Lifestyle
US: Stocks rebound on jobs data relief, US-China talks
[WASHINGTON] Wall Street stocks bounced on Friday as solid US employment data helped stave off concerns of an imminent downturn, while President Donald Trump’s announcement that US and Chinese officials would...
UBS faces tough new Swiss banking sector rules
[BERN] The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold US$26 billion more in core...
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
[SINGAPORE] Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing workforce over the next two...
Hello Kitty owner overtakes Toyota in stock turnover
Shares of Sanrio, which was added to MSCI’s Japan index last month, jumped 12% in MayPublished Fri, Jun 6, 2025 · 05:45 PM[TOKYO] Hello Kitty owner Sanrio surpassed Japan’s...
Japan curry shops see record bankruptcies as rice prices soar
Thirteen curry shops with more than 10 million yen (S$89,345) in debt filed for bankruptcy in the year ending in MarchPublished Fri, Jun 6, 2025 · 03:27 PM[TOKYO] A...
Container shipping rates soar, impact on shippers outside China felt
[SINGAPORE] Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and front-loading as shippers rush to beat...
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
[MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio...