Real Estate
Adidas posts first loss in 30 years and warns on US
GERMAN sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday (Mar 13) and warned sales in North America would fall again as sportswear...
Rocket explodes moments after Japan space startup’s launch
SPACE One, a Japanese startup backed by Canon, failed to send its first rocket to space, a major setback in efforts to join a booming market for commercial launches....
South Korea moves closer to extending onshore won trading hours
SOUTH Korea will undertake another test of after-hours trading of the won as authorities prepare to extend the currency’s trading session. Some banks will be allowed to exchange the...
Gold subdued as sticky US inflation prompts rate-cut rethink
GOLD prices steadied on Wednesday (Mar 13), after posting its biggest decline in a month in the previous session after a sticky United States inflation report boosted bond yields...
Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump
TOYOTA Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday (Mar 13), heightening expectations that bumper pay raises will give the central bank...
Singapore shares track global rally on Wednesday; STI up 0.2%
SINGAPORE stocks rose on Wednesday (Mar 13) morning, mirroring overnight gains in US and European markets following the release of Federal Reserve inflation data. As at 9.01 am, the...
Seatrium receives SGX approval for 20-to-1 share consolidation
SEATRIUM has received in-principle approval from the Singapore Exchange (SGX) regarding its proposed 20-for-1 share consolidation exercise. This concerns the listing of and quotation for up to 3.4 billion...
Mango adapts as climate change makes fashion less seasonal
SPANISH retailer Mango is honing in on adaptable clothing to help customers adjust to wild swings in temperature as climate change makes fashion less seasonal, chief executive Toni Ruiz...
