Business
Fu Yu provides updates on probe into its supply chain arm
Fu Yu Corporation has confirmed that its unit’s US$3 million payment to a third party, that has been the subject of a probe, was made for…
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Business
Business
Westpac to hire hundreds of bankers in business lending push
It’s expanding this presence with three new service centres in regional New South Wales, Victoria and Tasmania Westpac Banking plans to…
Business
Asia fund beating 95% of peers is bullish on chip gear makers
Chinese chipmakers are trading at a four-year high versus their US peers, but a top fund manager still sees pockets of opportunity among…
Business
Singapore Paincare receives letters of claim worth S$350,000 to S$450,000
Medical services company Singapore Paincare has received letters of claim worth between S$350,000 and S$450,000, it said in a bourse…
Business
Amazon to invest NZ$7.5 billion in New Zealand data centres
Amazon has formally launched cloud services in New Zealand and dusted off a plan first announced in 2021 to invest more than NZ$7.5…
Business
Stocks to watch: ST Engineering, ComfortDelGro, Nio, Fu Yu Corp
The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 2): ST Engineering and…
Business
Japan Post Bank to launch digital yen in 2026
Japan Post Bank said it would launch a digital yen by the end of fiscal 2026 to make it more convenient for its depositors to make digital…
Business
Europe: Stoxx 600 ends higher on defence boost; Novo Nordisk jumps after Wegovy data
European shares finished marginally higher on Monday (Sep 1), supported by defence stocks, while Novo Nordisk gained after data showed its…
Business
Mizuho plans more dealmaking to become top Asia investment bank
Mizuho Financial Group is aiming to become Asia’s top investment bank by bolstering equity underwriting and M&A advisory, seeking to…
Business
Asian Markets Mixed as Japan Tech Slide Offsets China AI Strength
Asian markets started the week on a mixed footing, with Japan's Nikkei weighing on regional sentiment, but Chinese markets continued their…
Business
Revolut begins secondary share sale at US$75 billion valuation
The deal will cement the company’s status as one of the most valuable fintechs on the planet Revolut has kicked off a process for some…
Business
Airbus faces sprint to hit target after about 60 deliveries in August
Airbus needs to deliver planes at a record pace to reach its annual target after delivering about 60 aircraft in August, industry sources…
Business
Transparency and prudence guide ValueMax shares to record high
Shares of pawnbroker ValueMax have been on a tear. After a 33 per cent jump in 2024, the counter has climbed another 94.2 per cent so far…
Business
Leadership redefined: Strategic foresight, operational resilience take centre stage amid volatility
The best chief executive officers (CEOs) often exemplify strategic foresight, operational excellence, and an unwavering commitment to…
Business
Hands-on financial governance approach pays off for GVT
The Covid-19 pandemic struck soon after Robby Sucipto joined manufacturing services provider Grand Venture Technology (GVT) as chief…
Business
Tesla grabs top spot in market where almost all new cars are EVs
Tesla accounted for more than a fifth of new car sales in Norway in August, with electric cars as a whole accounting for 97 per cent of…
Business
MetaOptics eyes S$6 million in gross proceeds from IPO, to trade on SGX Catalist on Sep 9
Home-grown semiconductor optics startup MetaOptics intends to raise some S$6 million in gross proceeds from its initial public offering…
Business
Deutsche Bank puts India retail banking business up for sale
Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the…
Business
ComfortDelGro buys rest of CityCab shares for S$116.3 million from ST Engineering unit
Transport giant ComfortDelGro (CDG) acquired on Monday (Sep 1) all of ST Engineering Land Systems’ shares in taxi operator CityCab for a…
Business
Celebrating the Decline of Big Labor | National Review
For the first time, the share of U.S. workers who are union members has fallen below 10 percent. Source link
Business
Yangzijiang Shipbuilding leads gains; STI up 0.2%
The local bourse started the week on a positive note, contrary to cautious sentiments in regional markets. The Straits Times Index (STI)…
Business
India's strong economic growth fails to impress equity investors
India’s world-beating economic growth is failing to translate into gains for equity markets as weakening pricing power and US tariffs…
Business
Tesla cuts price of new Model 3 in China as moment of truth nears for variant strategy
Tesla cut the price of its new, longer-range Model 3 variant by nearly 4 per cent just before deliveries were set to begin, a move set to…
Business
‘Nikko’ cut from new name of US$260 billion Japanese asset manager
Nikko Asset Management is changing its name to Amova Asset Management, removing “Nikko” for the first time since it was founded in 1959 in…