Leadership
Grab’s deal to buy Singapore taxi firm might lessen competition, regulator says
Nasdaq-listed ride hailing company Grab’s deal to buy Singapore’s private taxi firm Trans-cab Holdings is likely to result in substantial lessening of competition in the local market, the city-state’s...
Rolex, Patek watch prices fall even further behind equities
PRICES for the most sought-after luxury watches slipped on the secondary market again last month, extending a two-year decline as investors turn elsewhere after a pandemic-era rally fizzled.
The Bloomberg...
Uniqlo owner posts 29% jump in Q3 operating profit
The company raised its full-year profit forecast to 475 billion yen from 450 billion yenJapan’s Fast Retailing, the owner of clothing brand Uniqlo, said on Thursday (Jul 11) its...
Apple’s Vision Pro won’t cross 500,000 sales this year, IDC says
APPLE’s biggest new product in years is not expected to shake off its slow sales start until the release of a cheaper model next year.The US$3,500 Vision Pro mixed-reality...
China’s plan to save the economy comes at a cost to factories
THE pen squeaks as Jeff Pan sketches a chart on a white-board. He draws a black line signifying consumption that shoots up, then a blue line that edges higher...
Seatrium announces strategic partnership agreement with Teekay Australia
OFFSHORE and marine specialist Seatrium has secured a favoured customer contract agreement from Teekay Shipping (Australia).Also known as Teekay Australia, the company provides vessel operation services under contracts with...
Vietnam carrier becomes world’s best-performing airline stock
A SURPRISE return to profit has propelled Vietnam Airlines to become the world’s best-performing airline stock this year, shrugging off the risk of bankruptcy as the company ’s post-pandemic...
China announces more short-selling curbs to stabilise stocks
CHINA’S securities regulator on Wednesday (Jul 10) announced more curbs on short-selling and pledged tighter scrutiny of computer-driven programme trading in its latest effort to bolster a flagging stock...
