Fashion
Maybank eyes 13-14% ROE by 2030 in new five-year strategy unveiled ahead of Q4 earnings
It will invest RM10 billion in its technology, data and artificial strategy over the next five years Malaysian lender Maybank on Tuesday…
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Fashion
Fashion
California exceeds clean car goal despite declining federal support
More than 2.5 million electric vehicles have been sold in California since 2010, exceeding one of the state’s EV goals despite setbacks in…
Fashion
Wall Street slides as US-Greenland standoff knocks sentiment
Wall Street’s main indexes opened sharply lower on Tuesday (Jan 20), as investors were spooked by renewed tariff threats from President…
Fashion
Singapore chip manufacturing sector set to boom as global DRAM shortage continues
Benefits could ‘cascade across the entire value chain’, as demand outstrips supply of the computer memory hardware Singapore’s…
Fashion
Changi Airport turns to driverless tractors to boost airside productivity
Changi Airport on Tuesday (Jan 20) announced that it has deployed its first fleet of fully autonomous tractors for airside operations…
Fashion
Explaining California's billionaire tax: The proposals, the backlash and the exodus
The battle over a new tax on California’s billionaires is set to heat up in the coming months as citizens spar over whether the state…
Fashion
Zurich Insurance offers US$10 billion to buy UK insurer Beazley
Swiss insurance company Zurich Insurance Group has raised its offer to buy rival speciality insurer Beazley to 1,280 pence (S$22.016) per…
Fashion
L.A.'s defense industry is booming. Federal funding crunch could change that
When former Space X engineer Josh Giegel launched his North Hollywood tech company Gambit in 2023, he had a vision for the battlefield of…
Fashion
FCT weighs Johor Bahru retail threat with RTS Link, bets on Northern Singapore
Retail sales leakage to Johor Bahru is expected to increase from about 4 per cent to about 5 per cent The manager of Frasers Centrepoint…
Fashion
China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new home. CHINESE households are scouring for…
Fashion
‘No reasons to own’: Software stocks sink on fear of new AI tool
Sell-off has exacerbated an already yawning gap between the performance of software companies and other areas of the tech sector THE new…
Fashion
Musk seeks up to US$134 billion damages from OpenAI, Microsoft
ELON Musk wants OpenAI and Microsoft to pay him damages in the range of US$79 billion to US$134 billion over his claims that the…
Fashion
Nvidia H200 chip parts suppliers halt output after China blocks shipments, FT reports
SUPPLIERS of parts for Nvidia’s H200 have paused production after Chinese customs officials blocked shipments of the newly approved…
Fashion
White House weighs executive action to cap credit card rates
THE White House is weighing an executive action to enact President Donald Trump’s call for a cap on credit card interest rates, in…
Fashion
Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in…
Fashion
Maybank applies to place Dasin Retail Trust’s manager under judicial management
This comes after four subsidiaries received court summonses over Companies Act breaches Maybank has applied to place the trustee-manager…
Fashion
GameStop shutters stores across California
GameStop is shutting down more stores in California. The video game, toy and collectible retailer has been struggling to find a way to…
Fashion
Forward guidance: Why it matters and how to get it right
With clear communication on anticipated earnings and business strategies, listed companies can signal confidence and build credibility…
Fashion
Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after…
Fashion
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK]…
Fashion
Wall Street opens higher as chip stocks shine
Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally in…
Fashion
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to…
Fashion
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as…
Fashion
Why is Meta laying off workers again?
Social media giant Meta said it’s cutting more than 1,000 workers and closing several content studios as it focuses its efforts on…