Business
Unilever to Intensify Focus on Beauty, Wellbeing, Personal Care and Strong U.S., India Markets
LONDON – Going forward, Unilever will prioritize beauty, wellbeing and personal care products, said new chief executive Fernando Fernandez…
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South-east Asia’s key currencies set to strengthen in H2 2025 despite rate cuts
Investors are expected to favour major South-east Asian currencies, with economists projecting continued gains against the US dollar…
Business
Pelita Air to start flying between Jakarta, Singapore from Aug 18
The Jakarta-Singapore route is the eighth-busiest international route in the world in 2024 Indonesian carrier Pelita Air will be…
Business
Russian strikes kill six and hit apartment block, Ukrainian officials say
Watch: Explosions seen in Kyiv during Russian attack At least six people were killed and more than 50 others were wounded in a barrage of…
Business
Rolls-Royce raises profit and cash flow outlook after strong H1
British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it…
Business
Singapore gold investment soars 37% to 2.2 tonnes in Q2 while jewellery demand wanes
Investment appetite for gold remains strong in Singapore, with 2.2 tonnes of gold bars and coins purchased in the second quarter of 2025,…
Business
‘Recession Glam’ Seen as Top Trend for Asia’s Beauty Market in 2025
A recent report from Euromonitor International has identified “recession glam” as one of the latest trends that will reshape Asia‘s beauty…
Business
Canadian Open: Britain's Emma Raducanu beats Peyton Stearns in straight sets
World number 33 Raducanu proved too strong for 32nd seed Stearns and has now won all three meetings against her. An early break put her in…
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China’s cyberspace regulator questions Nvidia over AI chip privacy risks
China’s cyberspace regulator said that it has asked US semiconductor maker Nvidia to explain whether its H20 artificial intelligence (AI)…
Business
China flags concerns over potential security risks in Nvidia’s H20 chips
China raised concerns over potential security risks in Nvidia’s H20 artificial intelligence chip, casting uncertainty over the US…
Business
Not spending is trending
In 2025, if you’re still relying on spreadsheets and sheer willpower to manage your budget—what are you doing? Tightening the purse…
Business
Singapore, Asia equities with high yields, growth potential focus of JPMAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
SocGen lifts targets after French retail rebounds sharply
Societe Generale (SocGen), France’s third-largest listed bank, raised its annual profit target on Thursday (Jul 31) after a strong rebound…
Business
Lufthansa reports higher-than-expected Q2 earnings
Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed…
Business
StanChart sets US$1.3 billion buyback as H1 profit outstrips forecasts
Standard Chartered reported on Thursday (Jul 31) a higher-than-expected 26 per cent jump in first-half pre-tax profit, as a strong…
Business
Family office for Hong Kong’s richest builds out hedge fund team
A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after…
Business
‘The overall vibe was total chaos’: Tesla Diner goes viral for long waits and mixed reviews
In case you’ve been living under a rock and haven’t heard, the Tesla Diner opened its doors in Hollywood last week, and online reviews…
Business
Bank of Japan offers cautiously upbeat view, keeps rates steady
The Bank of Japan kept interest rates steady on Thursday and offered a cautiously optimistic view on the economic outlook, after Tokyo’s…
Business
Bank of Japan turns less gloomy on economy, keeps rate-hike chance alive
The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than…
Business
Newspaper headlines: 'Prince of Sadness' and 'Air we go again'
The final public farewell for Ozzy Osbourne and air traffic chaos across the UK dominate Thursday's papers. Source link
Business
Asia: Most markets down as Fed holds and Trump announces fresh tariffs
Asian markets mostly fell on Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong…
Business
Richest Thai sees US$10 billion hydro, LNG projects driving growth
Construction on a US$1 billion LNG import terminal project, Thailand’s third, will start later this year before commercial operations are…
Business
OpenAI hits US$12 billion in annualised revenue, The Information reports
GPT-MAKER OpenAI roughly doubled its revenue in the first seven months of the year, reaching US$12 billion in annualised revenue, The…
Business
Airlines demand answers after Air Traffic Control failure
Airlines have demanded answers from the air traffic control (ATC) provider NATS after a system outage grounded flights across the UK.…