Business
Aoxin Q&M’s ex-CEO accused of taking 15 million yuan via improper loans, sham share deals
The audit committee has ‘reasonable evidence’ that four whistleblower reports received by the board are credible The audit committee of…
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Business
Business
Clip of strong winds in Vietnam falsely shared by Thai users to taunt Cambodia
After major storms caused flooding in parts of Southeast Asia, a video of people battling strong winds surfaced in Thai social media posts…
Business
Singapore stocks end flat amid regional rally amid US rate cut expectations
Local stocks ended flat on Monday (Sep 8) while Asian markets rallied amid expectations that the US will cut rates in September, given a…
Business
China can’t be counted on to absorb global crude surplus as Opec+ bumps up production: market watchers
Crude could trade at below US$60 a barrel by end-2025 as the world’s largest oil importer slows down stockpiling The crude oil market is…
Business
China’s e-commerce companies are getting singed by a price war
The bitter battle among China’s major online companies to win the “instant retail” war is expected to further depress their short- to…
Business
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
Chinese lines Cosco Shipping Holdings and Orient Overseas (International) could be hit by US port fees amounting to more than US$2.1…
Business
Cosco Shipping, Orient Overseas could be staring at over US$2.1 billion in US port fees: HSBC
This could erode 74% and 65% of consensus Ebit margin forecast for FY2026 for Cosco Shipping Holdings and Orient Overseas (International),…
Business
Bank Indonesia, government allay concerns that 'burden sharing' deal will reduce independence
Indonesia’s government and central bank sought to allay concerns on Monday (Sep 8) about their unusual collaboration to fund government…
Business
Alibaba is No 1 for China traders ploughing HK$13.5 billion in stock
Renewed optimism over Alibaba Group Holding’s potential in artificial intelligence has turned the stock into Chinese investors’ favourite…
Business
ECB set to hold rates steady with eye on France crisis
The European Central bank (ECB) is expected to hold interest rates steady again this week with inflation under control and US tariff…
Business
Still ‘more things to be done’ to reap synergies across OCBC: deputy CEO Tan Teck Long
OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated…
Business
Still ‘more things to be done’ to reap synergies across OCBC: CEO-designate Tan Teck Long
OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated…
Business
Competition watchdog launches public consultation on TPG’s proposed privatisation of Econ Healthcare
The Competition and Consumer Commission of Singapore is inviting feedback from Monday to Sep 19, 5 pm The country’s competition watchdog…
Business
Competition watchdog seeks public’s views on TPG’s proposed privatisation of Econ Healthcare
The Competition and Consumer Commission of Singapore is inviting feedback from Monday to Sep 19, 5 pm The country’s competition watchdog…
Business
China’s commodities imports rise as seasonal demand revives
China’s commodities imports broadly rose in August as buyers geared up for the increase in industrial activity that usually accompanies…
Business
Rick Davies: Supertramp Co-Founder and Singer Dies Aged 81 After Battle with Cancer as Tributes Pour In
Rick Davies, the legendary musician who co-founded the British rock band Supertramp, has died at the age of 81. Davies died peacefully at…
Business
Asia: Shares rise as Japan politics weigh on yen
Asian markets rose on Monday (Sep 8), with Tokyo up nearly two per cent after Japanese Prime Minister Shigeru Ishiba’s decision to resign…
Business
Singapore-Johor SEZ helps southern state beat Singapore, Malaysia’s growth: DBS
The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, according to a DBS report released on Thursday (Sep 4). The…
Business
Johor-Singapore SEZ helps southern state beat Singapore, Malaysia’s growth: DBS
The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, based on a DBS report released on Thursday (Sep 4). The…
Business
mm2 Asia Malaysia unit gets RM1.3 million payment demand from Antenna Entertainments
Media company mm2 Asia on Friday (Sep 5) announced that its subsidiary in Malaysia, MM2 Screen Management, has received a payment demand…
Business
Indonesia bonds set to extend edge over India on rate-cut bets
Investors are favouring Indonesian sovereign debt over Indian bonds in the contest between Asia’s two traditional high-yield markets.…
Business
Gold hovers near record high on US rate-cut expectations
Gold prices held firm near an all-time high on Monday (Sep 8), inching closer to a key US$3,600 level, bolstered by mounting expectations…
Business
CapitaLand Commercial C-Reit offering size 7% higher than estimated at 2.3 billion yuan
CapitaLand China Trust (CLCT) will subscribe for 5 per cent of the 2.3 billion yuan (414.6 million) offering in the listing of its…
Business
CapitaLand Commercial C-Reit sets Shanghai IPO offering at 2.28 billion yuan, 7% up from earlier estimate
CapitaLand China Trust (CLCT) will subscribe for 5 per cent of the 2.3 billion yuan (414.6 million) offering in the listing of a Shanghai…