Business
China’s SAIC, Huawei to partner in developing new smart EVs
CHINESE automaker SAIC Motor said on Friday (Feb 21) it would partner with tech company Huawei to develop new “globally competitive” smart…
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Business
Business
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the…
Business
Alibaba rockets more than 14% to boost Hong Kong market
SHARES in e-commerce titan Alibaba soared more than 14 per cent on Friday (Feb 21), extending a blistering rally in Hong Kong’s Hang Seng…
Business
EDB managing director Jacqueline Poh named JTC’s new CEO
THE Ministry of Trade and Industry (MTI) on Friday (Feb 21) announced that JTC Corporation will appoint a new chief executive officer.…
Business
Australian shares post worst week in 2½ years as bank stocks bleed
Australian shares closed lower on Friday (Feb 21), rounding off their worst week in nearly two-and-a-half years, as banking stocks went on…
Business
‘Neighbours’ Canceled Again, Ending Amazon’s Two-Year Revival
The long-running Australian soap opera “Neighbours” is set to end its run once again, with the final episode scheduled to air in December…
Business
Dubois vs Parker: British world champion out of fight with illness
Heavyweight Daniel Dubois' world-title defence against Joseph Parker on Saturday is off after the champion fell ill two days before the…
Business
StanChart CEO Winters’ 2024 pay jumps 46% on-year
The surge in total remuneration comes mainly from a nearly 78% increase in the long-term incentive award STANDARD Chartered chief…
Business
Abrdn in talks to launch China asset management venture with Citic unit: sources
ABRDN is in advanced talks with Citic Bank to launch an asset management joint venture in China, two sources with knowledge of the matter…
Business
Wellness CEO Henry Davis Takes Life One Quarterly Playlist at a Time
Set aside his trajectory as an investment-banker-turned-Glossier-president and now Sakara Life chief executive officer, Henry Davis still…
Business
BCEO Talks: Michelle Peluso, CEO of Revlon
Revlon‘s newly minted chief executive officer Michelle Peluso wants to make the company unforgettable — for all the right reasons. Taking…
Business
Malaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after…
Business
Jennie Taps Doechii for Red-Hot ‘ExtraL’ Single and Video
Jennie has shared her new Doechii-featuring single, “ExtraL,” the third single from the former’s forthcoming “Ruby” LP, out March 7. The…
Business
EXCLUSIVE: Zegna to Stage Show in Dubai, Villa Zegna in June
MILAN — “Luxury is about movement, evolution and embracing new perspectives,” according to Gildo Zegna, chairman and chief executive…
Business
Jefferies hires two senior traders from CLSA in Asia push
JEFFERIES Financial Group hired two senior traders from CLSA, building out in Asia-Pacific after its revenue in the region jumped last…
Business
StanChart reports 18% rise in annual profit, roughly in line with estimates
STANDARD Chartered reported on Friday its annual profit rose 18 per cent, roughly in line with analysts’ estimates, on strong performance…
Business
StanChart to return US$1.5 billion more as earnings beat
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates,…
Business
StanChart to return US$1.5 billion more as Q4 earnings beat estimates
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates,…
Business
BlackRock resumes talks with companies following SEC guidance
BLACKROCK has restarted its investment stewardship meetings with companies after a short pause used to assess new US Securities and…
Business
'Oldest horse' thrives on linseed cake and light exercise
Chris Page BBC News Ireland correspondent There's no better way for the horse believed to be the oldest in the UK to celebrate her 46th…
Business
IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…
Business
Rex International falls 19.5% to S$0.173 on heavy trading after profit warning
SHARES of oil exploration and production company Rex International fell on Friday (Feb 21) morning on heavy trading after the company said…
Business
Rex International falls 21.9% to S$0.168 on heavy trading after profit warning
SHARES of multinational oil exploration and production company Rex International fell on Friday (Feb 21) morning in heavy trading after…
Business
PBOC injects most short-term funds this month amid cash crunch
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwinds…