when a drought occurs. An image that is often far...
Meta sued by Eminem’s publishing company over alleged copyright infringement
Eight Mile Style, a company that owns some of Eminem’s most popular songs, is suing social media giant Meta over alleged copyright infringement. The lawsuit, filed in a federal...
AMC Networks partners with AI startup Runway
AMC Networks, known for series such as “Breaking Bad” and “The Walking Dead,” is partnering with AI startup Runway to use AI tools for marketing and developing its TV...
