Lifestyle
Europe: Shares led higher by tech, banks as US slowdown fears ease
TECHNOLOGY and bank shares led Europe’s benchmark stock index more than 1 per cent higher on Thursday (Aug 15), with risk appetite boosted by strong US retail sales data...
Meta fends off AI-aided deception as US election nears
RUSSIA is putting generative artificial intelligence (AI) to work in online deception campaigns, but its efforts have been unsuccessful, according to a Meta security report released on Thursday (Aug...
CapitaLand Investment unit prices S$350 million in senior notes at 3.58%
They will be issued under the S$6 billion euro medium-term note programme established by CLI Treasury in 2021CAPITALAND Investment (CLI) on Thursday (Aug 15) announced its wholly-owned unit CLI...
Starbucks’ US$113 million deal puts Niccol among top-paid CEOs
THE chief executive officer switch atop Starbucks is poised to cost the coffee chain at least US$120 million, and possibly more, as the board bets on a change of...
Grab’s Q2 loss narrows to US$53 million, but misses analyst estimates
NASDAQ-LISTED Grab on Thursday (Aug 15) posted a loss of US$53 million for the second quarter ended Jun 30, trimmed from a US$135 million loss in the corresponding year-ago...
Tapestry beats revenue, profit estimates on steady demand for Coach handbags
COACH parent Tapestry beat Wall Street expectations for fourth-quarter results on robust demand for its popular Tabby handbags, signalling resilient interest for affordable luxury goods despite a global spending...
UOB Kay Hian H1 profit up 64.3% to S$113.9 million
UOB Kay Hian reported on Thursday (Aug 15) a net profit of S$113.9 million for the six months ended Jun 30, up 64.3 per cent from S$69.3 million in...
Positive economic data from China and Japan lifts regional stocks; STI up 0.9%
SINGAPORE shares rose on Thursday (Aug 15) amid strong retail sales and gross domestic product data from China and Japan, respectively. The benchmark Straits Times Index (STI) rose 0.9...
