Business
Lenovo’s profit beats estimates with PC growth and AI demand
US President Donald Trump has announced tariffs on imports from some trading partners and declared plans for a 100% levy on chips, raising…
Tag
Growth
Business
Brooks Sees Double-Digit Global Revenue Growth for Second Consecutive Quarter
Brooks Running is breaking records — again. Brooks set another all-time quarterly high in revenue for the second consecutive quarter, this…
Business
CSE Global H1 earnings up 8.5% to S$16.3 million, boosted by growth of communications business
Technology solutions provider CSE Global reported a profit of S$16.3 million for the first half of FY2025, up 8.5 per cent from the…
Business
Thailand’s central bank cuts rates to lowest in two years to support growth
Thailand’s central bank lowered its policy rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months, to support a…
Business
Electric vehicle sales growth eases to 21% in July: research firm
GLOBAL electric vehicle sales grew 21 per cent year-on-year in July, the slowest rate since January and down from 25 per cent in June, as…
Business
Singapore shares slip despite upgraded 2025 growth outlook; STI down 0.3%
Stocks on the local bourse ended lower on Tuesday (Aug 12) for the third consecutive session. The decline occurred despite gains in most…
Business
Goldman favours Asian high-grade debt again as growth risks rise
Asia investment-grade credit spreads widened by nearly six basis points on Aug 1, the most in four months, after the weaker-than-expected…
Business
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Business
‘It’s an expanding pie’: Salesforce sees Asia-Pacific as top growth region
Salesforce expects Asia-Pacific to remain its fastest-growing region by revenue in the coming years, as the software giant deepens its…
Business
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
Fashion
Footwear Sales Dip in First Half of 2025, But Sneakers Continue to ‘Drive Growth’
Sneakers continued to dominate in the first half of 2025 despite an overall slowdown of footwear sales in the period. According to new…
News
Ikea bets on online growth in China with JD.com launch
Swedish budget furniture retailer Ikea opened a digital store on Chinese ecommerce platform JD.com on Friday (Aug 8), as it expands its…
Business
China July car sales growth slows on weak hybrid demand, price war curbs
China’s car sales growth slowed in July partly due to weaker demand for hybrids, as regulators in the world’s biggest auto market crack…
Business
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States,…
Business
Instacart posts strongest order growth since 2022, beats earnings estimates
Instacart posted its strongest order growth since 2022 for a second straight quarter and beat earnings estimates for the current period, a…
Business
Crocs’ CEO Eyes ‘Bold Decisions’ for Sustainable Growth and Cash Flow
Some consumers have become super cautious, but that’s not stopping Crocs Inc. CEO from taking some bold steps to ensure sustainable growth…
Business
Mining giants squeeze dividends with an eye toward funding growth
So far this earnings season, large miners are paying out their lowest dividends in years, as mineral prices slip and they need to retain…
Business
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high, hits S$50 mark
Shares of DBS soared to a record high on Thursday (Aug 7) – briefly hitting a milestone S$50 mark – as South-east Asia’s biggest lender…
Business
All that backlash against Duolingo going ‘AI-first’ didn’t slow its growth: Why DUOL stock is soaring 24% right now
At least one company’s bet on AI appears to be paying off—for now. Language-learning platform Duolingo reported earnings results for the…
Business
India’s central bank holds rates as expected, but growth risks linger
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent on Wednesday, in line with expectations, as policymakers…
Business
F&N’s 9-month profit dips 3.9% to S$118.2 million, despite 10% revenue growth
Beverage maker Fraser and Neave (F&N) posted a net profit of S$118.2 million for the nine months ended Jun 30, a 3.9 per cent decrease…
Business
Singapore shares boosted by retail sales growth; STI up 0.3%
The Straits Times Index (STI) settled higher on Tuesday (Aug 5) for the second consecutive session, supported by stronger-than-expected…
Business
Apac logistics sector sees dampened near-term outlook but long-term growth plans unfazed: CBRE
Logistics occupiers across Asia-Pacific are looking beyond short-term market volatility and planning long-term investments, CBRE survey on…
Business
5 midsize U.S. cities driving small-business growth
Midsize cities are where the growth is. That’s according to new report from BILL, the payments management company used by nearly half a…