Fashion
Forget China, Chanel exec warns of luxury fatigue risk
A SLOWDOWN in the key Chinese market is currently lashing the financial performance of luxury houses but a Chanel executive warned on Monday (Oct 28) it faces an even...
Yen tumbles after Japan election; US dollar set for biggest monthly rise since 2022
THE yen hit three-month lows on Monday (Oct 28) as investors figured the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections would slow interest rate...
Nanofilm Q3 revenue rises 10% to S$60 million on consumer business segment contributions
NANOFILM Technologies posted a 10 per cent rise in revenue to S$60 million for its third quarter ended Sep 30, 2024, from S$55 million in the same period a...
European banks to extend dealing with Indian clearing houses
This comes after a dispute between Indian and European regulators, which risks disrupting billions of rupees of trading if unresolvedMARKET regulators in France and Germany asked their banks to...
Sinopec profits slump as oil refining suffers from weak economy
SINOPEC’s third-quarter profits contracted as China’s biggest oil refiner increasingly finds itself under pressure from the nation’s economic woes and embrace of electrified transportation.
China Petroleum & Chemical Corp,...
Nippon Paint to buy coatings, resins maker AOC for US$2.3 billion
Japan’s Nippon Paint has been expanding via several acquisitions in recent yearsNippon Paint Holdings announced plans to purchase global chemicals formulator AOC for US$2.3 billion. The Japanese firm will acquire...
Top SGX-listcos beat 2025 target for women directors; smaller ones still lagging
The Council for Board Diversity says its interim numbers show that women’s participation on the boards of these companies has trebled to 25.3%, from 7.5 per cent in 2013THE...
Lulu Retail seeks to raise up to 5.27 billion dirhams in UAE’s biggest IPO this year
LULU Retail Holdings, which runs one of the Middle East’s biggest hypermarket chains, said on Monday (Oct 28) it aims to raise up to 5.27 billion dirhams (S$1.9 billion)...
Philips cuts annual sales outlook on weak demand from China
Royal Philips slashed its sales-growth forecast for the year as tepid demand from China weighs on the Dutch medical technology firm’s orders.Philips expects comparable sales to grow as much...
Malaysia looking to work with data centre players to build regulatory frameworks
Malaysia minister says it is time for data centre players to form a trade associationMALAYSIA’S government is looking to work with data centre players to build regulatory frameworks as...
