Lifestyle
Thailand’s SCG Packaging buys US$652 million stake in Indonesia’s Fajar Surya
THAILAND-BASED SCG Packaging has acquired an additional stake worth US$652.4 million in Indonesian packaging paper-maker Fajar Surya, increasing its ownership in the company to 99.7 per cent in a...
Alibaba wins Beijing’s approval in end to years-long scrutiny
Alibaba Group Holding has secured the endorsement of China’s antitrust watchdog more than three years after a landmark probe into its online behaviour, suggesting Beijing is keen to signal...
Lululemon’s US$98 yoga pants face baggier fashions, more rivals
LULULEMON Athletica lowered its sales and profit outlook for the year as increased competition and relentless inflation curb demand for its pricey yoga pants.The company now sees sales of...
GIC acquires another logistics facility in Japan
Completed in 2022 and fully occupied, it spans an area of more than 126,000 square metresGIC has bought another logistics facility developed by Japanese real estate developer Daiwa House...
Asia: Markets rally on US data after Dow hits record on Wall Street
ASIAN markets rose on Friday after a record day on Wall Street, boosted by a strong round of US data that reassured investors over the health of the world’s...
Gold prices poised for monthly gain; focus on US data
GOLD prices were little changed on Friday, but were poised for a monthly gain on prospects of a US interest rate cut in September, while traders awaited key US inflation...
Character.AI lays off at least 5% of its staff, The Information reports
CHATBOT startup Character.AI laid off at least 5 per cent of its staff, The Information reported on Thursday, citing a person briefed by company leaders.The employees who were laid...
