Fashion
Asian traders cheer US rate cut but gains tempered by outlook
MOST Asian markets rose on Thursday as traders welcomed the Federal Reserve’s third straight interest rate cut, though the euphoria was tempered by an indication officials could hold off...
Hong Kong IPO boom obscures sharp drop in underwriter fee rates
The booming overall pipeline means banks may be less inclined to cut fees to win business[HONG KONG] Investment banks are on track to take home their smallest slice of...
Malaysia’s long-awaited electric train service linking KL and JB makes its debut in preview run
[KUALA LUMPUR] Just before dawn broke on Dec 11, Malaysia’s new electric train service (ETS) linking Kuala Lumpur to Johor Bahru rolled out of the Kuala Lumpur Railway Station...
Noodle maker Leong Guan’s shares open 8.7% up from IPO price on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million[SINGAPORE] Shares of food manufacturing and distribution company Leong Guan Holdings opened 8.7 per...
Noodle maker Leong Guan’s shares close 4.3% higher on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million[SINGAPORE] Shares of food manufacturing and distribution company Leong Guan climbed 10.7 per cent...
Harvey Norman operator Ossia sets up new unit; buys leasehold property, Global Ten Realty
[SINGAPORE] Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property investment entities.Ossia Capital in turn...
Former Cathay cinema operator mm2 gets lifeline after High Court shields it from creditors for 4 months
[SINGAPORE] Former Cathay Cineplexes operator mm2 Asia has been given a lifeline after the High Court on Dec 10 allowed the company to be shielded from creditors and legal...
The world needs a lot more copper. But will there be enough supply?
The market has been hit by a slew of mine outages this year, from Chile to IndonesiaCOPPER is one of the world’s most ubiquitous metals, used in just about...
Coca-Cola names insider Henrique Braun as new CEO
COCA-COLA on Wednesday named insider Henrique Braun as its new CEO, replacing James Quincey, as packaged food companies try to adjust their strategies to consumers looking for healthier and...
Intel pursued deals that boosted CEO Tan Lip-Bu’s fortune: sources
Some chip-industry analysts have said in research notes that they welcomed Tan’s industry relationships.[SAN FRANCISCO] When the chairman of artificial intelligence (AI) chip startup Rivos wanted Intel to bid...
