Fashion
Oil tanker rates spike as US push into Venezuela redraws flows
[ad_1] The global oil industry is working through the consequences of Washington’s move earlier this month[HONG KONG] The shipping market is being shaken up by Washington’s intervention in Venezuela, as...
Japan’s Nikkei falls back from record as yen rallies, tech shares retreat
[ad_1] [TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam.The...
Lucid set to start manufacturing cars in Saudi Arabia in 2026
[ad_1] The company has also struggled more broadly with profitability and production challenges[RIYADH] Lucid Group is on track with plans to start producing cars in Saudi Arabia as it looks...
HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab
[ad_1] The city’s IPO market has seen a flurry of high-profile listings already this year[HONG KONG] Hong Kong-based fintech firm WeLab has secured US$220 million from investors including HSBC Holdings...
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
[ad_1] [BENGALURU] Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer tone from US President Donald Trump on...
Iran temporarily closes airspace to most flights, forcing airlines to reroute
[ad_1] [WASHINGTON] Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid concerns about possible military action between the...
KKR Asia credit fund draws 75% new investors as decoupling rises
[ad_1] The optimism around Asian private credit runs counter to a broader global pullbackKKR raised three-quarters of its US$2.5 billion Asia private credit fund from new investors, as deepening economic...
UOB prices S$850 million perpetual securities at 3%
[ad_1] [SINGAPORE] UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the bank announced on Wednesday (Jan...
Fed survey suggests slight upgrade to US economy
[ad_1] Financial markets expect the Fed to leave interest rates unchanged at its January meetingECONOMIC activity increased in most parts of the US and employment was mostly unchanged in recent...
TSMC likely to post fourth-quarter profit leap driven by AI boom
[ad_1] [TAIPEI] TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter net profit to a record high on...
