Fashion
Singapore stocks close higher amid cautious Middle East outlook; STI up 0.4%
[SINGAPORE] Singapore stocks ended higher on Friday (May 22), even as investors stayed cautious amid ongoing US-Iran peace talks aimed at ending the conflict in the Middle East.The benchmark...
Bank of Japan chief says he agreed to maintain dialogue with PM, no talk of June rate hike
Published Fri, May 22, 2026 · 06:42 PM — Updated Fri, May 22, 2026 · 07:31 PM[TOKYO] Bank of Japan Governor Kazuo Ueda said on Friday he had agreed...
The Hour Glass H2 profit jumps 39% to S$103.8 million on higher sales
[SINGAPORE] Luxury watch retailer The Hour Glass reported a 39 per cent rise in net profit to S$103.8 million for its second half ended Mar 31, driven by stronger...
Another California tech company lays off thousands, citing AI
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry.Mountain View-based Intuit, the maker of TurboTax, on Wednesday said it was laying off 17%...
What the furore over ‘lower-value human capital’ reveals about AI and the future of banking
Lenders are learning that the artificial intelligence transition requires more than charting productivity gainsAS BANKS around the world wax lyrical about the transformative potential of artificial intelligence, most executives...
Citi to boost Asia wealth business with ‘significant’ hires, global head says
Published Fri, May 22, 2026 · 05:30 PM[HONG KONG] Citigroup plans to allocate a significant portion of its global wealth management hiring to Asia, where its private bank is...
European shares hit over two-week highs on signs of progress in US-Iran talks
Published Fri, May 22, 2026 · 05:02 PMEUROPEAN shares rose to a more than two-week high on Friday, lifted by technology stocks with investors optimistic about signs of progress in...
Estee Lauder-Puig talks fail after Charlotte Tilbury tension
Puig and Estee Lauder have been holding talks about a potential business combination since MarchPublished Fri, May 22, 2026 · 04:37 PM[NEW YORK] The proposed multibillion-dollar tie-up between Puig...
Qatar Airways to skip staff bonuses due to Iran war impact
The carrier has been the most impacted airline in the region by number of suspended flightsPublished Fri, May 22, 2026 · 04:16 PM[DOHA] Qatar Airways will skip handing out...
Earnings miss, downside risks weigh on Singtel shares, but RHB sees ‘re-entry opportunity’
The brokerage expects legacy share overhang to clear, and is betting on the telco’s AI, cloud initiatives[SINGAPORE] Singtel’s share price volatility offers investors a “re-entry opportunity” into the counter,...
StanChart CEO apologises for ‘lower-value’ comments after outcry