Fashion
NTT Docomo to buy SBI’s net bank for 420 billion yen in cutthroat market
The move is part of a capital alliance between the state-backed telecom group and SBI HoldingsPublished Thu, May 29, 2025 · 05:35 PM[TOKYO] NTT Docomo is buying SBI Holdings’...
Nikkei ends at two-week high on US tariff relief, chip rally
Published Thu, May 29, 2025 · 03:17 PM[TOKYO] Japan’s Nikkei ended trade on Thursday (May 29) at the highest point in more than two weeks after a US court...
Toyota sales hit second monthly record on US demand, tariff rush
Japanese carmakers are heavily reliant on the US auto market and could suffer as much as a US$19 billion impact from the leviesPublished Thu, May 29, 2025 · 02:11...
Aramco CEO will keep borrowing even as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Asia: Equities boosted by US court’s tariff ruling, Nvidia results
[HONG KONG] Asian stocks rallied with US futures on Thursday after a US court blocked Donald Trump’s sweeping global tariff blitz, dealing a hefty blow to the president’s signature...
Top Thai wind power firm to fund 65 billion baht of spending with IPO
[BANGKOK] Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the next 12 years, and will go public...
South Korea central bank cuts rate, slashes 2025 growth forecast
Published Thu, May 29, 2025 · 10:17 AM[SEOUL] South Korea’s central bank cut interest rates on Thursday in a bid to cushion the export-dependent economy from US President Donald...
Seatrium posts S$21.3 billion Q1 net orderbook
Projects relating to renewables and green or cleaner solutions have a contract value of S$7.1 billion[SINGAPORE] Seatrium recorded net orderbook wins amounting to S$21.3 billion as at March, comprising...
Salesforce says AI has reduced hiring of engineers and customer service workers
Tech companies are relying on artificial intelligence to help with everything from customer service to software engineeringPublished Thu, May 29, 2025 · 09:04 AM[NEW YORK] Salesforce said the use...
Hong Kong bankers on edge over US$11 billion New World refinancing
[HONG KONG] Hong Kong bankers have become fixated on an US$11 billion loan deal with unusually high stakes for the financial hub.New World Development (NWD), an embattled property developer...
