Fashion
Meta is cutting several hundred jobs amid record AI spending
Published Wed, Mar 25, 2026 · 10:50 PMMeta Platforms is cutting several hundred jobs as part of a restructuring effort that’s impacting several teams at the company, including sales,...
Wall Street opens higher on hopes of Middle East de-escalation
Published Wed, Mar 25, 2026 · 09:47 PM[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Mar 25) as prospects of a de-escalation in the Middle East conflict...
Barclays pulls back on asset-based lending after MFS, Tricolor
The British bank is shifting its focus to loans and securitisations for larger corporatesPublished Wed, Mar 25, 2026 · 09:44 PM[LONDON] Barclays is scaling back its asset-based lending to...
Fosun Resort chain Club Med considers Hong Kong IPO: sources
The French group is in talks with banks about working on the potential share salePublished Wed, Mar 25, 2026 · 08:45 PM[HONG KONG] Club Med is considering an initial...
China Eastern Airlines to buy 101 Airbus aircraft for around US$15.8 billion
Published Wed, Mar 25, 2026 · 08:44 PM[BEIJING] China Eastern Airlines signed an agreement with Airbus on Wednesday (Mar 25) to buy 101 A320neo aircraft in a deal worth...
Independent probe finds ‘no impropriety’ as C-suite drama erupts at Hong Lai Huat
A spat with the CEO’s son was ‘at most, a contributing factor’ to Lai Seng Fatt’s resignation as CFO[SINGAPORE] Mainboard-listed real estate developer Hong Lai Huat Group has pulled...
Meta boosts top executives’ pay with stock options as AI race heats up
The options are the social media giant’s first for its top brass and require steep stock milestonesPublished Wed, Mar 25, 2026 · 07:55 PM[NEW YORK] Meta Platforms has offered...
Meituan, Alibaba shares jump as Beijing vows to end price wars
China’s market regulator holds seminar on curbing cut-throat competition, which dampens the drive to grow consumption Published Wed, Mar 25, 2026 · 07:46 PM[HONG KONG] The shares of China’s...
Sustainable aviation fuel levy deferred to flights departing from Jan 1, 2027, as Gulf conflict drags on: CAAS
Singapore ‘remains firmly committed to aviation decarbonisation’, says director-general Han Kok Juan[SINGAPORE] The Civil Aviation Authority of Singapore (CAAS) on Wednesday (Mar 25) said it will defer the implementation...
No rush by SGX listcos to embrace forward guidance; ‘phased adoption’ likely: observers
They attribute this to factors such as legacy practices and concerns about regulatory risk[SINGAPORE] Even as Singapore Exchange Regulation (SGX RegCo) is encouraging companies to provide forward guidance, many...
