Culture
Bankers see Asia deal drought easing as Hong Kong IPOs pick up
AFTER a lean couple of years, bankers in Asia are seeing signs of a recovery in initial public offerings (IPOs).The number of Chinese firms considering public flotations in Hong...
Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report
CONSUMER brands including Nestle and Procter & Gamble (P&G) said they conducted investigations after an environmental group said palm oil sourced from an illegally cleared wildlife reserve in Indonesia...
US opens probe into 1.4 million Honda vehicles over engine issues
THE National Highway Traffic Safety Administration (NHTSA) said on Monday (Nov 11) that it is opening a probe into 1.4 million Honda vehicles after reports of serious engine issues.Honda...
Lui Che Woo, casino tycoon who hit jackpot in Macau, dies at 95
LUI Che Woo, the Hong Kong tycoon whose fortune grew alongside neighbouring Macau’s casino industry, has died. He was 95.
He died on Nov 7, according to a statement released...
Riverstone Q3 earnings rise 21.8% to RM72.2 million
Glovemaker’s revenue for the period also up by 33.9%, driven by increased production volume and higher average selling pricesGLOVEMAKER Riverstone Holdings reported a rise of 21.8 per cent in...
China’s October new lending tumbles more than expected despite policy support
NEW bank lending in China tumbled more than expected to a three-month low in October, as a ramp-up of policy stimulus to buttress a wavering economy failed to boost...
Chip equipment maker ASMPT ends takeover talks with potential suitor
HONG Kong-listed ASMPT, a global provider of technology and equipment used in the manufacture of chips, said on Monday (Nov 11) it has ended takeover talks with a potential...
Avarga receives S$0.25 per share offer from its executive chairman
Tong Kooi Ong intends to carry on the existing business of the company, but may consider other opportunities that may come upPAPER manufacturing and building materials distributor Avarga has...
Thai panel picks government’s candidate for central bank board chair: govt sources
A THAI panel on Monday (Nov 11) picked ruling party loyalist and former Finance Minister Kittiratt na Ranong to chair the central bank’s board, two government sources said, choosing...
Australia nears deal with ANZ to stop bank closures in the Pacific
AUSTRALIA is in the final stages of talks with ANZ Group over a deal to maintain the bank’s branches across the Pacific, Treasurer Jim Chalmers said on Monday (Nov...
