Real Estate
Uniqlo owner Fast Retailing posts 31% rise in full-year profit, beats estimates
JAPAN’S Fast Retailing, owner of clothing brand Uniqlo, booked its third consecutive year of record earnings on Thursday (Oct 10), boosted by widened profit margins in its international segments.
Operating...
Nomura admits government bond manipulation to Japan regulator
NOMURA Holdings admitted to Japan’s financial regulator that it had manipulated the government bond futures market, following a probe by the securities watchdog into transactions three years ago. The...
Musk’s X back online to some Brazil users after suspension lifted
SOCIAL media giant X was available to some Brazilian users on Wednesday (Oct 9), one day after the country’s Supreme Court cleared billionaire Elon Musk’s platform to resume service...
Gold prices flat ahead of US inflation print
GOLD prices were little changed on Thursday (Oct 10), while traders await a key US inflation print due later in the day to gain further clarity of the Federal...
Singapore shares open higher on Thursday; STI up 0.5%
SINGAPORE shares began Thursday (Oct 10) trading in positive territory, mirroring gains in overseas bourses. As at 9.03 am, the Straits Times Index (STI) was up 0.5 per cent...
Powell’s half-point cut is hard to repeat with FOMC in no hurry
US FEDERAL Reserve chair Jerome Powell is unlikely to win another big interest-rate cut from his policy committee so long as the labour market holds up.Powell described the move...
Online shopping returns to growth in Europe amid fierce competition
RECOVERING consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday (Oct 9), while low-cost marketplaces such as PDD Holdings’ Temu have...
Roche will boost in-China production for local market: CEO
ROCHE Holding will add manufacturing capacity in China to serve the country’s growing market, making it the latest pharmaceuticals giant to split some of its production as US-China trade...
