News
Singapore, Hong Kong want a slice of the US$250 billion stablecoin pie
[ad_1] [SINGAPORE] Regional financial centres Singapore and Hong Kong are both aiming to capture a piece of the US$250 billion stablecoin market.On Aug 1, Hong Kong launched a regulatory regime...
Swiss banker bonus cap proposal watered down in parliament
[ad_1] [ZURICH] Swiss lawmakers have watered down a proposal that would have installed a fixed upper limit on compensation at the country’s biggest banks including UBS Group.In March, the upper...
Musk’s Starlink courts luxury airlines to grow in-flight Wi-Fi business
[ad_1] [WASHINGTON] For the past three years, Elon Musk has steadily elbowed his way into the booming market for in-flight Wi-Fi, with his Starlink service signing up blue-chip carriers from...
McDonald’s Japan scraps ‘One Piece’ promotion after Pokemon frenzy
[ad_1] Published Thu, Aug 21, 2025 · 01:37 PMMCDONALD’S Japan has cancelled a promotion based on the classic One Piece manga series, after a similar Pokemon-themed campaign sparked a frenzy...
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth
[ad_1] [CHENNAI] From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the world’s most populous nation as a key growth market for premium...
Estee Lauder cuts some prices despite the continued tariff toll
[ad_1] Published Thu, Aug 21, 2025 · 10:49 AM[NEW YORK] Estee Lauder is lowering prices on some items to boost sales, an unusual move at a time when many US...
Great Eastern resumes trading after year-long suspension; closes 10% lower than OCBC’s best offer
[ad_1] [SINGAPORE] Great Eastern Holdings (GEH) resumed trading on Thursday (Aug 21), after a proposed bonus share issue lifted its free float above 10 per cent. It was suspended from...
Capital World unit faces more than RM320,000 in claims; buyer seeks refund for unit purchased in 2021
[ad_1] The buyer says in a legal letter that Capital City Property failed to vacate the unit within 52 months of the sale-and-purchase agreement date [SINGAPORE] Property company Capital World...
Nexstar to buy Tegna for US$3.5 billion in bet on FCC reforms
[ad_1] [WASHINGTON] Nexstar Media Group agreed to buy TV station operator Tegna for US$3.5 billion in a deal that stands to dramatically expand Nexstar’s reach and test the Trump administration’s...
Gold hits near three-week low on stronger US dollar; Fed symposium in focus
[ad_1] Minutes of the US central bank’s July meeting are anticipated to offer further insights into the central bank’s policy stance Published Wed, Aug 20, 2025 · 09:41 AM[BENGALURU] Gold prices...
