Bank of Japan hikes interest rates to 30-year-high of 0.75%
THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30 years. The bank decided by a unanimous vote to raise…
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THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30 years. The bank decided by a unanimous vote to raise…
The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19) to levels unseen in three decades and signalled its readiness for further hikes, taking another landmark step in ending…
It offers a slightly more upbeat view on the economy than at its previous meeting in October The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19) to levels unseen in three…
Thai currency’s rise is fuelled by a soft US dollar, recent Fed easing and sharp acceleration in gold prices The baht’s rally has pushed it to hit records and outshine regional peers as…
DFI Retail Group’s beauty and health brand Mannings on Wednesday (Dec 17) announced the closure of all its stores across mainland China, citing “consumer behaviour” changes. The chain,…
Estimated net proceeds of S$15.3 million will be used to repay working capital loans owed to LHN Group and for general working capital purposes Coliwoo has entered into a…
The following companies saw new developments that may affect trading of their securities on Friday (Dec 19): Stoneweg Europe Stapled Trust (Sert): The managers of Sert on Friday said that…
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. Few gift ideas have stood the test of time quite like a…
The city-state’s rally has a ‘long way to go’, says the bank, which is also ‘overweight’ on Vietnamese equities Asean equities will be at an inflexion point in 2026, with a recovery in…
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next phase of change, says Vince in an exclusive interview Three years into its 10-year…
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines Nike is running out of time to prove its China playbook works. The US sportswear giant’s sixth…
TIKTOK chief executive officer Shou Chew told employees that the social media app’s parent company, ByteDance, signed binding agreements to create a US joint venture majority-owned by…
THE US Department of Energy said on Thursday it has signed agreements with 24 organisations, including tech giants such as Microsoft, Google and Nvidia, to advance the Genesis Mission. The…
FEDERAL Reserve Bank of Chicago President Austan Goolsbee said on Thursday fresh inflation data is “good” and if it can be sustained it should help open the door for more interest rate…
It lifted its 2026 revenue outlook, calling for 5 to 6 per cent year-over-year growth FEDEX posted higher second-quarter profit and revenue on Thursday and lifted the low end of its…
FedEx offered investors a sign that chief executive officer Raj Subramaniam’s turnaround plan may be worth the wait. The shipping heavyweight raised the low end of its profit outlook for…
Lululemon Athletica founder Chip Wilson has been agitating for change, and the outspoken critic now has activist investor Elliott Investment Management weighing in on a potential chief…
“You know we won this thing by 400,000 or 500,000 votes,” Trump told Ralston, making up numbers out of thin air. “Just like we did Alabama and every other state in the South. And, uh, we…
EUROPEAN shares made broad-based gains on Thursday, with lower-than-expected US inflation strengthening hopes for Federal Reserve interest rate cuts in 2026 and the European Central Bank…
The legal battle between former Bergdorf Goodman chief merchant Yumi Shin and Saks Global continues to rage on, with new twists and turns emerging over the past week. Court papers reveal…
Shares of Nike Inc. dipped over 4 percent in after-market trading on Thursday despite the company beating earnings estimates and seeing improvement in North America in the second quarter…
WALL Street’s main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal Reserve, while chipmaker Micron’s blowout forecast…
MILAN – Etro is entering a new phase with a new pool of investors. Confirming a WWD report on Tuesday, the Turkish Rams Global; Mathias Facchini, who helms Swinger International and is the…
Dylan Mulvaney backed winter’s metallic gold sandal trend in London on Thursday, centering her “Oh, Mary!” press performance look around Vince Camuto’s Saprenda heel in the Egyptian Gold…