News
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since 2020[BEIJING] China’s crackdown on borrowing by...
VinFast to invest US$500 million in India to expand manufacturing
The company plans to increase production to 150,000 annually within a year and double it in the next three years[DELHI] VinFast Auto, Vietnam’s largest carmaker, plans to invest US$500...
Gold steady as rising yields offset dollar weakness; PCE data eyed
[BENGALURU] Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US inflation data later in...
Liu Chang: The reluctant heiress who saved her father’s agriculture empire
The “young” Liu has already been with New Hope Group, founded by her father Liu Yonghao, for 23 years.“I’M NOT like the heroes of the founding generation, I don’t...
Almost one-third of firms on regional list of top employers have Singapore presence
The markets are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam[SINGAPORE] Almost one-third, or 32, companies on a list of the top 100 employers to...
Capella, Micron, DHL, ST Telemedia: Almost one-third of firms on regional list of top employers have Singapore presence
The markets are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam[SINGAPORE] Almost one-third, or 32, companies on a list of the top 100 employers to...
Big shift in AI stock trade drives hunt for new stars in Asia
Rather than completely abandon the AI trade, investors are moving to other stocks[HONG KONG] The hunt is on for new Asian equity winners from the artificial intelligence (AI) trade,...
Chaos after India’s biggest airline cancels 1,200 flights
The disruption is another setback to the no-frills carrier, which has built its reputation on punctuality[NEW DELHI] Chaos gripped Indian airports on Thursday (Dec 4) after the country’s biggest...
Microsoft to lift productivity suite prices for businesses, governments
The company says that the changes reflect more than 1,100 new features added across Microsoft 365[BENGALURU] Microsoft will increase prices for its Microsoft 365 productivity suites globally starting July...
Indexes end near flat, supported by Fed hopes but dragged by Amazon
Markets are pricing in an 87% chance the central bank will cut rates by 25 basis points this month[BENGALURU] US stocks closed near the unchanged mark on Thursday (Dec...
