Posts by Stephanie Irvin
Shein weighs sale of less than 10% of company in London IPO: sources
FAST fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10 per cent of its shares to be sold to the public in its planned London flotation, two people with knowledge of the matter said. The company is exploring this option to facilitate its IPO, one of the people said.…
Read MoreOld Navy Credit Card (Navyist): Complete Guide
If you love shopping at Old Navy, Gap, Banana Republic, or Athleta, the Old Navy Credit Card, now called the Navyist Rewards Mastercard, might be just what you need. It’s designed for those who frequently shop at these stores, offering rewards and benefits that can make your shopping experience even better. But before you jump…
Read MoreDave Ramsey: 7 Steps Explained
Ever wondered how many baby steps are there in Dave Ramsey’s plan to financial freedom? Well, it’s seven, and they’re all about getting your money in order without making it overly complicated. From setting up a small emergency fund to paying off your house early, each step builds on the last. It’s a straightforward approach…
Read MoreHong Leong Asia appoints MOM perm sec Ng Chee Khern as board member
He is the brother of National Trades Union Congress secretary-general Ng Chee Meng INDUSTRIAL conglomerate Hong Leong Asia has appointed Ng Chee Khern, who is currently permanent secretary at the Ministry of Manpower, as a member of its board. Ng Chee Khern, 59, will serve as an independent non-executive director and as a member of…
Read MoreMapletree Logistics Trust proposes to sell Singapore warehouse for S$12.3 million
The divestment is not expected to have a material impact on the trust’s net asset value and net property income for FY2025/2026 THE trustee of Mapletree Logistics Trust (MLT) is proposing to sell a warehouse and office building at 1 Genting Lane in Singapore for S$12.3 million. HSBC Institutional Trust Services has inked a purchase…
Read MorePerennial to operate China’s first wholly foreign-owned tertiary general hospital in Tianjin
INTEGRATED real estate and healthcare player Perennial Holdings will open and operate China’s first entirely foreign-owned hospital in Tianjin, the group announced on Monday (Dec 16). The 500-bed Perennial General Hospital Tianjin has passed a hospital inspection by Tianjin’s Municipal Health Commission and obtained a medical institution practice license. This comes as China in November…
Read MoreChina’s Instagram-like Xiaohongshu making inroads with e-commerce sales
SINCE Tera Feng started documenting her enviable Shanghai lifestyle, including visits to art galleries and fashion events on Chinese social media eight years ago, she has built up a following of more than 500,000 people. While that is a drop in the vast ocean of China’s consumer market, Feng and brands she works with have…
Read MoreSTI inches up 0.3% on Monday, bucking regional trend
THE Straits Times Index (STI) closed up on Monday (Dec 16), while major regional indices closed lower. The STI rose 0.3 per cent or 10.68 points to 3,821.03. Across the broader market, decliners outnumbered advancers 333 to 183, after 866.9 million shares worth S$1.1 billion changed hands. The trio of local banks had mixed results…
Read MoreBoeing’s year of crisis leaves investors wary of beaten-up stock
WHAT was supposed to be a comeback year for Boeing has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker’s shares may have only a modest recovery in store in 2025. The stock is down 35 per cent this year, placing it among the 20 biggest decliners in the S&P…
Read MoreVolatility to surge in agri-commodity markets amid trade tensions
If trade relations sour between China and US under Donald Trump, there may be notable risks to US food and agriculture exports, particularly soybeans AGRI-COMMODITY markets are gearing up for a challenging 2025, with strong fundamentals, escalating trade tensions and shifting currency dynamics expected to drive significant volatility across the sector. Tree crop commodities, such…
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