Lifestyle
French luxury goods company Kering names Stefano Cantino as CEO of Gucci
FRENCH luxury goods company Kering named Stefano Cantino as CEO of Gucci, with Cantino succeeding Jean-Francois Palus next January.
“I am confident that, building on what has been set up...
Online retailer Shein’s 2023 sales hit £1.55 billion in UK
SHEIN’S British business made £1.55 billion (S$2.6 billion) in revenue in 2023 and a profit before tax of £24.4 million, a filing by the online fast-fashion group showed on...
Hot stocks: Semiconductor plays stumble amid rising short interest
Shares of Frencken, UMS and AEM fall after a report highlighted them among the top five most shorted stocks on the Singapore bourseSINGAPORE’S semiconductor stocks were trading in the...
Australia central bank discussed future cases for raising, lowering rates
AUSTRALIA’S central bank discussed scenarios in which the cash rate may need to be raised or cut in the future at the September policy meeting, having left interest rates...
Singtel must show results from NCS, Optus divisions to help fuel share price uptrend
Analysts are also looking for potential expansion from big ticket deals, such as the data centre agreements announced earlier this yearTELCO giant Singtel’s share price has risen significantly in...
Thai State Fund climbs on debut after raising US$4.5 billion
A state-controlled Thai fund that raised US$4.5 billion from domestic retail and institutional investors to shore up the South-east Asian nation’s capital market rose on its first day of...
US: Wall Street opens lower as changing rate expectations boost yields
Wall Street’s main indexes fell at the open on Monday (Oct 7), pressured by a rally in Treasury yields as investors dialled back bets on the scope of the...
Chevron sells Canadian oil sands, shale assets for US$6.5 billion
The deal comes as it focuses its growth plans in other parts of the world, such as the Permian basin in the US and the Tengiz field in KazakhstanCHEVRON...
