Culture
Uniqlo owner Fast Retailing posts record profit for fourth year
[ad_1] The apparel maker beats its own forecast, with operating profit jumping to 564.3 billion yen[TOKYO] Japan’s Fast Retailing, owner of global clothing brand Uniqlo, booked its fourth consecutive year...
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
[ad_1] The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75%[MANILA] The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point...
Porsche’s China sales slump 21% on muted luxury demand
[ad_1] The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track[BEIJING] Porsche’s sales in China fell 21 per cent...
JPMorgan CEO Dimon warns of US stock market correction risk: BBC
[ad_1] [LONDON] JPMorgan Chase CEO Jamie Dimon warned of a heightened risk of a significant correction in the US stock market within the next six months to two years, the...
TSMC posts forecast-beating Q3 revenue surge on AI boom
[ad_1] The company will report full third-quarter earnings on Oct 16, including an updated outlook for the current quarter and full year[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest...
Top Glove swings into the black with RM38.6 million Q4 net profit; returns to full-year profitability
[ad_1] It declares a final dividend of 0.48 sen per share and attributes the improved performance to stronger demand[SINGAPORE] Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net...
BHP-China iron ore standoff may drag into 2026 as talks stall
[ad_1] CMRG has been pushing to sign long-term contracts on behalf of the country’s main steel mills, according to the sources[LONDON/SINGAPORE] A price dispute between mining giant BHP Group and...
US approves some Nvidia UAE sales in step of Trump AI diplomacy
[ad_1] Artificial intelligence is among the top priorities for the Gulf nation, which is spending massively on infrastructure at home and overseas[HONG KONG] The US has approved several billion US...
Indian central bank steps up offshore FX defence to shield rupee
[ad_1] The local currency’s one-month volatility against the US dollar has fallen sharply this month[NEW YORK] India’s central bank has ramped up its interventions in offshore currency markets to defend...
Clear pathways to growth and prosperity in Asia amid global uncertainty: OCBC’s Tan Teck Long
[ad_1] The ‘golden era of globalisation’ now feels like a distant memory, says the bank’s deputy CEO [SINGAPORE] While the world is facing a landscape marked by geopolitical tensions, trade barriers...
