Business
DBS names new heads of operations, and corporate and SME banking
SINGAPORE’S largest lender DBS named on Tuesday (Feb 18) its two picks for the group head of its corporate and SME banking unit, as well…
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Business
Business
Lights, camera, adios: Indebted Cathay Cineplexes to shutter West Mall outlet
ROLL the end credits – beleaguered cinema chain Cathay Cineplexes is closing its West Mall outlet on Thursday (Feb 20), the same day its…
Business
Lights, camera, adios: Struggling Cathay Cineplexes to shutter West Mall outlet
ROLL the end credits – beleaguered cinema chain Cathay Cineplexes is closing its West Mall outlet on Thursday (Feb 20), the same day its…
Business
Singapore shares track regional gains on Tuesday; STI up 0.5%
Across the broader market, gainers beat losers 322 to 231, after 1.4 billion securities worth S$1.4 billion change hands THE Straits Times…
Business
Shout! Studios, Plaion Collar Family Mystery ‘Pet Investigators’ at EFM (EXCLUSIVE)
Shout! Studios has acquired North American distribution rights to family adventure feature “Pet Investigators” from indie European…
Business
UK wages continue to outpace inflation, figures show
Average wages are continuing to outpace inflation with pay packets rising for both the public and private sector workers, official figures…
Business
Caldicot head teacher Alun Ebenezer: 'We must stop mollycoddling kids'
Bethan Lewis Education & Family Correspondent, BBC Wales News Saturday detentions have been introduced by the new head of Caldicot School…
Business
EXCLUSIVE: Biomaterial Company Gozen Scales Up Lunaform Production With New Factory
PARIS – Biomaterial company Gozen, which is behind the Lunaform material, has opened the doors to its new 40,000-square-foot production…
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…
Business
PEC receives privatisation proposal of S$0.64 per share and S$0.20 per share via special dividend
ALLIANCE Energy Services is proposing to take engineering company PEC private by way of a scheme of arrangement for S$0.64 per share in…
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
Aussie “Big Four” banks cut rates, mirroring central bank
AUSTRALIAN “Big Four” lenders cut their interest rates by 25 basis points on Tuesday (Feb 18), in tandem with the central bank cutting its…
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
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
LG kicks off roadshows for US$1.5 billion India IPO
LG ELECTRONICS has started roadshows to meet potential investors in the initial public offering (IPO) of its Indian unit, sources familiar…
Business
Petronas mulls over US$1 billion loan for Malaysian LNG project
MALAYSIA’S Petroliam Nasional is in talks with banks for a potential loan to fund a liquefied national gas (LNG) project, according to…
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
Tesla hires in India, signalling entry plans after Modi’s US trip
Tesla’s India intent follows Modi’s meeting with Musk and US President Donald Trump in Washington last week TESLA is hiring in India, a…
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
Virgin overtakes Qantas as Australia’s largest domestic airline
VIRGIN Australia overtook Qantas Airways to become Australia’s largest and most reliable airline at the end of last year, sending a…
Business
Temasek-backed Indian meat seller seeks US$2 billion IPO valuation
LICIOUS, a Temasek Holdings-backed online seller of meat and seafood in India, is seeking to become profitable as it prepares to list in…
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 points higher at…
Business
Golfer Ludvig Aberg Wins $4 Million Genesis Invitational Prize Wearing Rolex Watch and Adidas, Girlfriend Olivia Peet and Tiger Woods Celebrate
Ludvig Åberg won the top prize at The Genesis Invitational on Sunday. He won the four-day tournament by one shot, taking home a $4 million…