News
China venture capital funds tap global investors for US$2 billion in comeback
[BEIJING] China’s largest venture capital houses are tapping the market for at least US$2 billion in new funds, re-engaging with the country’s startups in a signal of renewed global...
Cinemas weigh launching new large screen brand to challenge Imax
[LOS ANGELES] Some of the largest US theatre chains, including Cinemark, Regal and Marcus, have held preliminary talks about jointly marketing their big-screen theatres to blunt the growing influence...
Japan’s SMEs ready to adapt to Trump tariffs
[TOKYO] Small and medium-sized (SME) firms such as Mitsuwa Electric that form the backbone of Japan’s economy have weathered many storms over the decades, and company president Yuji Miyazaki...
Ultra-rare metal rides AI boom as commodities star performer
[SINGAPORE] Thanks to the boom in artificial intelligence (AI), an ultra-rare element you have probably never heard of is one of this year’s best-performing raw materials.Ruthenium, a silvery grey...
BHP delays Jansen potash project as costs surge; logs record copper output
[BENGALURU] BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the miner...
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
[NEW YORK] Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest rates at the end of...
Food Empire partners AirAsia to launch ready-to-drink beverages
The tie-up kicks off with a Vietnamese iced-coffee product to be sold on board the airline’s flights[SINGAPORE] Mainboard-listed Food Empire will partner low-cost airline AirAsia to co-develop and launch...
Food Empire, AirAsia partner to launch ready-to-drink beverages
It will kick-off with a Vietnamese iced coffee product that will be sold on flights of the airline[SINGAPORE] Food Empire will collaborate with low-cost airline AirAsia to co-develop and...
Bain seeks next airline after tripling money on Virgin Australia
[SYDNEY] Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia Holdings.The US buyout firm sold a 30 per cent...
Lululemon’s best-selling black leggings pile up at outlet stores
[NEW YORK] Lululemon Athletica is facing slowing sales, fewer store visitors and waning demand for its iconic black leggings as the yogawear retailer tries to pull itself out of...
