Lifestyle
Japan’s Nikkei surges 3.5% after boost from weak yen
Japan’s Nikkei share average surged 3.5 per cent on Tuesday (Aug 13), with tech shares leading the rally as sentiment got a boost from a weaker yen as traders...
Overseas investors turn bearish on Japanese equities after brutal sell-off
GLOBAL investors are turning bearish on once-favoured Japanese stocks following last week’s turbulence as they reassess economic prospects and the viability of yen-funded trades.Using cheap yen to buy stocks...
GM cuts China jobs as it resets in world’s biggest car market
GENERAL Motors (GM) has been laying off staff in China and will soon meet with local partner Saic to plan a larger structural overhaul of its operations there, a...
It can cost more to power a house than rent it in Pakistan
ELECTRICITY bills have outpaced home rental rates for some people in Pakistan, as tariff increases and other reforms to comply with International Monetary Fund (IMF) loan conditions spark nationwide...
CICT posts 2.5% rise in H1 DPU to S$0.0543 despite higher finance costs
CAPITALAND Integrated Commercial Trust (CICT) has recorded a distribution per unit (DPU) of S$0.0543 for the first half of the year, up 2.5 per cent from S$0.053 in the...
J&J gets plaintiff backing for US$6.5 billion baby powder accord
JOHNSON & Johnson (J&J) has cleared a key hurdle for advancing a US$6.5 billion plan to resolve thousands of lawsuits by people who say its baby powder gave them...
Food Empire H1 profit falls 11.3% to US$23.6 million on Russia market weakness
FOOD Empire posted a 11.3 per cent drop in net profit to US$23.6 million for its first half ended Jun 30, 2024, from S$26.7 million in the previous corresponding...
Yangzijiang Shipbuilding H1 profit rises 77% to 3.1 billion yuan on robust sales, production revenue
Yangzijiang Shipbuilding on Monday (Aug 12) posted a net profit of 3.1 billion yuan (S$553.7 million) for the six months ended Jun 30, an increase of 77.2 per cent...
