News
Hermes’ market value surpasses that of former suitor LVMH
[ad_1] [PARIS] Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the...
Gold hits record high on economic growth concerns
[ad_1] [BENGALURU] Gold prices raced to an all-time high on Wednesday (Apr 16), driven by a weaker US dollar, trade war tensions and concerns over global economic growth due to...
Apple to rejig sales division with departure of enterprise chief
[ad_1] [LOS ANGELES] Apple’s top executive overseeing enterprise sales and the western European market is planning to depart the company later this year, marking the latest exit of a long-tenured...
China Southern halts sale of Boeing jets on US new-plane freeze
[ad_1] The airline’s move illustrates a knock-on effect from the widening trade standoff, rippling out beyond deals for new products being taxed by the two governments to affect the secondary...
Europe: Shares advance as Trump hints at auto-related tariff relief; LVMH plunges
[ad_1] [BENGALURU] European shares rose on Tuesday (Apr 15) as investors weighed fast-changing US tariff plans, while shares of LVMH slumped after the luxury sector bellwether missed first-quarter sales estimates...
A stock that offers shelter from Trump’s mayhem
[ad_1] [SINGAPORE] With global trade under pressure from US President Donald Trump’s tariffs, there could be a significant slowdown in economic activity and big cuts to corporate earnings forecasts in...
Behind the landmark trial that could reshape Meta’s future with Instagram
[ad_1] Meta Chief Executive Mark Zuckerberg returned to Washington this week, testifying in a landmark trial that could force the world’s largest social network to break off Instagram and WhatsApp.The...
LHN proposes spin-off, mainboard-listing of co-living business Coliwoo
[ad_1] [SINGAPORE] LHN Group intends to bring its co-living business, Coliwoo Group, public on the Singapore Exchange.The real estate management services group, dual-listed on both the mainboards of SGX and...
China orders airlines to suspend Boeing jet deliveries amid trade war
[ad_1] [BENGALURU] China has ordered its airlines not to take any further deliveries of Boeing jets in response to the US decision to impose 145 per cent tariffs on Chinese...
US: Wall Street opens slightly higher as investors assess possible tariff exemptions
[ad_1] Published Tue, Apr 15, 2025 · 09:43 PMWALL Street’s main indices edged up at the open on Tuesday (Apr 15), as investors assessed the possibility of tariff relief for...
