Fashion

China’s Big Five banks post slimmer margins as economic challenges persist
[ad_1] [SHANGHAI/HONGKONG] China’s Big Five lenders reported narrower margins at the end of the first quarter on Tuesday (Apr 29), as profits fell for some on the slowing economy under...
Wilmar reports higher earnings for Q1 2025 on better performance from business segments, associates
[ad_1] [Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a bourse filing on Tuesday (Apr...
Will ComfortDelGro win the point-to-point 2.0 race against Grab?
[ad_1] [SINGAPORE] Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money.Studies have shown that people who choose to drive taxis...
Temasek’s Gabriel Lim to lead Seviora Holdings as CEO
[ad_1] [SINGAPORE] Temasek Holdings’ head of corporate strategy Gabriel Lim will exit his post to lead the Temasek-owned asset management group Seviora Holdings, the group announced in a statement on...
Google parent Alphabet kicks off sale of debut euro bonds
[ad_1] Published Tue, Apr 29, 2025 · 04:33 PM[CALIFORNIA] Google parent Alphabet is looking to raise at least 2.5 billion euros (S$3.72 billion) from a debut euro bond sale on...
Adidas holds back on profit upgrade due to tariff uncertainty
[ad_1] [LONDON] German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter results, saying the uncertainty around US import tariffs was...
China says willing to cooperate with US firms after Boeing spat
[ad_1] Among airlines that are willing recipients of the aircraft rejected by the country is Air IndiaPublished Tue, Apr 29, 2025 · 01:11 PM[HONG KONG] China is willing to support...
HSBC sounds Trump tariff alarm, taking shine off stellar Q1 profit and buyback plans
[ad_1] HSBC warned that loan demand and credit quality could suffer from the broader fallout of US President Donald Trump’s global trade war, signalling tougher times for trade-focused banks even...
Asia: Markets rise as traders gear up for earnings, key jobs data
[ad_1] [HONG KONG] Markets edged up on Tuesday after a largely positive day on Wall Street with investors eyeing a busy week of data and earnings releases that could provide...
Australian, New Zealand dollars make the most of US tariff tangle
[ad_1] [SYDNEY] The Australian and New Zealand dollars were making another attempt at topside resistance on Tuesday as conflicting comments over White House tariff policies undermined confidence in their US...
Indonesian bonds set for first foreign outflows in five months
[ad_1] [JAKARTA] Indonesia’s sovereign bond market is on course for its first monthly foreign outflows of the year as economic instability and a falling rupiah erode investor confidence. Foreign investors...
Frasers Centrepoint Trust posts 0.5% rise in H1 DPU to S$0.06054
[ad_1] [SINGAPORE] Frasers Centrepoint Trust (FCT) on Tuesday (Apr 29) posted a 0.5 per cent increase in distribution per unit (DPU) for the first half ended Mar 31 to S$0.06054,...