Fashion

Independent financial adviser deems Amara’s takeover offer at S$0.895 a share ‘fair and reasonable’
[ad_1] [SINGAPORE] The independent financial adviser (IFA) appointed for the takeover bid for hotel group Amara has deemed the offer at S$0.895 a share to be “fair and reasonable”. It...
US: Wall St opens higher after long weekend on Trump’s trade reprieve
[ad_1] Published Tue, May 27, 2025 · 09:51 PM[NEW YORK] Wall Street opened higher on Tuesday (May 27) after US President Donald Trump dialled back his threat of tariffs on...
Nippon Steel could offer Washington golden share to seal US Steel deal, Nikkei reports
[ad_1] Deliberations over the idea, which would give Washington the power to veto important management mattersPublished Tue, May 27, 2025 · 08:03 PM[TOKYO] Nippon Steel is considering offering a so-called...
Xiaomi reports 47% revenue growth in Q1 as it launches new electric SUV
[ad_1] [BEIJING] China’s Xiaomi reported a 47.4 per cent annual jump in first-quarter revenue on Tuesday (May 27) as the company doubled down on making electric vehicles.Revenue for the quarter...
Swiss watch exports jump in April ahead of threatened US tariffs
[ad_1] Asian markets displayed further weakness, with exports to Singapore falling 9%, China off 30% and Hong Kong down 23%Published Tue, May 27, 2025 · 05:47 PM[ZURICH] Swiss watch exports...
Maybank downgrades Malaysia’s Tan Chong Motor to ‘sell’ amid widening losses, competition
[ad_1] [SINGAPORE] Maybank Investment Bank has downgraded Malaysia’s Tan Chong Motor (TCM) to “sell”, from “hold” previously, amid widening losses, weak product appeal and intensifying competition.Despite the downgrade, Maybank maintained...
Perennial to invest one billion yuan to open two healthcare institutions in Guangzhou
[ad_1] [SINGAPORE] Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with Guangzhou Metro Group to establish a tertiary...
Asian ports reported to be congested; average waiting time in Singapore is up to 1.5 days
[ad_1] [SINGAPORE] Port congestion has been reported at Asian ports, with Singapore being one of those affected: The waiting time for a berth at the world’s top transhipment hub is...
Port congestion at Asian ports reported; Singapore’s average waiting time up to 1.5 days
[ad_1] [SINGAPORE] Port congestion has been reported at Asian ports, with Singapore being one of those impacted – the berth waiting time at the world’s top transhipment hub is said...
HSBC cuts dozens of analyst jobs in investment banking overhaul
[ad_1] [SINGAPORE] HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to sources familiar...
Japan to consider trimming super-long bond issuance: sources
[ad_1] The MOF will make a decision after holding discussions with market participants around mid- to late-June, the sources saysPublished Tue, May 27, 2025 · 01:37 PM[TOKYO] Japan will consider...
BYD shares extend losses as price cuts throw spotlight on sales
[ad_1] [HONG KONG] BYD shares extended losses in Hong Kong trading on Tuesday (May 27) – taking their two-day slide to more than 10 per cent – as last week’s...