Fashion
China says Taiwan seeks to give away chip industry to US
China said on Wednesday (Feb 26) that Taiwan was seeking to give away the island’s semiconductor industry to the United States as a “souvenir” and leverage it to seek...
Indonesia reaches pact with Apple, signalling end for iPhone ban
APPLE has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in South-east Asia’s largest nation.
The agreement...
China to start bank recapitalisation with at least 400 billion yuan
CHINA plans to start re-capitalising several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last...
The knights and pawns in CDL joust
This is not the first time a tussle has torn a rift in the company’s management Source link
HSBC names Asia country, banking heads in CEO’s major revamp
HSBC Holdings gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers. Peter Kim was appointed head of banking on top...
EY Australia to consider ‘targeted restructuring’ as difficult operating conditions persist
EY AUSTRALIA is considering cutting jobs as part of “workforce adjustments” to reflect challenging market conditions, with some targeted restructuring possible for “particular circumstances” in the near term, the...
Battle erupts between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL
A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Feb 25 with executive chairman Kwek Leng Beng publicly criticising his...
The unravelling of Hour Glass co-founder Jannie Chan’s fortunes
FETED at high-society events and billed as a poster girl for female entrepreneurship, Jannie Chan - erstwhile known as Jannie Tay - once graced pages of Tatler and The...
CDL calls for trading halt as it cancels results briefing
City Developments Limited (CDL) announced on Wednesday (Feb 26) morning that it is canceling its results briefing that was scheduled to be held on the same day, pending announcements.That...
Stocks to watch: OCBC, CDL, SingPost, Food Empire, SingLand, Aztech Global
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 26): OCBC: The lender on Wednesday reported a net profit of S$1.69 billion...
