News

Converse CEO promises staff his plan will work as sales tumble
[ad_1] As the company’s challenges deepen, questions have swirled about whether Nike will keep it in the fold Published Fri, May 8, 2026 · 10:16 AM[NEW YORK] After layoffs and...
Gold steady as US-Iran clashes dim truce prospects in Middle East
[ad_1] Higher rates and a stronger US currency are negative for bullion as it pays no interest and is priced in the greenbackPublished Fri, May 8, 2026 · 09:26 AM[SINGAPORE]...
Coinbase logs second straight quarterly loss as crypto trading momentum fades
[ad_1] Digital assets have lost their portfolio-hedge appeal, increasingly tracking broader financial markets and curbing cross-asset inflowsPublished Fri, May 8, 2026 · 09:11 AM[BENGALURU] Cryptocurrency exchange Coinbase Global on Thursday...
Global central banks boost their holdings of Malaysian sovereign bonds
[ad_1] The nation’s strong currency and stable economic growth have been a key allure for global investorsPublished Fri, May 8, 2026 · 08:37 AMFOREIGN central banks and governments have boosted...
Frasers Property H1 profit falls 37.8% to S$88.4 million on impairment loss
[ad_1] [SINGAPORE] Frasers Property posted a 37.8 per cent drop in net profit to S$88.4 million for its first half ended Mar 31, from S$142.2 million in the previous corresponding...
Airbnb boosts annual sales outlook while spending picks up
[ad_1] Published Fri, May 8, 2026 · 07:29 AM[NEW YORK] Airbnb boosted its annual forecast on robust bookings in the major markets in the Americas, while it posted a big...
Crew walks out on ‘CoComelon: The Melon Patch,’ citing labor conditions
[ad_1] The International Alliance of Theatrical Stage Employees is striking against “CoComelon: The Melon Patch” in protest over wages and working conditions.The union representing crew members working on the live-action...
European shares pull back as Middle East peace prospects assessed
[ad_1] Published Fri, May 8, 2026 · 05:32 AM[BENGALURU] European shares slipped on Thursday (May 7) after a steep rally in the previous session, as investors assessed progress towards a...
Responsible forward-looking disclosures
[ad_1] Investors expect not only financial information but also transparent insight into companies’ strategic direction, risk exposure and future prospectsFEW companies in Singapore produce forward-looking statements. Those that do are...
Oil falls below US$100 a barrel on Middle East peace hopes
[ad_1] Published Thu, May 7, 2026 · 10:17 PM[LONDON] Oil prices extended losses on Thursday, sliding around 4 per cent to take the Brent crude benchmark below US$100 a barrel...
Citigroup bets on CEO Fraser’s overhaul to aim for 11% to 13% profitability
[ad_1] Published Thu, May 7, 2026 · 08:54 PMCITIGROUP is targeting an adjusted return on tangible common equity of 11 per cent to 13 per cent for 2027 and 2028,...
6-storey office building planned near Changi Airport Terminal 3
[ad_1] [SINGAPORE] The operator of Changi Airport is looking to develop a new office building near Terminal 3.Changi Airport Group (CAG) in February received permission from the Urban Redevelopment Authority...