Business
Capital World says transactions linked to former subsidiary under probe
Property company Capital World said the Malaysian Anti-Corruption Commission (MACC) is investigating certain transactions made between…
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Business
Business
Thailand may yet embark on region’s most aggressive rate cuts
[BANGKOK, JAKARTA] The Bank of Thailand (BOT), which has long resisted interest-rate cuts despite immense political pressure, may end up…
Business
Stocks to watch: Prudential, Top Glove, ValueMax, Fu Yu, BlackGold Natural Resources
The following companies saw new developments that might affect trading of its securities on Friday (Mar 21). Source link
Business
Fu Yu’s largest shareholder makes new request to table motion to oust directors at AGM
Fu Yu Corporation said on Thursday (Mar 20) that it had received a new request from its largest shareholder Victor Lim to table…
Business
Geely’s profit triples, beating estimates, on strong sales
Geely Automobile Holdings’ full-year profit more than tripled, beating analyst estimates, after the carmaker increased sales volumes and…
Business
Temu-owner PDD’s revenue misses estimates as expansions slow
PDD Holdings’ revenue grew at a slower-than-expected pace of 24 per cent after intensifying domestic competition and US tariffs crimped…
Business
Argentina unions to strike against Milei on April 10
BUENOS AIRES (Reuters) - Argentina's largest umbrella union, the powerful General Confederation of Labor (CGT), announced on Thursday it…
Business
Apple shuffles AI executive ranks in bid to turn around Siri
Apple is undergoing a rare shake-up of its executive ranks, aiming to get its artificial intelligence (AI) efforts back on track after…
Business
Chinese electric car maker BYD aims for Europe boost
Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival…
Business
BYD vows to conquer Europe with new model, fast-charging capability
Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival…
Business
FedEx cuts profit outlook again amid mounting economic woes
FedEx lowered its full-year guidance for a third consecutive quarter as mounting economic uncertainty adds to sputtering demand already…
Business
Micron gives upbeat sales forecast after AI fuels demand
The company’s high-bandwidth memory, or HBM, has become a vital piece of AI systems Micron Technology, the largest US maker of computer…
Business
Nike sales beat estimates in new CEO’s first full quarter
CEO Elliott Hill is attempting to guide the company back to growth after a difficult year of falling sales and corporate layoffs Nike’s…
Business
Europe: Shares slip after global central banks flag economic uncertainty; Switzerland cuts rates
EUROPEAN shares closed lower on Thursday, after four sessions of gains, as investors booked some profits and assessed interest rate…
Business
US: Stocks edge lower as Fed rally falters
US stocks closed lower on Thursday, as a Fed-related rally lost steam, and traders looked ahead to the prospect of additional tariffs next…
Business
Volatile markets, heightened uncertainty may slow banks’ hiring: recruiters
The recent series of job cuts underscore the challenges lenders are grappling with; US banks’ layoffs could ripple through to Singapore…
Business
Singapore financial sector may cut hiring amid volatile markets, global bank layoffs
The recent series of job cuts underscore the challenges lenders are grappling with; US banks’ layoffs could ripple through to Singapore…
Business
Washington Post Alumni Urged Jeff Bezos to Replace CEO Will Lewis
In February, as morale at The Washington Post was reaching new lows, two of the newspaper’s most respected alumni decided to intervene,…
Business
Fannie Mae, Freddie Mac Regulator Puts 35 Workers on Leave
The newly appointed head of one of the nation’s top housing regulators is moving quickly to reshape not only the agency but also Fannie…
Business
Fox News Host Fantasizes About Executing Tesla Vandals
Fox News host Harris Faulkner invented a new crime—“terrorism plus”—for those caught setting Teslas on fire. She thinks the death penalty…
Business
Creditors file over S$198m in claims against troubled Qoo10, but only S$34,650 recovered
More than S$198 million in claims have been submitted by creditors to the liquidator of beleaguered online marketplace Qoo10, but only…
Business
Dollar higher as Fed signals no rush to cut rates, BOE holds rates steady
The dollar rose on Thursday (Mar 20) after the Federal Reserve indicated it was in no rush to cut rates further this year due to…
Business
ValueMax raises S$71.7 million through two digital securities commercial papers
Both papers were issued on Mar 3 and received “strong demand” from investors, says the company Pawnbroking chain ValueMax Group has raised…
Business
Bank of England keeps rates on hold
The Bank of England held interest rates at 4.5 per cent and warned against assumptions that they would be cut over its next few meetings…