Business
VietJet to hire more than 5,000 new Thai staff for expansion
VietJet Aviation plans to employ more than 5,000 new staff in Thailand as Vietnam’s biggest budget carrier accelerates flight and route…
Section
Business
Business
Soko Glam to Launch K-beauty Shops-in-shop at Space NK
Fresh off its acquisition by Ulta Beauty last month, U.K.-based beauty retailer Space NK is welcoming another retailer crossover. The…
Business
PR Agency Studio Beauty Acquires Wellness Firm Powers PR, Expands With Wellness Division
Studio Beauty, founded by Bex Meredith and Cindy Krupp, has acquired Powers PR for an undisclosed amount. Through the acquisition, Powers…
Business
UOB resumes guidance for FY2025 with trimmed forecasts amid Q2 earnings miss
UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now…
Business
Sony lifts outlook on entertainment demand despite tariff threat
The company’s image sensors business faces weak handset demand as well as seismic shifts in the supply chain Sony Group raised its…
Business
Asia: Markets rise as Trump chip exemptions boost tech giants
Asian equities rose on Thursday, with big-name chip firms making big gains after Donald Trump said those investing in the United States…
Business
SingPost sells 10 HDB shophouses to Union Gas chairman for S$55.5 million
Singapore Post (SingPost) has sold 10 Housing & Development Board (HDB) shophouses for S$55.5 million, after putting them up for sale and…
Business
Sony Pictures Operating Income Jumps 76% in Q1 as Television Output Bolsters Results
Sony Pictures delivered a standout performance in the first quarter of fiscal 2025, with operating income climbing 76% year-on-year to…
Business
BlackRock’s GIP said to hire for South-east Asia infrastructure
The challenge around such ventures is creating a risk-reward structure that attracts enough private capital Global Infrastructure Partners…
Business
Lyft shares slide on weak sales, disappointing ride totals
Lyft shares slid in late on Wednesday (Aug 6) trading after the ride-hailing company reported revenue that fell short of Wall Street’s…
Business
Manulife buys Comvest to build US$18.4 billion private credit unit
Manulife Financial agreed to buy a majority stake in Comvest Credit Partners, creating a US$18.4 billion private credit platform as the…
Business
UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported
Shares of UOB fell by more than 2 per cent on Thursday (Aug 7) in early trade, on the back of the local bank’s second-quarter results. It…
Business
Gold inches higher as US dollar weakens on Fed rate cut hopes
Gold prices edged higher on Thursday (Aug 7), helped by a weaker US dollar on growing expectations of a Federal Reserve rate cut next…
Business
DBS shares reach S$50 mark, an all-time high, after unveiling higher Q2 profit
DBS shares set a record on Thursday (Aug 7) and hit the S$50 mark for the first time, after the lender posted marginally higher Q2…
Business
CSE Global Q2 new orders rise 3.8% to S$211.3 million
Systems integrator CSE Global has secured S$211.3 million worth of new orders for its second quarter ended June, a 3.8 per cent rise from…
Business
Private credit fuels a ‘buy now, pay later’ lending boom in Asia
Maria Hazel Regalado, a 48-year-old mother of four in the Philippines, needed a computer last year so she could work from home. Regalado,…
Business
Inner London to lose out in funding rebalance, says IFS report
Councils in inner London are set to become the biggest losers under a government plan to update council funding rules, a think tank says.…
Business
Kemi Badenoch reveals how she told on exam cheat as teenager
Brian Wheeler Political reporter Watch: Kemi Badenoch says she "didn't get praised" for accusing fellow pupil of cheating Conservative…
Business
SoftBank’s AI investment spree to be in focus on at Q1 earnings
When Japan’s SoftBank Group reports earnings on Thursday, its mammoth investments in artificial intelligence companies are set to take the…
Business
Saudis raise crude prices to Asia after Opec+ adds barrels
Saudi Arabia raised crude prices for a second consecutive month, signalling confidence in demand for its barrels as Organization of the…
Business
More teens to get their choice of uni even if they miss their grades, says Ucas
A record number of 18-year-olds are likely to get into their first choice of university this year, the head of the Universities and…
Business
UOB Q2 profit falls 6% to S$1.34 billion; misses expectations
Declares interim dividend of S$0.85 per share; a second tranche of the lender’s S$0.50 per share special dividend will also be paid out…
Business
Number of empty homes on the rise across England
Nathan Heath BBC West Investigations Across England, the number of empty homes has been steadily rising, with councils "increasingly…
Business
Michael Kors Returns to ‘Project Runway’ as a Guest Judge, Plus Talking About the Steep Decline in Luxury Sales and Marc Jacobs Up for Sale for $1 Billion
In the latest “Savage Fashion” podcast episode, WWD’s chief content officer Jim Fallon and fashion director Alex Badia sat down with…