Lifestyle
Shein, Temu, Amazon Haul set for price hikes as US shuts trade loophole
SHEIN, Temu and Amazon Haul prices are likely to rise for American shoppers, analysts and industry experts said, after US President Donald Trump this week shut a trade loophole...
KKR quarterly profit beats expectation on dealmaking revival
ALTERNATIVE asset manager KKR & Co reported a fourth-quarter profit that beat Wall Street expectations on Tuesday (Feb 4), as a rebound in dealmaking activity boosted its income from...
Scandal-hit unicorn eFishery ropes FTI Consulting into acting management team
The move ‘aims to facilitate a thorough and objective business review to determine the best path forward for the group’, says eFishery’s board INDONESIAN aquaculture startup eFishery on Tuesday...
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its former rival.
Global headcount stood at 108,648...
Nintendo cuts outlook for final months before Switch 2 debut
Nintendo revised its full-year forecast down after profit and revenue plummeted over the holiday period, with gamers increasingly looking forward to the release of its next-generation console.The Kyoto-based company...
Temasek and CenterSquare launch US$100 million commercial real estate debt co-investment vehicle
The portfolio continues a strategy across the global real state investment manager’s debt fund seriesTEMASEK and CenterSquare Investment Management have launched a US$100 million commercial real estate debt co-investment...
GIC makes senior leadership changes, appoints new group CIO
Bryan Yeo succeeds Jeffrey Jaensubhakij, who is stepping down after almost three decades at the firmGIC’S deputy group chief investment officer (CIO) Bryan Yeo will ascend to the role...
UBS quarterly profit smashes expectations, US$3 billion buyback unveiled
UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing forecasts.The net profit attributable to shareholders compared...
