Business
Burberry Returns to FTSE 100 Blue Chip Index on London Stock Exchange
LONDON – Burberry is returning to the FSTE 100 on the London Stock Exchange, a year to the day after it fell out of the blue chip index…
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Business
Business
How Dutch startup Tap Electric is fixing EV charging chaos
Driving electric can be a pleasure, but charging often feels like a pain. Public facilities can be hard to find, prices swing wildly, and…
Business
Nasdaq proposes tighter listing rules for thinly traded stocks, China-based firms
Exchange operator Nasdaq proposed on Wednesday (Sep 3) stricter listing standards, including a higher minimum public float for certain new…
Business
PropertyGuru appoints Lu Yao as new Singapore managing director
PropertyGuru Group on Thursday (Sep 4) announced the appointment of Dr Lu Yao as its new managing director for Singapore. He replaces…
Business
PropertyGuru appoints Yao Lu as new Singapore managing director
PropertyGuru Group on Thursday (Sep 4) announced the appointment of Dr Yao Lu as its new managing director for Singapore. Dr Yao will…
Business
Malaysia's central bank holds key rate at 2.75%
Bank Negara Malaysia said its monetary policy stance was “appropriate and supportive of the economy amid price stability” — Malaysia’s…
Business
Malaysia’s central bank pauses rate cuts, signals confidence in economic outlook
Bank Negara Malaysia left its benchmark interest rate unchanged at 2.75 per cent on Thursday (Sep 4), noting that the global economy is…
Business
Thousands of Lloyds staff at risk of dismissal in performance overhaul: FT
British lender Lloyds Banking Group will put about 3,000 people deemed among the bottom 5 per cent of performers at risk of dismissal, the…
Business
Angela Rayner at risk of fine over stamp duty, say tax experts
Billy KenberPolitics investigations correspondent Deputy Prime Minister Angela Rayner is at risk of a fine from the tax authorities in…
Business
CJ ENM Expands Into India With Amazon MX Player K-Drama Deal
Korean entertainment powerhouse CJ ENM is making its first major push into India’s streaming market through a new content partnership with…
Business
Pertamina seeks US$2.5 billion loan as Indonesia dollar deals rise
The nation’s markets are just recovering after the social unrest, which has subsided, sparked a sell-off in stocks and bonds Indonesia’s…
Business
Kazakhstan v Wales: Horse riding and eating horse 'four ways' - Wales fans in Astana
Some have been horse riding, others have been eating horse "four ways". Even for the most seasoned 'Wales Away' veterans, Kazakhstan has…
Business
Chinese solar maker calls turning point for embattled industry
To help fix the industry, major firms intend to establish a fund of at least 50 billion yuan this quarter to purchase and shut down over…
Business
Asia: Markets tick up after Wall Street rebound
Asian stock markets were mostly up on Thursday morning, tracking gains made on Wall Street as a weak labour market report in the United…
Business
Japan’s Nidec shares sink 22% on fears of systematic accounting issues
Nidec’s shares plunged as much as 22 per cent, the most on record, after the Japanese electronic components maker found evidence that…
Business
Blackstone revamps Asia real estate unit as Miyasaki steps down
Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave,…
Business
Blackstone revamps Asia real estate unit as senior executive steps down
Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave,…
Business
China weighs curbs on stock speculation to foster steady gains
China’s financial regulators are considering a number of cooling measures for the stock market as they grow concerned about the speed of a…
Business
Gold holds firm near record high on US rate-cut expectations
Gold held steady on Thursday (Sep 4), hovering near all-time high hit in the previous session, buoyed by global uncertainties and…
Business
More Chinese companies looking to manufacture in Indonesia: OCBC
Chinese companies are increasingly looking to set up their manufacturing operations in Indonesia, instead of just exporting and…
Business
Instagram-style Xiaohongshu hits US$31 billion value in GSR books
XIAOHONGSHU’S valuation surged 19 per cent to US$31 billion in just three months during recent transactions via a major fund, underscoring…
Business
Prosecution, defence spar over request for evidence on how banks reacted to Hyflux power strategy
A war of words erupted between the prosecution and defence in the Hyflux criminal trial on Sep 3, following a surprise request by Senior…
Business
Bank Indonesia to raise interest paid on government deposits under ‘burden sharing’ deal
Indonesia’s central bank said it had agreed on a “burden sharing” arrangement with the government where it will raise the interest rates…
Business
KKR, Apollo fuel rush of private investment into Asia’s schools
Private money is pouring into schools in Asia as investors seek to turn a profit on the growing demand for quality education. The booming…