Fashion
Fortunes of Apac billionaires outstripped global wealth growth last decade: report
ASIA-Pacific’s (Apac) ultra wealthy had the fastest growing fortunes among billionaires across the globe over the last decade, a UBS report found on Thursday (Dec 5). The wealth of Apac’s billionaires...
Frasers Property alerted of scam accounts impersonating its subsidiaries
The group warns that these fraudulent accounts could attempt to solicit sensitive information from shareholders and the public under false pretensesFrasers Property was notified of the existence of unauthorised Telegram...
Latest Singapore six-month T-bill cut-off yield slips to 3%
This is down from the 3.08% offered in the previous auction that closed on Nov 21THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 3 per cent,...
FashionValet founders charged after sovereign wealth fund loss
MALAYSIAN prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company by two government-linked firms.Local influencers Vivy Yusof and her...
Temu told to suspend Vietnam operations, state media reports
CHINESE online retailer Temu has been told to suspend its operations in Vietnam after it failed to meet an end-November deadline for business registration in the South-east Asian country, Vietnamese...
Bitcoin tops US$100,000 for the first time on optimism over Trump crypto plans
BITCOIN rose above US$100,000 for the first time on Thursday (Dec 5) as the election of Republican Donald Trump as president of the United States spurred expectations that his administration...
Gold little changed; investors await US payrolls data
GOLD prices were little changed on Thursday (Dec 5) as investors awaited US payrolls data, due on Friday, for more cues on the Federal Reserve’s monetary policy path.Spot gold was...
STI rises 0.6% as banking shares make strong gains amid mixed Asia markets
SINGAPORE stocks were close to a record high on Thursday (Dec 5) morning, but eased by the close.The benchmark Straits Times Index (STI) rose 22.74 points or 0.6 per cent...
BOJ rate-hike bets retreat as traders count down to key meeting
Market expectations of a Bank of Japan (BOJ) interest rate hike this month sank after a local media report cast doubt on an increase, and the predictions hardly budged even...
Fed’s Powell expects good relations with Trump administration
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue lowering interest rates.“We...
