Lifestyle
Puma sees sneaker demand picking up in second half of year
PUMA sees demand for sneakers and sports gear picking up in the second half, building on major sporting events like the European soccer championships and Summer Olympics in Paris....
First China-made international jet could gain ground in Asia-Pacific on Airbus, Boeing delays: observers
THE first major China-made passenger jet – Commercial Aircraft Corporation of China’s (Comac) C919 airliner – could gain ground in the Asia-Pacific market amid delayed deliveries by major aircraft...
Alibaba’s South Asian e-commerce giant Daraz announces layoffs in memo
ALIBABA-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more streamlined and agile structure”, acting chief executive officer James Dong said on Tuesday (Feb...
Malaysian ringgit undervalued, central bank says
MALAYSIA’S central bank on Tuesday (Feb 27) said the ringgit currency, which briefly hit a 26-year-low last week, is undervalued and should be trading higher on account of the...
China Everbright Water’s FY2023 profit rises 17% to HK$1.2 billion
CHINA Everbright Water’s net profit for the full year ended Dec 31, 2023, was up 17 per cent to HK$1.2 billion (S$206.2 million), as compared to HK$1 billion in...
China’s Zhida weighing HK$1 billion Hong Kong IPO this year
SHANGHAI Zhida Technology Development, a maker of electric-vehicle (EV) charging systems, is considering an initial public offering (IPO) in Hong Kong that could raise about HK$1 billion (S$172 million),...
Xi crackdown on ‘hedonistic’ bankers fuels industry brain drain
HER annual bonus was slashed by 60 per cent and her salary was frozen. Family expenses are on the rise with two kids in school. After a rough 2023,...
US Reit unitholders urged to submit tax forms on time to help trusts preserve cash
UNITHOLDERS of real estate investment trusts (Reits) whose primary investment is US assets should submit the US withholding tax documents promptly to protect their interests. If a unitholder fails...
