Leadership
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a global restructuring exercise at...
Australian central bank cuts rates for first time since November 2020
Inflation has dropped from a peak of 7.8 per cent in December 2022 and now sits at 2.4 per cent, according to the RBAAUSTRALIA’S central bank cut its key...
Petronas mulls over US$1 billion loan for Malaysian LNG project
MALAYSIA’S Petroliam Nasional is in talks with banks for a potential loan to fund a liquefied national gas (LNG) project, according to sources familiar with the matter.The state-owned company,...
Tesla hires in India, signalling entry plans after Modi’s US trip
Tesla’s India intent follows Modi’s meeting with Musk and US President Donald Trump in Washington last weekTESLA is hiring in India, a sure sign it plans to enter the...
Temasek-backed Indian meat seller seeks US$2 billion IPO valuation
LICIOUS, a Temasek Holdings-backed online seller of meat and seafood in India, is seeking to become profitable as it prepares to list in 2026, adding to a slew of...
Sri Trang Agro-Industry swings back to black with Q4 profit of 854.3 million baht
RUBBER group Sri Trang Agro-Industry swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December, from a net loss of 422 million...
Thai Airways set to emerge from debt with plan to double fleet
FIVE years after Thai Airways International filed for bankruptcy protection, the state-controlled carrier’s court-appointed debt administrator Piyasvasti Amranand is planning an aggressive international expansion.Called out of semi-retirement in 2020...
Delta plane flips upside down at Toronto airport, injuring 18
A DELTA Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday (Feb 17) amid windy weather following a snowstorm, injuring 18 of the...
