Fashion
US dollar benefits from selling exhaustion, ECB cuts rates
[ad_1] [NEW YORK] THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while the euro weakened slightly after...
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
[ad_1] [SINGAPORE] Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the ill-gotten gains from...
AmEx profit rises on resilient card spending
[ad_1] Provisions for credit losses were US$1.2 billion in the quarter, compared with US$1.3 billion a year earlierPublished Thu, Apr 17, 2025 · 09:11 PM[NEW YORK] American Express reported a...
ECB cuts rates again to help economy weather erratic US trade policy
[ad_1] [FRANKFURT] The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling eurozone economy...
‘Fallacy’ to say OCBC does not know insurance business: board chairman
[ad_1] [SINGAPORE] It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with...
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
[ad_1] The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9%[SINGAPORE] The Straits Times Index (STI) continued to rally on Thursday (Apr 17), tracking regional...
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
[ad_1] [PARIS] France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it posted first-quarter sales...
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
[ad_1] The Mumbai-based lender will issue 1.25 billion preference shares to the investorsPublished Thu, Apr 17, 2025 · 01:12 PM[MUMBAI] IDFC First Bank has approved a plan to raise 75...
Temu, Shein see US sales surge ahead of small parcel tariff
[ad_1] [NEW YORK] Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products such as makeup brushes and home appliances before...
‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status
[ad_1] [SINGAPORE] Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional hub for meetings, incentives, conventions and exhibitions (Mice) and...
Bank of Korea holds rate steady after inflation speeds up and won wobbles
[ad_1] [SEOUL] The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and the won weakened to a 16-year low,...
Frasers Property Industrial enters JV to invest in A$600 million Aussie industrial portfolio
[ad_1] [SINGAPORE] Frasers Property Industrial has entered into a capital partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing for industrial assets in Australia. The 50:50 joint...