Fashion

Catalist-listed Ever Glory United proposes transfer to SGX mainboard
[ad_1] This is in line with its long-term strategy, says the engineering services provider [SINGAPORE] Engineering services provider Ever Glory United Holdings is looking to transfer its listing to the...
Centurion Corp acquires London site for S$71 million to develop student housing
[ad_1] Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio[SINGAPORE] Mainboard-listed Centurion Corp has acquired a land site in central London for £41 million (S$71 million)...
Citi revenue beats in every division as compensation costs climb
[ad_1] [NEW YORK] Citigroup beat Wall Street revenue estimates across all five of its major business lines, a haul that’s helping the firm manage rising compensation costs and a plan...
GM takes US$1.6 billion charge as it reassesses EV plans
[ad_1] [WASHINGTON] General Motors said on Tuesday (Oct 14) it will take US$1.6 billion in third-quarter charges as it realigns electric-vehicle plans following the expiration of a key federal support,...
Goldman’s profit beats estimates as dealmaking rebound boosts investment banking
[ad_1] [NEW YORK] Goldman Sachs beat Wall Street expectations for third-quarter profit on Tuesday (Oct 14), as its investment bankers earned higher advisory fees and rallying markets boosted revenue from...
California cracks down on water theft but spares data centers from disclosing how much they use
[ad_1] Gov. Gavin Newsom has vetoed legislation that would have required data centers to report how much water they use.New data centers have been rapidly proliferating in California and other...
China bans Nexperia exports after Dutch government takeover sparks retaliation
[ad_1] Beijing’s retaliation shows rising China-Europe tensions ahead of high-stakes trade talks with the US[BEIJING] Nexperia says it has been banned from exporting products it makes in China as Beijing...
China making it harder to get rare earth magnet export licences
[ad_1] [BEIJING] Chinese rare earth magnet companies have been facing tighter scrutiny on export licence applications since September, sources say, even before Beijing’s move last week to expand controls over...
Huawei’s EV partner Seres said to gauge interest for US$2 billion Hong Kong listing: sources
[ad_1] [HONG KONG] Chinese electric-vehicle maker Seres Group has started gauging investor interest for a Hong Kong listing that may raise US$1.5 billion to US$2 billion, according to people familiar...
Ericsson beats quarterly core profit estimates, shrugs off tariffs
[ad_1] [STOCKHOLM] Swedish telecoms equipment maker Ericsson reported a better-than-expected rise in quarterly earnings on Tuesday (Oct 14) and played down the impact of US tariffs.Adjusted earnings before interest and...
China threatens more retaliation after sanctioning US entities of one of South Korea’s biggest shipbuilders
[ad_1] The moves are a marked escalation in a long-standing dispute between the world’s two largest economies over maritime dominance[HONG KONG] China has threatened further retaliatory measures against US curbs...
ASL Marine jumps 2.3% after share placement; Yangzijiang Shipbuilding falls 4.3% over port fees spat
[ad_1] [SINGAPORE] Shares of ASL Marine surged as much as 9.3 per cent on Tuesday (Oct 14), while those of Yangzijiang Shipbuilding tumbled 4.3 per cent as investors took contrasting...