Fashion
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 as its group head...
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 lease at the Bukit Batok...
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 handsTHE Straits Times Index (STI) advanced on Tuesday (Feb 18), mirroring...
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 China’s top business leaders...
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 with the matter said on Tuesday (Feb...
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 global restructuring exercise at...
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 RBAAUSTRALIA’S central bank cut its key...
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 with the matter said.The South Korean company has...
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 sources familiar with the matter.The state-owned company,...
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 weekTESLA is hiring in India, a sure sign it plans to enter the...
