Business
Asia: Tech rally helps Hong Kong lead markets higher
HONG Kong resumed its tech-led rally on a healthy day for Asian markets on Tuesday (Feb 18) as a meeting between President Xi Jinping and…
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Business
Business
China’s Sany Heavy Industry aims to raise up to US$1.5 billion in planned Hong Kong listing: sources
CHINESE manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two sources familiar…
Business
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a…
Business
Diesel, Maison Margiela, DTC Offset China, Wholesale 2024 Slowdown at OTB
MILAN — Several changes have been taking place within the OTB Group over the last year and in early 2025, and chief executive officer…
Business
30-Million-Year-Old Hypercarnivore Skull 'Dream Find' For Paleontologists
In Fayum, Egypt, where now lies a barren desert, a lush forest once stood, teeming with life. Paradise for all creatures therein, however,…
Business
Australian central bank cuts rates for first time since November 2020
Inflation has dropped from a peak of 7.8 per cent in December 2022 and now sits at 2.4 per cent, according to the RBA AUSTRALIA’S central…
Business
Honda ready to revive takeover talks if Nissan CEO Uchida leaves: report
Nissan’s board of directors has also started informal discussions regarding the timing of Uchida’s departure HONDA Motor will resume talks…
Business
TPG proposes to privatise Econ Healthcare in S$88 million deal
US private equity firm TPG, through its special purpose vehicle, is looking to take Catalist-listed nursing operator Econ Healthcare…
Business
Singapore shares open flat on Tuesday
SINGAPORE shares started trading flat on Tuesday (Feb 18). As at 9.02 am, the Straits Times Index (STI) opened 0.03 point higher at…
Business
RBNZ set to deliver third half-point rate cut to revive economy
NEW Zealand’s central bank is set to deliver its third big interest-rate cut in a row and signal further reductions this year to rekindle…
Business
Shein executive seeks to reassure investors after Trump crackdown on low-value imports
FAST-FASHION retailer Shein’s executive chairman Donald Tang told investors in a letter on Monday (Feb 17) that “growth remains strong”…
Business
Stocks to watch: Sri Trang Agro-Industry, Sri Trang Gloves, Oiltek International, Aoxin Q&M
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 18). Sri Trang Agro-Industry: The…
Business
Japan’s historic rate shift is turbo-charging the credit market
JAPAN’S corporate bond market is booming, as an economic rebound and plans to get ahead of higher interest rates encourage a flurry of…
Business
BHP sees recovery in steel and copper demand, logs lowest profit in six years
BHP sees signs of economic recovery in China and central bank rate cuts reviving demand for steel and copper but flagged risks to global…
Business
Southwest Airlines to cut 15% of corporate jobs in first-ever layoffs
SOUTHWEST Airlines will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in…
Business
Renault, Geely deepen partnership with Brazil car sales plan
The latest agreement gives Geely better access to South America’s biggest economy RENAULT and China’s Zhejiang Geely Holding Group plan to…
Business
New UPS air route targets trade from France to Hong Kong
A Boeing 747-8 freighter is guided to its parking stall at Paris Charles de Gaulle Airport. UPS has begun operating five cargo flights per…
Business
Argentine judge investigates fraud case against President Milei over crypto promotion
BUENOS AIRES, Argentina (AP) — A judge in Argentina was selected Monday to investigate allegations of fraud against President Javier Milei…
Business
Germany argues for limits to EU defence spending exemption
German Finance Minister Jörg Kukies on Monday argued that countries such as Italy, Spain and Belgium should not be able to benefit from…
Business
Edward Enninful Launches Media, Entertainment Company With Sister Akua Enninful
LONDON – Edward Enninful has a new project in the works, a global media and entertainment company called EE72 which he’s founded with his…
Business
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31,…
Business
Net-a-Porter Sets China Exit Deadline on March 20
Net-a-Porter’s China operation Fengmao, a joint venture between Alibaba and Yoox Net-a-porter, will be terminated on March 20, the…
Business
Singapore’s financial sector looks to internal hiring, reskilling and flexible structures to fill manpower gaps
AMID high-profile layoffs that have hit some global banks, financial-services firms are still grappling with a shortage of good talent.…
Business
Oiltek applies to transfer listing to SGX mainboard
The company says the shift could result in better liquidity and improved share performance VEGETABLE and edible oil engineering process…