Fashion
Ex-BP chair Manifold says not everyone shared his efficiency priorities, but praises executives
Published Thu, May 28, 2026 · 04:17 PM[LONDON] Ousted BP chair Albert Manifold said on Thursday that he felt not everyone at the oil major had shared his priorities...
PBOC tells Chinese banks to boost May lending as credit weakness persists
Published Thu, May 28, 2026 · 04:08 PM[BEIJING] China’s central bank has instructed banks to boost lending this month, people with knowledge of the matter said, underscoring Beijing’s continued...
Nomura raises annual profit target 50% after record year
It seeks to post at least 750 billion yen (S$6.01 billion) in annual pretax income by the year ending March 2031Published Thu, May 28, 2026 · 03:51 PM[TOKYO] Nomura...
European shares drop as escalating US-Iran tensions weigh on sentiment
Published Thu, May 28, 2026 · 03:48 PMEUROPEAN shares slipped on Thursday as escalating tensions in the Middle East clouded the outlook for an imminent deal to open the Strait...
Australian shares retreat to 1-week closing low on fresh US-Iran flare-up
Published Thu, May 28, 2026 · 03:20 PM[SYDNEY] Australian shares closed at their lowest in a week on Thursday (May 28), with most sectors finishing in the red, after...
JD.com founder vows to protect Chinese jobs from AI and robots
Published Thu, May 28, 2026 · 03:19 PM[BEIJING] JD.com founder Liu Qiangdong vowed to prevent the e-commerce firm’s 900,000-strong workforce from losing their jobs to automation, seeking to allay...
US private credit risks not mirrored in South-east Asia: IFS Capital CEO
Randy Sim explains why the region’s credit landscape looks nothing like that of the US and why we should differentiate them[SINGAPORE] Private credit may be dominating global financial headlines,...
ByteDance developing custom CPU chips to support AI roll-out: sources
Published Thu, May 28, 2026 · 02:46 PM[BEIJING/PARIS] Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people...
Malaysia steps on gas, cuts coal use as power demand surges to record
The country’s energy commission expects warmer weather and data centres to continue to drive power demand this yearPublished Thu, May 28, 2026 · 01:36 PM[SINGAPORE/KUALA LUMPUR] Malaysia is tapping...
Teo Siong Seng to take leave of absence from Pacific International Lines and NUS, in addition to SBF
He will not seek re-election as chair of Singapore Business Federation after his term ends in June[SINGAPORE] Shipping veteran Teo Siong Seng, who has been accused by the United...
