Culture

Asia: Markets rally as Chinese stocks selloff eases
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial regulators could intervene to slow the dumping.Chinese stocks’...

Why China’s world-beating stock rally is making investors anxious
WHEN a quiet resurgence in Chinese equities developed into a world-beating rally, it took many seasoned market watchers by surprise. There’s little sign of a revival in spending by consumers...

BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managersPublished Thu, Sep 4, 2025 · 10:35 PM[NEW YORK] Citigroup said on Thursday (Sep 4)...

PropertyGuru appoints Lu Yao as new Singapore managing director
[SINGAPORE] PropertyGuru Group on Thursday (Sep 4) announced the appointment of Dr Lu Yao as its new managing director for Singapore.He replaces former managing director and chief executive officer...

Chinese solar maker calls turning point for embattled industry
To help fix the industry, major firms intend to establish a fund of at least 50 billion yuan this quarter to purchase and shut down over one million tonnes...

McDonald’s exits restaurant group as wage rift divides industry
The association has said that tipped workers often make much more than minimum wagePublished Thu, Sep 4, 2025 · 07:27 AM[CHICAGO] McDonald’s pulled out of the trade group that...

Unilever CEO plans shakeup of top 200 managers in overhaul
Published Wed, Sep 3, 2025 · 11:07 PM[LONDON] Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance review,...

Tesla’s sales collapse continues in Europe’s biggest EV markets
Published Wed, Sep 3, 2025 · 08:09 PM[FLENSBURG] Tesla’s sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share in...

GE Aerospace’s Singapore and Malaysia projects to enjoy ‘significant portion’ of new US$75 million investment
[SINGAPORE] Aviation giant GE Aerospace on Wednesday (Sep 3) announced plans to invest US$75 million across its Asia-Pacific (Apac) maintenance, repair and overhaul (MRO) and component repair facilities, through...