Indian garment exporters reel under US tariffs
Trump’s anger at the Asian country’s purchases of Russian oil has left New Delhi facing some of the world’s steepest levies [TIRUPPUR, India] When Donald Trump was elected, Indian garment…
Section
Fashion
SkillsFuture trainers to be banned from using third-party marketing from Dec 1
Training providers registered under SkillsFuture Singapore (SSG) will be prohibited from using third parties to promote, advertise or market their courses to learners from Dec 1, SSG said…
FairPrice Group to be first to use autonomous vehicles in public for supply chain operations
The group says it will now be able to automate “important but routine tasks” such as the transportation of goods FairPrice Group (FPG) on Wednesday (Oct 8) announced that it has received…
Data centre boom brings risks of overbuilding, Ares’ says
Many have pitched their investments as a more reliable way to play the AI boom while avoiding the risks of a gold rush into AI stocks, because it is hard to predict winners and losers The…
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle New Zealand’s central bank cut interest rates by 50 basis points and said that…
Tesla debuts ‘affordable’ Model Y and 3 that strike some as too expensive
Musk has been pivoting the company towards artificial intelligence, focusing on robotaxis and humanoid robots, but the new cars are key to hopes of near-term revenue growth Tesla rolled…
Keppel Reit to buy 75% stake in Sydney freehold mall for A$393.8 million
The purchase of its first pure-play retail asset marks its expansion into the retail sector Keppel Real Estate Investment Trust (Reit) has entered an agreement to acquire a 75 per cent…
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first pure-play retail purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered an agreement to acquire a 75 per cent interest in…
Shell petrol stations in Indonesia run dry on supply shortages
Shell’s retail petrol stations in Indonesia have run out of petrol as import restrictions imposed by the South-east Asian nation crimp supplies. Three varieties of petrol are currently not…
US air traffic control staffing hit for second day, delaying flights
Air traffic control staffing issues are delaying flights for a second straight day at numerous US airports as the government shutdown reaches its seventh day, the Federal Aviation…
Dell raises growth targets for next four years on strong AI server demand
The company continues to expect revenue growth of 2 to 3 per cent for its client solutions group, which includes personal computers Dell on Tuesday (Oct 7) nearly doubled its annual profit…
US: Wall Street retreats from record closing highs as economic worries mount
Bitcoin-related stocks have reversed on Monday’s gains as the cryptocurrency backed away from record highs US stocks closed lower on Tuesday (Oct 7) as investors, deprived of economic data…
Staten Island Teen Beheads Mom's Boyfriend and Tells Sister 'I Did Something Bad' When She Reached Home as His Mental Health Struggles Are Revealed
The younger sister of the teen accused of beheading his mother's boyfriend returned home from school on Monday to find her brother covered in blood. He then calmly told his sister, "I did…
Info-Tech Systems’ CFO to resign, shortly after SGX mainboard listing
Gan Lai Thong’s last day in the role will be Dec 31, 2025; no replacement announced yet The chief financial officer (CFO) of software provider Info-Tech Systems will leave his post, the…
US: Wall Street opens higher as Fed cues awaited
WALL Street’s main indexes opened higher on Tuesday (Oct 7), a day after the S&P 500 and the Nasdaq hit record closing highs, with focus now shifting to a slate of Federal Reserve speakers…
Yen, euro extend slide against US dollar as politics calls the shots
Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae Takaichi’s leadership victory in Japan, while the euro remained…
Vietnam Expected to Record Over $900 Billion in Trade Turnover by 2025
Vietnam's trade turnover is already exceeding expectations, and it is expected to reach a historic milestone of over $900 billion in 2025. Minister of Industry and Trade Nguyen Hong Dien…
Duty Free International returns to the black with RM2.6 million Q2 net profit
Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand Malaysian retail group Duty Free International reported on Tuesday (Oct 7) a net profit of RM2.6 million…
Airbus A320 ousts Boeing 737 as most-delivered jet in history
Europe’s Airbus broke a major commercial barrier on Tuesday (Oct 7) when its A320 family of planes overtook the Boeing 737 to become the most-delivered jetliner in history. Boeing’s…
Indonesia mulls moving up to 10 trillion rupiah per lender to regional banks to boost growth
The first two recipients could be Bank of Jakarta and East Java’s Bank Pembangunan Daerah Jawa Timur Indonesia is considering moving up to 10 trillion rupiah (S$780 million) per lender to…
HP bets on AI personal computers to drive revenue, eyes Asia for growth
At least one in four PCs sold by the US computer maker are AI-enabled and that could grow as customers upgrade The lockdowns stemming from the Covid-19 pandemic drove the revenues of many…
JPMorgan sees end of ‘private-for-longer’ mantra for startups
After years of facing requests from startups to help them stay private for longer, JPMorgan Chase’s clients are starting to sing a different tune. “A lot of these companies that said…
BHP sharpens Asia focus; bets on copper, potash over rare earths
Asia’s demand resilience underscores the mining giant’s commitment to the region BHP is doubling down on Asia as the centre of gravity for global commodity demand, while placing long-term…
Thai Cabinet approves 44 billion baht stimulus programme to boost growth
South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency Thailand’s Cabinet on Tuesday (Oct 7) approved a…