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Battery-maker CATL considers Hong Kong listing to raise US$5 billion
CONTEMPORARY Amperex Technology Co Limited (CATL) is considering a second listing in Hong Kong that could raise at least US$5 billion, making it the city’s biggest since early 2021,...
Japan brokerages boost pay, perks for retirement-age staff
JAPAN’S biggest securities firms are raising pay and benefits for workers who reach retirement age, highlighting the urgency to retain talent in one of the world’s fastest-ageing countries.Workers who...
Gold at one-month low after Fed flags slower rate cut pace next year
GOLD prices languished near a one-month low on Thursday (Dec 19) after the US Federal Reserve indicated it would slow the pace of its monetary policy easing cycle next...
Bank of England set to skip rate cut as stagflation looms
THE Bank of England (BOE) is likely to warn of only gradual interest-rate cuts in 2025, ending the year with a cautious message to investors as the spectre of...
US backs off effort to recall about 50 million airbag parts
US AUTO safety regulators backed down from forcing a recall of about 50 million airbag inflators they have said could explode in a crash, de-escalating a fight that has...
Stocks to watch: Asia-Pacific Strategic Investments
THE following company saw developments that may affect the trading of its securities on Thursday (Dec 19): Asia-Pacific Strategic Investments: The Catalist-listed company has agreed to operate and manage...
Stocks to watch: Yeo Hiap Seng, Asia-Pacific Strategic Investments
THE following companies saw developments that may affect the trading of their securities on Thursday (Dec 19): Yeo Hiap Seng: The beverage manufacturer on Thursday said it would lay...
Apple halts effort to build iPhone hardware subscription service
APPLE has halted work on a project to build an iPhone hardware subscription service, according to sources familiar with the matter, retreating from an attempt to change the way...
US Supreme Court agrees to hear TikTok ban case
THE US Supreme Court agreed on Wednesday to hear TikTok’s appeal of a law that would force its Chinese owner to sell the online video-sharing platform or shut it...
Barclays annual bonuses expected to increase as much as 20%
BARCLAYS is set to increase annual bonuses by as much as 20 per cent in its investment bank after an improved year for traders and advisory teams.Staff in Barclays’...
Strong Singapore dollar, Malaysian, Thai medical tourism push a bitter pill for Singapore to swallow
Singapore healthcare players focusing on complex cases to attract higher-paying foreign patientsSINGAPORE’S position as the go-to medical hub in South-east Asia is under threat, amid a strong Singapore dollar...
