Business
Hong Leong Asia proposes spinning off Guangxi Yuchai Marine and GenSet Power on HKEX
But the group cautions that the listing is still subject to requisite approvals from the relevant regulatory authorities Hong Leong Asia…
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Business
Sasseur Reit rejects Xi’an mall offer from sponsor, targets South-east Asia for growth
Manager notes proposed acquisition will result in material dilution of DPU and NAV per unit, based on reasonable funding costs assumption…
Business
Can the University of Austin Be Replicated? | National Review
Its slimmed-down finances could prove as significant as its curriculum. Source link
Business
Increased AI automation can worsen gender inequality in the workplace: report
Study by non-profit advocacy group finds that young women are the most vulnerable to being displaced by the tech As artificial…
Business
AI boom risks widening gender gap at work, with Gen Z women most exposed: report
Study by non-profit advocacy group finds that young women are the most vulnerable to being displaced by the tech As artificial…
Business
AI boom risks widening gender gap at work, with Gen Z women most exposed: Apac report
Achieving gender equity requires technology and HR teams to work in tandem, says co-founder of advocacy group As artificial intelligence…
Business
Vietnam Sets Up Securities-Based Framework for Domestic Carbon Trading Ahead of Pilot Launch
Vietnam has introduced a comprehensive legal and institutional framework for its domestic carbon market, integrating the trading of carbon…
Business
STI breaches 4,900; DBS, OCBC, UOL, Jardine Matheson end at record highs
Singapore shares breached the 4,900 mark on Tuesday (Jan 27), with the record-breaking momentum buoyed by overnight gains on Wall Street,…
Business
KKR sells Goodpack back to founding Lam family: source
Reusable bulk container provider Goodpack has switched hands once again, with KKR selling its stake back to the founding Lam family in a…
Business
Tax transparency and trust in the business ecosystem
Transparency has evolved into a defining pillar of good governance and public accountability MULTINATIONAL corporations worldwide are…
Business
Posts falsely claim Bangladesh train station clip shows Muslims sabotaging Indian train
A video of children tinkering with the coupling of a stationary train has spread among social media posts in Hindu-majority India, where…
Business
JD.com’s Jingdong Property files for Hong Kong IPO
Jingdong Property, a Chinese logistics infrastructure manager majority owned by e-commerce major JD.com, has filed for an initial public…
Business
Malaysia, Mexico most at risk from Japan carry unwind, HSBC says
Traders are on guard for increased volatility in markets ahead of an election on Feb 8 Bond markets in Malaysia and Mexico are among the…
Business
Malaysian retailer MR DIY outperforms South-east Asia peers
A major boost for the sector is coming from the government’s cash payout of RM100 to adult citizens, spendable at selected retailers and…
Business
HSBC to close Raffles Place branch on Feb 28
The bank has three other wealth centres in the city-state HSBC Holdings will close a key retail branch in Singapore’s financial district…
Business
HSBC to shut Raffles Place branch amid deeper push into wealth management
Holdings will close a key retail branch in Singapore’s financial district and open a wealth centre at the same building, as the lender…
Business
Micron invests US$24 billion to expand Singapore manufacturing complex; 1,600 jobs to be created
This brings the company’s total investments in Singapore to around US$60 billion Semiconductor giant Micron Technology broke ground on…
Business
Chandra Asri gets US$250 million loan to fund equity in Esso deal
The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions…
Business
Shipbuilder Nam Cheong rises 9.3% on US$19.8 million vessel sale
The 11-year-old, 3,000 deadweight tonnage vessel was sold to an Indonesian customer Shares of Nam Cheong rose S$0.10 or 9.3 per cent in…
Business
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said…
Business
Apollo took loss on zeroed out asset-backed loan deemed safe
Other investors have lost hundreds of millions of US dollars in recent years betting on e-commerce aggregators Apollo Global Management…
Business
STI breaks 4,900 amid expectations for Fed to hold rates steady
The Straits Times Index (STI) broke new ground on Tuesday (Jan 27) morning and crossed the 4,900 threshold for the first time. As at 9.10…
Business
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation The US dollar still dominates global…
Business
UOL rises 6.7% after JPMorgan target price upgrade
Shares of UOL Group climbed on Tuesday (Jan 27) morning after JPMorgan raised its target price for the property developer on the back of…