Leadership
Indonesia rejects Apple’s US$100 million investment offer
INDONESIA has rejected an Apple US$100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the “fairness” required by the government.
Indonesia last month...
Thai banks’ bad loans highest in nearly 3 years, but manageable: central bank
THAI banks’ non-performing loans (NPLs) rose to 2.97 per cent of outstanding loans at the end of September, the highest level in nearly three years, the central bank said...
Roche to acquire cell therapy maker Poseida Therapeutics in US$1.5 billion deal
SWITZERLAND’S Roche will acquire its US collaboration partner Poseida Therapeutics in a cash deal worth up to US$1.5 billion, banking on complex immune cell therapies against several types of...
Maybank’s Q3 net profit rises 7.6% to 2.5 billion ringgit
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to 2.5 billion ringgit (S$770 million), up 7.6 per cent from 2.4 billion ringgit in the previous...
Duo charged with false trading of EuroSports shares under Securities and Futures Act
Individuals convicted under this section of the Act face imprisonment of up to seven years, a fine not exceeding S$250,000, or both TWO individuals were charged with false trading offences...
Haidilao operator Super Hi swings back to black with US$37.7 million Q3 net profit
HAIDILAO restaurant operator Super Hi International posted a net profit of US$37.7 million for the third quarter ended Sep 30, reversing its net loss of US$1.4 million over the...
Nissan falls on report of further production cuts, tariff threat
NISSAN Motor shares fell on Tuesday (Nov 26) after reports the struggling automaker plans to cut production in the US, and President-elect Donald Trump touted plans to impose tariffs...
Australian stock exchange targets 2029 for phase two of trading software overhaul
AUSTRALIAN bourse operator ASX said on Tuesday (Nov 26) it aimed to implement the second phase of its clearing and settlement software overhaul by 2029, with projected costs ranging...
