Fashion

Grab buys foodpanda’s Taiwan business for US$600 million
This deal marks Grab’s entrance into its first market outside of South-east Asia[SINGAPORE] Grab is acquiring foodpanda’s Taiwan business for US$600 million in cash, said foodpanda parent company Delivery...
Luxury brands from LVMH to Kering defy slowdown with more new store openings in Europe
Fragrances have been particularly popular due to their lower price point when compared to items such as jewellery and watches Published Mon, Mar 23, 2026 · 02:01 PM[LONDON] Owners...
Credit Suisse’s AT1 bond crash fuelled leadership crisis at HDFC
For a bank already grappling with balance sheet challenges following its 2023 merger with a mortgage lender, the timing could hardly be worse[MUMBAI] Shortly before midnight on the eve...
‘Trust the founder’? Grab’s super-voting share proposal raises governance questions for investors
Shareholders would have to be content as passengers in a vehicle ‘with a permanent driver’, says an observer[SINGAPORE] Grab’s proposal to boost the voting power of founder Anthony Tan...
Sinopec flags chemicals spending cut as profit pressure mounts
China’s massive oil reserves have given the world’s largest oil importer some breathing space to deal with the Middle East warPublished Mon, Mar 23, 2026 · 11:14 AMSINOPEC has...
VPBank seeks US$1.2 billion in one of Vietnam’s largest ESG deals
The Hanoi-based firm has mandated more than a dozen banks to underwrite the three-year facility, according to sourcesPublished Mon, Mar 23, 2026 · 10:25 AM[HONG KONG] Vietnam Prosperity JSC...
Nikkei falls 4% on fears of inflation, higher rates from Iran war
Published Mon, Mar 23, 2026 · 09:08 AM[TOKYO] Japan’s Nikkei share average fell 4 per cent on Monday as concerns about escalation of the Middle East war stoked inflation...
Mapletree Logistics Trust to acquire Mumbai warehouse for S$53.6 million
The move expands the trust’s reach in India beyond Pune and Delhi to a new market in Mumbai[SINGAPORE] Mapletree Logistics Trust (MLT) has entered into an agreement to acquire...
AvePoint eyes US$100 million in acquisitions to fast-track US$1 billion revenue target
The data management firm is also considering more stock buybacks and expanding its headcount[SINGAPORE] Armed with a US$481 million war chest, data management firm AvePoint is eyeing deals worth...
Philippines allows temporary use of dirtier fuel amid Middle East crisis
Published Mon, Mar 23, 2026 · 06:06 AM[MANILA] The Philippines has allowed the temporary and limited use of a cheaper but dirtier type of fuel to ensure supply as...
AEM partners ASE Technology for AI, high-performance computing chip testing
AEM will also raise S$12 million through a private placement for its Taiwan expansion, integration into ASE’s operations[SINGAPORE] Semiconductor equipment maker AEM has partnered ASE Technology, one of the...
MAS should require EQDP fund managers to express their views, flex shareholder power
An alignment of interests with minority investors could be a more constructive motivating force for IDs than their vaunted independence[SINGAPORE] Many investors are likely to have been encouraged by...