Fashion
Britain eases rules for companies to raise funds
[LONDON] Britain’s revamped framework for raising capital came into force on Monday, aiming to make it easier and cheaper for listed and private companies to secure funds as it...
Micron says ‘unprecedented’ memory shortage to last beyond 2026
High-bandwidth memory required to make AI accelerators is “consuming so much of the available capacity across the industry[WASHINGTON] Nvidia supplier Micron Technology said an ongoing memory chip shortage has...
Sunway’s RM11 billion IJM bid questioned over Bumiputera rights
Sunway is largely controlled by Malaysian tycoon Jeffrey Cheah Fook Ling, who is ethnic Chinese[KUALA LUMPUR] Sunway’s proposed RM11 billion (S$3.5 billion) takeover of IJM is drawing political scrutiny...
Bank of Singapore appoints Collins Chin as global CFO
He takes up the new role after having been the head of investor relations at the bank’s parent, OCBC[SINGAPORE] The Bank of Singapore on Monday (Jan 19) announced that...
Petronas names new COO following Sarawak gas dispute: report
The company has also been struggling with declining profits and last year announced it was cutting around 10% of its workforce[KUALA LUMPUR] Petroliam Nasional (Petronas) has appointed Mohd Jukris...
Philippines makes first natural gas discovery in more than a decade
[MANILA] Philippine President Ferdinand Marcos Jr said on Monday gas and condensate had been found at a well close to the existing Malampaya gas field off the island of...
Billionaires’ wealth hits new peak as their clout grows: Oxfam
BILLIONAIRE wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political divides that threaten democratic stability, anti-poverty group...
Stocks to watch: Yangzijiang Maritime, SIA, AEM Holdings, Stamford Land, Keppel Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19): Yangzijiang Maritime : The maritime financial solution provider on Monday announced...
China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new homeCHINESE households are scouring for higher-yielding investments as roughly US$7 trillion in time deposits come...