Fashion
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
[SINGAPORE] Co-living operator Coliwoo reported a net profit of S$5.7 million for the second half ended Sep 30, a 75.1 per cent drop from S$22.9 million for the year-ago...
US stocks opens mixed as investors assess data, Alphabet shines
[NEW YORK] Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to gauge the...
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares drop
[NEW YORK] Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share rally as the search giant has made...
Singtel’s Optus prices S$200 million notes due 2035 at 2.48%
[SINGAPORE] A unit of Singtel’s wholly owned subsidiary Optus has priced S$200 million in 10-year fixed-rate notes due in 2035 at 2.48 per cent. The notes will be drawn down...
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
[HONG KONG] Ant Group’s quarterly profit grew 10 per cent after the Chinese digital payments giant bolstered its artificial intelligence capacity via AI models, humanoid robots and health care....
TSMC sues former senior vice-president who joined Intel over trade secrets
The company says Lo had failed to disclose in his exit interview that he was planning to work for Intel[TAIPEI] Taiwan Semiconductor Manufacturing Co (TSMC) sued a former executive...
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector[SHANGHAI] Chinese e-commerce giant Alibaba beat analysts’ quarterly revenue estimates on Tuesday (Nov 25)...
Barclays sees surge in Africa, Asia cross-border deal flows
The Middle East, India and Singapore are doing more transactions in the region, and this will likely increase in 2026[JOHANNESBURG] Barclays has a strong pipeline of deals across its...
iFly Sentosa parent sues Simba over equipment ‘trespass’
[SINGAPORE] Skyventure VWT, which provides an indoor skydiving experience through AltitudeX on Sentosa island, has taken telco Simba to court over alleged equipment “trespass”.Skyventure alleges that Simba’s equipment, which...
ECB reviews claims Deutsche Bank downplayed financial risks
It underplayed risks in its balance sheet and gave misleading picture of its financial health[BRUSSELS] The European Central Bank is examining claims that Deutsche Bank underplayed risks in its...
