Fashion
Adidas headquarters raided in years-long tax investigation, company says
AUTHORITIES raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on Tuesday.Adidas said in a statement it has been in contact with...
HSBC raised fraud alarm that sparked collapse of fintech Stenn
A FINANCE firm backed by several influential Wall Street investors collapsed last week after HSBC Holdings discovered some of the company’s transactions may have been fraudulent.
The UK operating...
Aims Apac Reit to divest warehouse in Singapore for S$24.4 million
The sale price is a 32.5% premium to the property’s valuation as at Mar 31, 2024AIMS Apac Real Estate Investment Trust (AA Reit) is divesting a warehouse at 3...
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing path, while analysts assess the likely...
Global airlines forecast US$1 trillion 2025 revenue despite plane shortage
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US dollars and record passenger numbers, despite what its chief Willie...
Stellantis, China’s CATL to invest 4.1 billion euros in EV battery factory in Spain
STELLANTIS and Chinese battery maker CATL will invest 4.1 billion euros (S$5.8 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday...
SGX securities turnover value rises 51% in November; volume up 12%
THE Singapore Exchange’s (SGX) total securities market turnover value rose 51 per cent year on year (yoy) to S$30.2 billion for November, based on the bourse operator’s monthly market...
Crypto volatility picks up as Trump-fueled rally starts to fray
A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool.Bitcoin fell below US$95,000 at one point on Tuesday...
Crypto volatility picks up as Trump-fuelled rally starts to fray
A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool.Bitcoin fell below US$95,000 at one point on Tuesday...
Singapore Institute of Advanced Medicine Holdings flagged over uncertainties about staying afloat
External auditors note the presence of material uncertainties that could cast significant doubt on its ability to continue as a going concernTHE Singapore Institute of Advanced Medicine Holdings (SIAMH)...
