Fashion
Gold firms on concerns over Trump’s reciprocal tariff plans
Markets will be scanning the US personal consumption expenditures data due on Friday, which could shed more light on the US interest rate path[BENGALURU] Gold gained on Thursday (Mar...
Japan putting ‘all options on table’ in dealing with US auto tariffs, PM Ishiba says
[TOKYO] Japanese Prime Minister Shigeru Ishiba said on Thursday Tokyo will put “all options on the table” in dealing with Washington’s announcement to impose a 25 per cent tariff...
Lendlease shuts down Cathay Cineplexes at Jem over S$4.3 million rent arrears
[SINGAPORE] Struggling cinema chain Cathay Cineplexes will wind down business operations at its Jem outlet in Jurong East on Thursday (Mar 27). This follows the closure of its West Mall...
Indonesia to use one million African weevils to spur palm output
[JAKARTA] Indonesia is betting on tiny bugs from Africa to help boost its palm oil production, as the broader sector grapples with tightening supply that threatens to keep prices...
Citigroup hiring dealmakers in Japan with fee pool seen reviving
[TOKYO] Citigroup is expanding its investment banking team in Japan as the Wall Street firm bets that the country’s deal fee pool will finally rebound after a two-decade slump.Japan...
GameStop to borrow US$1.3 billion to fund Bitcoin buying spree
[NEW YORK] GameStop is seeking to sell US$1.3 billion of convertible bonds with no coupon payment to fund Bitcoin purchases as it embraces a strategy that was developed by...
Alibaba debuts AI model that can process video, audio on phones
The internet company co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade[HONG KONG] Alibaba Group Holding...
Oil settles up 1% on US crude and fuel stock draw, Venezuela supply worries
[HOUSTON] Oil prices rose on Wednesday, buoyed by government data showing US crude oil and fuel inventories fell last week and by mounting concerns about tighter global supply following the US threat of...
X ad sales expected to grow for first time since Musk deal
[SAN FRANCISCO] Elon Musk’s X is on pace for its first year of advertising revenue growth since the billionaire acquired the company in 2022, according to research firm Emarketer...
As Malaysia’s Sapura Energy tumbles, Petronas’ silence is telling
The country’s national oil giant had propelled Sapura Energy into the big league but is now watching on the sidelines as the once-sector darling falters[SINGAPORE] In an industry where...
