News
Shein and Reliance reportedly aim to sell India-made clothes abroad within a year
[ad_1] [MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months,...
Bank of England risks repeat of Brexit pessimism as growth signals diverge
[ad_1] [LONDON] Bank of England (BOE) rate-setters risk underestimating the strength of the UK economy by placing too much faith in downbeat business surveys over official growth data.Governor Andrew Bailey...
Nomura to shut branch in China as it scales back wealth business
[ad_1] The closure comes four years after Nomura announced the opening of the office in late 2021, when it was pushing to expand in areas that are home to rich...
MoneyHero expands into digital assets in partnership with OSL
[ad_1] This is to satisfy Hong Kong’s growing interest in digital assets and increasing demand for diversified financial solutions[SINGAPORE] MoneyHero Limited, a leading personal finance aggregation and comparison platform across...
Gold falls on strong US jobs data and improved trade outlook
[ad_1] [BENGALURU] Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal Reserve, while optimism over easing trade...
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
[ad_1] [SINGAPORE] CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional investors for its value-add lodging private fund, CapitaLand Ascott...
BYD unleashes an EV industry reckoning that alarms Beijing
[ad_1] [BEIJING] The price war engulfing China’s electric vehicle (EV) industry has sent share prices tumbling and prompted an unusual level of intervention from Beijing. The shakeout may just be...
Geely chairman says global auto industry faces ‘serious overcapacity’
[ad_1] Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall MotorPublished Mon, Jun 9, 2025 · 07:29 AM[SHANGHAI] Geely’s chairman and founder Li Shufu...
Nasdaq 100 sees mixed signals amid trade optimism and technical divergence
[ad_1] The Nasdaq 100 Index has seen a strong rally from April through early June 2025, buoyed by optimism surrounding US-China trade negotiations. This positive sentiment was reinforced by US...
Goldman CIO service suddenly catches on in Japan after 10 years
[ad_1] [TOKYO] It took more than a decade of trying, but Goldman Sachs last year landed the first client for its business of helping institutions manage their money in Japan.A...
