Culture
HSBC names Maggie Ng as Hong Kong CEO, predecessor to lead Hang Seng Bank
Asia-focused lender HSBC on Thursday (Sep 4) picked insider Maggie Ng as the chief executive of its Hong Kong arm, succeeding Luanne Lim…
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Culture
Culture
VinFast’s quarterly loss widens amid heavy spending on ambitious growth strategy
Vietnamese electric-vehicle maker VinFast on Thursday (Sep 4) reported a wider second-quarter net loss as it stepped up spending on global…
Culture
Google ruling shows how tech can outpace antitrust enforcement
The rapid pace of development in the world of tech, particularly in AI, spurred a judge’s cautious approach to curbing Google’s online…
Culture
Cambricon’s shares dive 14% after red-hot China AI rally cools
Cambricon Technologies shares tumbled by the most in nearly eight months after investors cashed out of one of the more spectacular Chinese…
Culture
Malaysian carmaker Proton launches first EV plant
Malaysian automaker Proton launched its first electric vehicle assembly plant on Thursday (Sep 4), as the South-east Asian nation looks to…
Culture
Singapore stocks climb on weak US jobs data, rate-cut expectations; STI up 0.2%
Stocks on the Singapore Exchange (SGX) rebounded on Thursday (Sep 4), tracking a mixed performance in Asian markets amid weak US jobs data…
Culture
ST Engineering will invest S$250 million to drive robotics solutions for complex challenges
ST Engineering is pouring S$250 million over the next five years into a programme that will drive physical artificial intelligence (AI)…
Culture
Nasdaq proposes tighter listing rules for thinly traded stocks, China-based firms
Exchange operator Nasdaq proposed on Wednesday (Sep 3) stricter listing standards, including a higher minimum public float for certain new…
Culture
PropertyGuru appoints Lu Yao as new Singapore managing director
PropertyGuru Group on Thursday (Sep 4) announced the appointment of Dr Lu Yao as its new managing director for Singapore. He replaces…
Culture
PropertyGuru appoints Yao Lu as new Singapore managing director
PropertyGuru Group on Thursday (Sep 4) announced the appointment of Dr Yao Lu as its new managing director for Singapore. Dr Yao will…
Culture
Malaysia's central bank holds key rate at 2.75%
Malaysia’s central bank held its benchmark interest rate steady at a review on Thursday (Sep 4), as widely expected by economists, amid…
Culture
Malaysia’s central bank pauses rate cuts, signals confidence in economic outlook
Bank Negara Malaysia left its benchmark interest rate unchanged at 2.75 per cent on Thursday (Sep 4), noting that the global economy is…
Culture
Thousands of Lloyds staff at risk of dismissal in performance overhaul: FT
British lender Lloyds Banking Group will put about 3,000 people deemed among the bottom 5 per cent of performers at risk of dismissal, the…
Culture
Pertamina seeks US$2.5 billion loan as Indonesia dollar deals rise
The nation’s markets are just recovering after the social unrest, which has subsided, sparked a sell-off in stocks and bonds Indonesia’s…
Culture
Lululemon bets on stars of F1 and golf to move past yoga roots
LULULEMON Athletica is embarking on a big marketing shift by betting on a roster of athletes to help pull the yogawear brand out of a…
Culture
Chinese e-commerce giants rush to Europe as Trump upends trade
Some of China’s biggest e-commerce and logistics companies, such as JD.com, are making a beeline to Europe’s warehouses once again, as US…
Culture
Qatar Airways plans expansion of China passenger, cargo flights
Qatar Airways QCSC will expand passenger flights and beef up its air cargo business in China as it looks to deepen ties to one of the…
Culture
Chinese solar maker calls turning point for embattled industry
To help fix the industry, major firms intend to establish a fund of at least 50 billion yuan this quarter to purchase and shut down over…
Culture
Asia: Markets tick up after Wall Street rebound
Asian stock markets were mostly up on Thursday morning, tracking gains made on Wall Street as a weak labour market report in the United…
Culture
Japan’s Nidec shares sink 22% on fears of systematic accounting issues
Nidec’s shares plunged as much as 22 per cent, the most on record, after the Japanese electronic components maker found evidence that…
Culture
Blackstone revamps Asia real estate unit as Miyasaki steps down
Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave,…
Culture
Blackstone revamps Asia real estate unit as senior executive steps down
Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave,…
Culture
China weighs curbs on stock speculation to foster steady gains
China’s financial regulators are considering a number of cooling measures for the stock market as they grow concerned about the speed of a…
Culture
Gold holds firm near record high on US rate-cut expectations
Gold held steady on Thursday (Sep 4), hovering near all-time high hit in the previous session, buoyed by global uncertainties and…