Fashion

UBS pays US$300 million to settle Credit Suisse mortgage case
[ad_1] Published Mon, Aug 4, 2025 · 02:55 PM[ZURICH] UBS Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related...
Vietnam’s VinFast in talks to boost local sourcing as first India plant opens
[ad_1] The plant is expected to have an annual production capacity of up to 150,000 vehiclesPublished Mon, Aug 4, 2025 · 02:02 PM[THOOTHUKUDI, India] Vietnamese electric vehicle maker VinFast is...
Nomura’s starting pay matched by Japanese rivals to retain staff
[ad_1] Medium-sized securities firms mostly generate revenue by having staff make sales directly to clients, rather than rely on online tradingPublished Mon, Aug 4, 2025 · 12:30 PM[TOKYO] Mid-sized brokerages...
BlueSG lays off staff ahead of operations pause to revamp app and fleet
[ad_1] [SINGAPORE] BlueSG on Monday (Aug 4) announced that it has laid off staff ahead of a pause in its car-sharing operations from Friday, while it prepares for a major...
HPL investors unfazed by founder Ong Beng Seng’s guilty plea; shares up 1.1% at midday
[ad_1] [SINGAPORE] Shares of Hotel Properties Ltd (HPL) had tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pleaded guilty in a...
mm2 Asia faces S$17.6 million in claims but says it can continue as a going concern
[ad_1] Eight counterparties have issued letters of demand against the company and Cathay Cineplexes[SINGAPORE] In a bourse filing on Monday (Aug 4), Cathay Cineplexes owner mm2 Asia said it has...
Melco eyes global casino expansion on new asset-light model
[ad_1] [HONG KONG] Melco Resorts & Entertainment is in talks to expand its brand beyond Macau, with plans to ramp up an asset-light strategy by teaming up with local partners...
UK’s FCA proposes £9 billion to £18 billion redress scheme for motor finance claims
[ad_1] [LONDON] Britain’s Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance compensation claims following last week’s Supreme Court ruling, estimating the cost at...
India hasn’t stopped Russian oil purchases after Trump rebuke
[ad_1] [NEW DELHI] India has not given the country’s oil refiners instructions to stop buying Russian oil, according to sources familiar, days after US President Donald Trump blasted New Delhi...
South Korea’s SK On aims to best rivals with next-generation batteries
[ad_1] [SEOUL] SK Innovation’s battery unit plans to accelerate development of cutting-edge technologies in partnership with US and European carmakers, its R&D chief said, aiming to win back market share...
Oil slips after Opec+ agrees to hike output in September
[ad_1] [SINGAPORE] Oil prices extended declines on Monday after Opec+ agreed to another large production hike in September, with concerns about a slowing economy in the US, the world’s biggest...
Who is Andrew Tulloch? High-Profile AI Researcher Reportedly Refuses Meta’s $1billion Recruitment Offer
[ad_1] Since Mark Zuckerberg decided to go aggressively behind AI advancements and decided to form a superintelligence team, his company Meta is in the news for poaching top AI talent...