Business
EXCLUSIVE: LVMH Reunites Le Bon Marché and La Samaritaine Department Stores in New Division
PARIS — LVMH Moët Hennessy Louis Vuitton has created a new governance structure reuniting its two Paris department stores, Le Bon Marché…
Section
Business
Business
Vehicle production at Vauxhall in Luton comes to an end
Alex Pope BBC News, Bedfordshire Vehicle production at Vauxhall's Luton plant has come to an end after 120 years of the company being…
Business
US: Wall St opens lower after data fans inflation worries
Wall Street’s main indexes opened lower on Friday (Mar 28) as data showed underlying price pressures rose more than expected last month…
Business
PSA International FY2024 net profit falls 25% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
New DBS CEO Tan Su Shan aims for 15% to 17% return on equity
DBS should be able to hit its return on equity (ROE) target of 15 to 17 per cent through its growth strategy in the years ahead, said the…
Business
Boustead bags design-and-build contract for new pharmaceutical facility in Tuas
Boustead Singapore’s engineering and construction business unit, under its real estate solutions division Boustead Projects, has clinched…
Business
Singapore shares close lower despite earlier crossing 4,000-mark for the first time
Shares on the local bourse retreated on Friday (Mar 28), despite the benchmark Straits Times Index (STI) hitting an all-time high in early…
Business
WH Smith name to disappear from High Street after sale
Lucy Hooker BBC Business reporter The name WH Smith, a staple of UK town centres since the Victorian era when it became the country's…
Business
UOB denies 'baseless and defamatory' claims by ex-Yang Kee CEO
The bank also issues a warning to Ken Koh; says it will take ‘appropriate actions’ against him UOB has rejected allegations by Yang Kee…
Business
EXCLUSIVE: Jean-Christophe Babin Named CEO of LVMH Watches
PARIS — Longtime Bulgari chief executive officer Jean-Christophe Babin is adding another feather to his cap. The Roman jeweler’s parent…
Business
Disney Japan Taps McDonald’s Veteran Tamotsu Hiiro as New Managing Director
The Mouse House has a new captain steering its ship in Japan. The Walt Disney Company revealed Friday the appointment of Tamotsu Hiiro as…
Business
Deutsche Bank extends CEO's mandate and revamps board in crucial year
Deutsche Bank has extended CEO Christian Sewing’s contract, while its deputy and another top executive will depart as part of a management…
Business
King Charles experiences temporary side effects of cancer treatment
King Charles III spent a short period of time in hospital on Thursday after experiencing temporary side effects during cancer treatment,…
Business
SingPost up 7.7% after divestment of Australian logistics business
Shares of Singapore Post (SingPost) surged on Friday (Mar 28) morning, a day after the company announced the completion of the sale of its…
Business
Tiffany & Co.’s Latest High Jewelry Campaign Zeros In on Craft and Legacy
Tiffany & Co. has unveiled its latest high jewelry campaign, featuring the brand’s iconic Bird on a Rock brooch, alongside one-of-a-kind…
Business
Toyota’s global output rises for second month in February on solid Japan sales
Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger…
Business
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of…
Business
Growing Singapore border demand boosts Malaysian bus firm IPO
Malaysian bus operator HI Mobility Bhd. is betting on increased traffic at the Singapore border to drive growth as the company readies to…
Business
Growing Singapore border demand boosts Malaysian bus firm’s IPO
Malaysian bus operator HI Mobility is betting on increased traffic at the Singapore border to drive growth as the company started trading…
Business
Singapore’s STI crosses the 4,000 mark for the first time
The Straits Times Index (STI) broke through to a new record on Friday (Mar 28) as it crossed the 4,000 mark for the first time in early…
Business
Sinarmas Land soars 23.6% on privatisation offer
The offer is a 12.7% premium over the company’s last traded price of S$0.275 on Mar 24 Shares of Sinarmas Land surged on Friday (Mar 28)…
Business
Nippon, US Steel offer increased investment to Trump officials to close deal, Semafor reports
NIPPON Steel and US Steel are in active talks about a deal that would preserve their US$14 billion merger and secure billions more in…
Business
Stocks to watch: Sembcorp, Nio, Keppel Infrastructure Trust, Sinarmas Land, SingPost
The following companies saw new developments that may affect trading of its securities on Friday (Mar 28). Sembcorp Industries: Its wholly…