China’s economy, hit by tariffs, slows to 4.8% annual growth in Q3
China’s economy expanded at the slowest annual pace in a year in July-September, growing 4.8%, weighed down by trade tensions with the United States and slack domestic demand. The…
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Growth
Wee Hur gears up for growth with bigger ambitions
Group’s chiefs consider its workers’ dormitory and construction businesses as key drivers of future growth Property developer Wee Hur is planning to launch another student housing strategy…
Sunspel Goes for Global Growth With Paris, Tokyo Openings and U.S. Bespoke Rollout
British heritage label Sunspel is accelerating its international retail footprint with a slate of strategic openings in Paris, which opened Thursday, and an upcoming flagship in Tokyo,…
Salesforce jumps as US$60 billion forecast eases revenue growth concerns
Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster revenue growth in the coming years, easing concerns…
Nestle to axe 16,000 jobs as new CEO targets sales growth
Nestle will cut 16,000 jobs, new chief executive officer Philipp Navratil said on Thursday (Oct 16), as the world’s largest packaged food company seeks to cut costs and win back investor…
Unlocking Amazon’s Power for Beauty Brand Growth
What brands do off Amazon is equally as important as what they do on Amazon — “even if you’re off Amazon, you’re on Amazon.” That was the word from Christopher Skinner, cofounder and chief…
Velasca Eyes Wholesale Expansion Amid Retail Growth, Product Diversification
MILAN — Italian brand Velasca continues to expand its retail and online business, but is also starting to explore the potential of wholesale distribution as its total look collections gain…
HSBC’s top boss bets US$14 billion on Hong Kong in push for growth
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his predecessors After spending the past year shedding thousands…
SGX to sharpen focus on ecosystem initiatives to sustain equity market growth
To maintain the momentum of the recent uplift in local equities, the Singapore Exchange (SGX) will focus on expanding its product offerings and advancing ecosystem-wide initiatives. This,…
Clear pathways to growth and prosperity in Asia amid global uncertainty: OCBC’s Tan Teck Long
The ‘golden era of globalisation’ now feels like a distant memory, says the bank’s deputy CEO While the world is facing a landscape marked by geopolitical tensions, trade barriers and…
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5% previously Thailand’s central bank left its key interest rate steady on Wednesday (Oct 8), surprising markets which…
Ikea buys US logistics tech firm Locus in online growth push
[LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish furniture retailer said would make its deliveries to…
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…
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…
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…
Thailand unveils 44-billion baht stimulus, targets growth above 2.2%
The Thai government will spend US$1.4 billion on a consumer subsidy programme and will roll out other stimulus measures to try to spark a sluggish economy and lift growth above 2.2 per…
AI adoption fuels growth of Singapore’s digital economy, growing to 18.6% of 2024 GDP
IMDA report says adoption rates of artificial intelligence in firms are up, bringing cost savings; workers say the tech has raised productivity and saved time Singapore’s digital economy…
Coface eyes growth in South-east Asia amid rising trade risks
The French trade credit insurer is betting on Asia as the global economy’s driving force In a world where global trade faces mounting headwinds, French trade credit insurer Coface is…
Vietnam central bank vows to push growth, limiting credit risks
The trade levies are putting upward pressure on inflation and adding pressure on the currency The State Bank of Vietnam plans to keep pursuing policies to spur growth while containing…
Asia’s public markets must maintain performance and growth to drive inflows, GIC, Danantara executives say
Improving corporate governance help markets perform and allow for exits, so private equity performance can follow Strong public markets in Asia can help bring investment flows to the…
DBS, UOB, OCBC lead dividend growth as Singapore companies pay out US$8.2 billion in H1
DBS was among the top 13 banking contributors to H1 dividend growth, says Capital Group The three local banks led dividend growth in Singapore for the first half of 2025, according to a…
Electronic Arts buyout talk highlights video game struggles as growth slows
Observers worry the move suggests EA executives are looking for an exit because of concerns about the future of the video-game industry News that a consortium of investors plans to take…
Why Mobile Gaming Has Seen Such Explosive Growth in a Decade
The numbers speak for themselves: 5 billion hours of gameplay in 12 months. That’s the going rate of business activity at Scopely, the mobile gaming giant behind such popular titles as…