Leadership
China’s central bank chief signals support for economy in 2025
CHINA’S central bank governor reaffirmed plans for a supportive monetary policy to promote growth next year, as the economy faces fresh challenges from a looming trade war with the...
Societe Generale on sales hiring push in Tokyo amid bond market revival
SOCIETE Generale has hired four senior salesmen in Japan as it seeks to capitalise on the country’s invigorated bond market along with local banks’ appetite for higher-yielding investments.Former NatWest...
Bank of Japan weighs case for first triple hike since Japan’s bubble burst
BANK of Japan (BOJ) governor Kazuo Ueda has plenty of data to support the case for raising the benchmark rate in December, an outcome that would mark the first...
Stocks to watch: Yangzijiang Shipbuilding, CapitaLand Investment, Dasin Retail Trust, Sembcorp Industries
THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 3):Yangzijiang Shipbuilding: The maritime vessel maker announced on Monday that it had secured another...
Big Pharma’s bet on China biotech is a rare trade bright spot
AT A time when geopolitical tensions are hitting industries from semiconductors to electric vehicles, pharmaceutical dealmaking has become a rare bright spot for collaboration between China and the West....
Microchip says it will shut Arizona plant, updates outlook
MICROCHIP Technology, a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona, affecting about 500 employees.The company also said...
Castle Water to offer £4 billion equity to rescue Thames Water
Castle Water will offer to inject £4 billion (S$6.82 billion) into Thames Water this week to help save the beleaguered utility from administration, according to a person familiar with...
CapitaLand Malaysia Trust to acquire Selangor logistics property for RM180 million
CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, has entered into a sale-and-purchase agreement to acquire a freehold automated logistics property in Selangor, Malaysia, for RM180 million (S$54.2...