Mike Ashley's Frasers offers £1.73bn to buy all of Hugo Boss

Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend

A raft of companies has been shifting operations to Malaysia from Singapore in recent months, illustrating a broader trend of global mobility that has firms seeking jurisdictions with lower costs, tax incentives and access to larger markets. Apparel giant H&M announced in May that it would relocate its Southeast Asian headquarters from Singapore to Kuala Lumpur, affecting 78 positions. Meanwhile Heineken said in March that it would move large-scale production for its Asia Pacific Breweries...

US Launches Second Round of Strikes on Iran

Global Junk Debt Flashes Warning on Growing Risk of Stagflation

Westpac Mortgage Applications Fall as Tax Changes Sap Demand

The Westpac Banking Corp. logo displayed at a branch in Sydney, Australia, on Wednesday April 29, 2026. Westpac Banking is scheduled to release earnings on May 5.