News
Japan reports 4.2% growth in September despite Trump tariffs
Japan’s exports grew 4.2% in September, according to government data Wednesday, on robust shipments to Asia that offset a decline in…
Tag
Growth
Business
Lum Chang could ride on construction upcycle, restructuring to high single-digit profit growth: analyst
Tickrs Financial Singapore initiatives coverage on the stock with a ‘buy’ call and target price of S$0.525 Mainboard-listed construction…
News
China’s economy, hit by tariffs, slows to 4.8% annual growth in Q3
China’s economy expanded at the slowest annual pace in a year in July-September, growing 4.8%, weighed down by trade tensions with the…
Business
Wee Hur gears up for growth with bigger ambitions
Group’s chiefs consider its workers’ dormitory and construction businesses as key drivers of future growth Property developer Wee Hur is…
Lifestyle
Sunspel Goes for Global Growth With Paris, Tokyo Openings and U.S. Bespoke Rollout
British heritage label Sunspel is accelerating its international retail footprint with a slate of strategic openings in Paris, which…
Business
Salesforce jumps as US$60 billion forecast eases revenue growth concerns
Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster…
Business
Nestle to axe 16,000 jobs as new CEO targets sales growth
Nestle will cut 16,000 jobs, new chief executive officer Philipp Navratil said on Thursday (Oct 16), as the world’s largest packaged food…
Business
Singapore shares fall 0.8% even as Q3 GDP growth beats forecast
Shares on the Singapore bourse closed lower on Tuesday (Oct 14), even as the city-state’s economy grew faster than expected. The benchmark…
Business
Unlocking Amazon’s Power for Beauty Brand Growth
What brands do off Amazon is equally as important as what they do on Amazon — “even if you’re off Amazon, you’re on Amazon.” That was the…
Business
Wage growth slows slightly over summer
Wage growth in the UK cooled slightly over the summer, as unemployment ticked up slightly. Annual growth in employees' average earnings…
Business
HSBC’s top boss bets US$14 billion on Hong Kong in push for growth
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his…
Business
SGX to sharpen focus on ecosystem initiatives to sustain equity market growth
To maintain the momentum of the recent uplift in local equities, the Singapore Exchange (SGX) will focus on expanding its product…
Business
Clear pathways to growth and prosperity in Asia amid global uncertainty: OCBC’s Tan Teck Long
The ‘golden era of globalisation’ now feels like a distant memory, says the bank’s deputy CEO While the world is facing a landscape marked…
Business
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5% previously Thailand’s central bank left its key interest rate…
Business
Ikea buys US logistics tech firm Locus in online growth push
[LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish…
Business
Indonesia mulls moving up to 10 trillion rupiah per lender to regional banks to boost growth
The first two recipients could be Bank of Jakarta and East Java’s Bank Pembangunan Daerah Jawa Timur Indonesia is considering moving up to…
Business
HP bets on AI personal computers to drive revenue, eyes Asia for growth
At least one in four PCs sold by the US computer maker are AI-enabled and that could grow as customers upgrade The lockdowns stemming from…
Business
Thai Cabinet approves 44 billion baht stimulus programme to boost growth
South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency…
Business
Thailand unveils 44-billion baht stimulus, targets growth above 2.2%
South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency The Thai…
Business
AI adoption fuels growth of Singapore’s digital economy, growing to 18.6% of 2024 GDP
IMDA report says adoption rates of artificial intelligence in firms are up, bringing cost savings; workers say the tech has raised…
Business
Coface eyes growth in South-east Asia amid rising trade risks
The French trade credit insurer is betting on Asia as the global economy’s driving force In a world where global trade faces mounting…
Business
Vietnam central bank vows to push growth, limiting credit risks
The trade levies are putting upward pressure on inflation and adding pressure on the currency The State Bank of Vietnam plans to keep…
Business
Asia’s public markets must maintain performance and growth to drive inflows, GIC, Danantara executives say
Improving corporate governance help markets perform and allow for exits, so private equity performance can follow Strong public markets in…
Business
DBS, UOB, OCBC lead dividend growth as Singapore companies pay out US$8.2 billion in H1
DBS was among the top 13 banking contributors to H1 dividend growth, says Capital Group The three local banks led dividend growth in…