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Shein, hit with big fines, boosts internal controls
The online fast-fashion retailer has grown to become the world’s biggest fast fashion retailer by sales [LONDON] Online fast-fashion retailer Shein is strengthening its controls after a string of...
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind[SINGAPORE] Seatrium on Friday (Oct 10) announced that it had received a termination notice...
US dollar mixed as yen sell-off wanes, euro hit by French politics
[NEW YORK] THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political...
Gold prices hit record high, nears US$4,000 per ounce mark on safe-haven demand
[BENGALURU] Gold prices climbed to an all-time high on Wednesday (Oct 8), nearing the crucial US$4,000-per-ounce level, bolstered by economic and geopolitical uncertainty and expectations of additional interest rate...
Golf stars gobsmacked as PGA Tour pair hit hole-in-ones hours apart on same hole
Matt Kuchar and Niklas Norgaard both aced the 183-yard par-three fourth at the Country Club of Jackson in Mississippi during the opening round of the Sanderson Farms ChampionshipMatt Kuchar...
Applied Materials warns of sales hit from latest curbs on China
The long-awaited rule seeks to prevent sanctioned companies from using affiliates to access restricted US goods[SAN FRANCISCO] Applied Materials, the largest US maker of machinery used to manufacture semiconductors,...
US: S&P 500, Nasdaq hit intraday record highs as rate-cut hopes trump shutdown jitters
[NEW YORK] The S&P 500 and the Nasdaq hit intraday record highs at market open on Thursday (Oct 2), on the back of renewed expectations for interest rate cuts,...
Musk becomes first person to hit US$500 billion net worth, Forbes list shows
[WASHINGTON] Elon Musk on Wednesday (Oct 1) became the first person to surpass US$500 billion in net worth, powered by a rebound in Tesla’s share price this year and...
