Fashion

China’s private refiners seek Beijing approval to cut run rates as Iran war hits margins
Published Mon, May 11, 2026 · 02:53 PM[BEIJING] China’s private refiners have sought government approval to cut oil-processing rates, a month after Beijing ordered them to produce at any...
BYD sees annual sales rise despite tepid market, says JPMorgan
The automaker now expects domestic sales to reach between 3.5 million and four million units this yearPublished Mon, May 11, 2026 · 02:13 PM[HONG KONG] BYD is projecting an...
US industry, lawmakers plead with Trump: Don’t open door to Chinese cars at Xi summit
The House bill would go further, banning industry partnerships with Chinese companies[WASHINGTON] As US President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the US...
Goldman Sachs claims renminbi undervalued by 20% against US dollar
Published Mon, May 11, 2026 · 12:16 PM[HONG KONG] The Chinese currency is more than 20 per cent undervalued against the US dollar, according to Goldman Sachs Group, which...
South Korean shares hit all-time high on AI-led chipmaker rally
JPMorgan Chase has raised its targets for the country stocks for the second time in less than a monthPublished Mon, May 11, 2026 · 11:40 AM[SEOUL] South Korean shares...
AI growth pushes Alphabet closer to overtaking Nvidia as world’s biggest company
Nvidia may be the leader in building AI chips, but Google’s parent has a rival product that’s gaining favourPublished Mon, May 11, 2026 · 10:22 AM[CHICAGO] Over the past...
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations
At least half a dozen lenders have increased their number of special asset bankers[HONG KONG] A small group of bankers in Hong Kong tasked with cleaning up the city’s...
Stocks to watch: SBS Transit, Riverstone, Geo Energy Resources, Jumbo Group, NoonTalk Media
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 11):  SBS Transit : The transport operator on Friday posted a 2.2...
These stocks rerated after strategic moves. Can they inspire others to do the same?
Firms that have done so show proactive management works, giving hope that others, too, can chart a path to better valuations[SINGAPORE] For years, Lum Chang Holdings – which listed...
Momentum-obsessed traders seek clues on Iran truce
Barclays strategists say the trade has reached extremes that historically foreshadowed sell-offsPublished Mon, May 11, 2026 · 06:17 AM[LONDON/SINGAPORE] Investors riding a scorching run of market momentum are likely...
Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs; revenue up 7.9%
[SINGAPORE] Jumbo Group posted a 22.3 per cent drop in net profit to S$6.2 million for its first half ended Mar 31, 2026, from S$7.9 million in the previous...
Riverstone Q1 profit falls 27.1% to RM41.1 million on a stronger ringgit
Revenue for the first quarter is down 15.1% at RM214.3 million despite steady sales volumes[SINGAPORE] Glove manufacturer Riverstone Holdings posted a 27.1 per cent drop in net profit to...