Leadership
Adidas reports strongest China sales since early 2022
ADIDAS saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding the Yeezy collection were up on the year on increasing brand...
Founder of TikTok owner ByteDance jumps to top of China’s rich list
BYTEDANCE founder Zhang Yiming is China’s richest person, with personal wealth of US$49.3 billion, an annual rich list showed on Tuesday (Oct 29), although counterparts in real estate and...
Founder of TikTok owner ByteDance jumps to top of China’s rich list
BYTEDANCE founder Zhang Yiming is China’s richest person, with personal wealth of US$49.3 billion, an annual rich list showed on Tuesday (Oct 29), although counterparts in real estate and...
Simba takes a bite out of telco market; StarHub has most to lose: Maybank
MAYBANK Securities has downgraded its call on StarHub from “buy” to “hold” and cut its target price to S$1.30 from S$1.44, as it expects stiffer competition in the telco...
Gold holds steady as investors focus on US economic data
GOLD prices held steady on Tuesday (Oct 29) as investors looked forward to a slew of US economic data for clues about the Federal Reserve’s interest rate outlook.Spot gold...
Bitcoin tops US$70,000 for first time since June as election nears
BITCOIN rose past US$70,000 for the first time since June, bolstered by inflows into dedicated exchange-traded funds (ETFs) as well as speculation about potential outcomes from next week’s US...
Robinhood rolls out contracts to bet on US presidential election
ROBINHOOD said on Monday (Oct 28) it will allow trading in US presidential election event contracts, as it seeks to capitalise on growing retail demand for betting products. This...
Ford weakens profit outlook amid price war, shares fall
FORD Motor said on Monday it expects to hit the lower end of its full-year profit guidance, dropping the company’s shares 5 per cent in after-hours trading, as a...
