Leadership
Property tycoon Gordon Tang and wife’s takeover bid of Suntec Reit lapses without fulfilling 50% threshold
PROPERTY tycoon Gordon Tang and his wife Celine have failed to take over Suntec Real Estate Investment Trust (Reit), as their shareholding fell short of the 50 per cent...
Malaysia’s Petronas to ‘rightsize’ workforce to ensure survival: reports
MALAYSIA’S state energy firm Petronas will “rightsize” its workforce to ensure its long-term survival amid increasing challenges in the global operating environment, local media reported on Friday (Feb 7),...
China’s central bank maintains gold buying momentum in January
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on Friday (Feb 7).China’s gold...
Xiaomi hits fresh record high on China’s subsidy programme boost
XIAOMI’S shares surged to a fresh record in Hong Kong on Friday (Feb 7), as new product launches and benefits from China’s nationwide subsidy programme burnished the company’s sales...
ECB could face biggest personnel shakeup since 2019 this year
THE European Central Bank (ECB) is set to enter a new phase of unpredictability as the terms of seven of its 26 interest rate-setters end by December, marking its...
BYD shares soar 21% this week as traders await autopilot update
BYD’S shares recorded their best week since late 2020, as investor enthusiasm built ahead of the Chinese electric-vehicle maker’s keenly awaited update on its smart-driving technology.
The company’s Hong Kong-listed...
BYD shares soar 20% this week as traders await autopilot update
BYD’s shares are on track to record their best week since late 2020, as investor enthusiasm builds ahead of the Chinese electric vehicle (EV) maker’s keenly awaited update on...
Peter Kwee has been in the legal limelight this week. Who is he?
MOTORING tycoon Peter Kwee has been making the headlines this week. Here are four things to know about him: He made his money from car distributorshipsHe hit the big-time when...
