Category: Business

Business

Shein Finally Got Its $26.5 Billion IPO — But Temu and TikTok Shop May Be the Bigger Problem

HONG KONG — Shein finally achieved something it had chased for years: a public stock-market listing. But instead of celebrating a triumphant arrival, the fast-fashion giant is confronting a much harder question from investors: Can the company that transformed online fashion keep growing now that many of the advantages behind its rise are disappearing? Shein began trading in Hong Kong on September 1 after years of unsuccessful efforts to list in New York and London. The company priced its shar

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Business

TESDA Is Expanding to 18 High-Tech Skills Centers — But Building Them May Be the Easy Part

MANILA, Philippines — The Philippine government is moving to expand and recalibrate a major TESDA modernization program designed to prepare Filipino workers for higher-skilled, technology-driven jobs, with a newly proposed training hub in the Negros Island Region set to bring the nationwide network to 18 Regional TVET Innovation Centers. The Investment Coordination Committee-Cabinet Committee (ICC-CC) has recommended key adjustments to the Supporting Innovation in the Philippine Technical and V

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Business

This Chinatown Antique Shop Turns Broken Heirlooms Into Lamps — But the Real Story Is Who’s Keeping the Craft Alive

In the middle of Singapore’s fast-changing Chinatown, one shop is betting that an old object does not have to remain trapped in the past. At East Inspirations, a decades-old antiques and lifestyle business along South Bridge Road, 72-year-old founder Cheong Poh Kwai, better known as PK, and his 37-year-old son Jacob Cheong are keeping old objects relevant by transforming some of them into functional pieces for modern homes. That can mean turning damaged porcelain into a table lamp. Or giving a

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Business

‘Supersized’ El Niño Threatens Global Economy With Food, Energy and Inflation Shock Into 2027

A rapidly strengthening El Niño could become one of the most powerful on record, putting crops, food prices, energy systems and vulnerable economies under pressure just as the world faces another period of economic uncertainty. GENEVA — A powerful El Niño gathering strength across the tropical Pacific is no longer just a weather story. It is increasingly becoming an economic one. The World Meteorological Organization warned on September 3 that El Niño is now firmly established and is expected

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Business

Women Drove 98% of America’s Job Growth in August — But the Number Hides a Surprising Catch

WASHINGTON — America’s surprisingly strong August jobs report came with an extraordinary statistic buried beneath the headline: women accounted for virtually all of the net jobs added to U.S. payrolls. Women’s nonfarm payroll employment jumped by 158,000 positions in August, representing roughly 98% of the economy’s total 162,000-job increase, according to Bureau of Labor Statistics data analyzed by CNBC. Men, by comparison, accounted for a net gain of only about 4,000 jobs. The imbalance is s

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Business

BOI, NDC Bring Investment Services to Marikina’s Startup Hub — But the Bigger Opportunity Could Come After the Kiosk Goes Live

MANILA, Philippines — Marikina’s push to become a bigger center for startups and investment is getting another boost, with the Board of Investments (BOI) and National Development Company (NDC) moving to bring government investment services directly inside the city’s Philippine Innovation Hub. Under a newly signed memorandum of understanding, the two agencies will establish a government One-Stop Shop through a self-service digital kiosk at the Philippine Innovation Hub–Marikina Enterprise Center

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Business

Singapore Tech Acquisitions Hit 11 as IPOs Disappear — But Billions Are Still Pouring Into Startups

SINGAPORE — September 4, 2026 — Singapore’s technology sector is showing two very different faces. On one side, acquisition activity accelerated, with 11 tech companies completing acquisitions during Tracxn’s Q3 2026 reporting window. On the other, the sector recorded no IPOs and no new unicorns during the period. The contrast is striking: investors are still committing billions of dollars to Singapore’s technology ecosystem, but startups appear to be finding exits and capital through private

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Business

88% of Singapore B2B Marketers Say Growth Depends on Younger Buyers — But Trust Is Becoming the Real Currency

SINGAPORE — September 4, 2026 — Singapore's business-to-business marketing landscape is entering a generational turning point, with nearly nine in 10 B2B marketers saying their companies' future growth depends on winning over younger decision-makers. According to new research commissioned by LinkedIn, 88.2% of Singapore B2B marketers surveyed said future growth depends on influencing younger buyers, including Gen Z and Millennials. But the research points to an important shift: younger B2B buy

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Business

Yangzijiang Shipbuilding Surges 4.66% as STI Rallies — But Its Massive Order Book Is the Bigger Story

SINGAPORE — September 4, 2026 — Singapore stocks finished sharply higher on Friday, with the Straits Times Index (STI) climbing 0.94% to 5,801.96 as investors took renewed comfort from shifting expectations over US interest rates. But one blue-chip stock stood out. Yangzijiang Shipbuilding (Holdings) Ltd. rose 4.66%, or S$0.22, to S$4.94, making it the strongest gainer among STI constituents and the most active stock by trading activity, according to Singapore Business Review and The Business

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Business

Wonderful Hi-Tech Is Riding the AI Server Boom — But Its 800V and Liquid-Cooling Cables Could Be the Bigger Prize

TAIPEI — Taiwan’s Wonderful Hi-Tech Co. is riding the artificial-intelligence infrastructure boom, but its next growth phase could extend far beyond the high-speed cables connecting GPUs inside AI servers. The New Taipei City-based cable and connector manufacturer says demand is accelerating across AI servers, 800-volt data-center power systems, liquid cooling, low-Earth-orbit satellites, robotics and drones — a widening portfolio that could transform what was once a traditional cable business

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