Business
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank…
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Business
Business
Clipped video of Taiwan's top China policymaker shared with out-of-context claim about Chinese tourists
Relations between Taipei and Beijing remain fraught but the head of Taiwan's top China policy body did not say in a circulating interview…
Business
China’s CATL to file for at least US$5 billion Hong Kong listing this week: sources
CHINESE battery giant CATL plans to file a Hong Kong listing application this week to raise at least US$5 billion, according to two…
Business
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
PARIS – Kering posted better-than-expected sales in the fourth quarter despite the continued freefall of its star brand Gucci, and chief…
Business
Paragon Reit jumps 11.8% on privatisation offer
This is after the manager announces that it received a S$0.98-per-unit privatisation offer from Times Properties UNITS of Paragon Real…
Business
Citigroup targets social finance deals in Asia as demand grows
Citi led 76 transactions in Asia last year, raising US$2.4 billion, according to the bank CITIGROUP said it expects social finance funding…
Business
BYD shares hit record high, trouncing Tesla’s stock this year
BYD shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle (EV) leader will…
Business
CDL Kiwi unit’s NZ$2.25-per-share offer ‘too low and inadequate’: M&C New Zealand
THE offer by City Development Limited’s (CDL) wholly owned subsidiary to take Millennium & Copthorne Hotels New Zealand (MCK) private at…
Business
Macquarie, HSBC to start talks to join Australia Post pact
Australia Post has one of the largest retail networks nationally and runs more than 4,000 post offices A TRIO of major lenders may join a…
Business
Singapore shares rise on Tuesday; STI up 0.3%
SINGAPORE shares began Tuesday (Feb 11) trading in positive territory as investors digested US President Donald Trump’s announcement that…
Business
Temasek-backed Cuscaden moves to privatise Paragon Reit at S$0.98 per unit
TIMES Properties, a wholly owned subsidiary of Cuscaden Peak Investments, is looking to take Paragon Real Estate Investment Trust (Reit)…
Business
Paragon Reit posts 10.4% lower H2 DPU of S$0.0233
THE manager of Paragon Real Estate Investment Trust (Paragon Reit) on Tuesday (Feb 11) posted a distribution per unit (DPU) of S$0.0233…
Business
Stocks to watch: Paragon Reit, GuocoLand, Keppel
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 11): Paragon Real Estate…
Business
McDonald’s profits dented by food poisoning outbreak
MCDONALD’S reported a dip in profits on Monday as it contended with lingering effects from a US food poisoning outbreak that depressed…
Business
Morgan Stanley sets US$3 billion X loan to tap into Musk mania
MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social media…
Business
Simon Property Plots Major Upgrade for Smith Haven Mall, Burnishing a ‘B’ Mall on Long Island
Zara, Sur la Table, Ford’s Garage burger and brewhouse and an updated food court are among the new retailers and features coming to the…
Business
DBG Group Acquires Full Ownership of MCoBeauty
Australian beauty brand MCoBeauty, best known for its affordable dupes, is now fully owned by billionaire Dennis Bastas’ DBG Group,…
Business
The RealReal Hits Financial Milestone With Adjusted EBITDA for 2024
The RealReal Inc. hit a financial milestone last year — and is looking to keep the momentum up. The resale company released preliminary…
Business
Millennial Workplace Demands Reshaping America
Millennials are shaking things up in the workplace, and it’s hard not to notice. They’re not just clocking in for a paycheck; they’re…
Business
BYD puts driver-assistance features in most of its cars for free
BYD will enable advanced driver-assistance features in almost all future models at no additional cost to buyers as part of a bid to…
Business
NFRA considers next steps in IL&FS audit notices case
The National Financial Reporting Authority (NFRA) is reassessing its strategy following a decision of India’s Delhi High Court that…
Business
Keppel’s new commercial property secures financial services company as anchor tenant
The Tanjong Pagar building features smart building management systems and renewable energy use ASSET manager Keppel’s new commercial…
Business
Nokia hires Intel’s AI executive as CEO in push for turnaround
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network…
Business
How Spain's economy became the envy of Europe
Spain attracts the second highest number of overseas visitors after France It's a chilly mid-winter afternoon in Segovia, in central…