Leadership
Extended incentives encourage EV take-up, but demand for hybrids may soften: industry
RECENT tweaks to two clean-vehicle schemes show Singapore’s commitment to electric vehicles (EVs) – but possibly at the expense of hybrids, said industry players.Authorities said last Friday (Sep 20)...
European banks are factoring climate risks into loans, says ECB
EUROPEAN banks are factoring climate risks into the terms of mortgages they grant, although they do not fully grasp the potential costs, according to their top regulator.The European Central...
BNP Paribas to buy German private banking unit from HSBC
HSBC has been exploring the sale of various businesses in Europe’s largest economyBNP Paribas has signed an agreement with HSBC Holdings to buy the UK-based lender’s private banking operations...
Big UK investors poised to buy the dip in US property
BRITISH investment managers Legal & General (L&G) and Schroders are to invest hundreds of millions of US dollars in commercial property in the United States, but are largely steering...
Samsung invests US$1.8 billion more in Vietnam for Oled manufacturing plant
SOUTH Korean electronic manufacturer Samsung Display plans to invest US$1.8 billion for a factory this year in northern Vietnam to produce Oled displays for automobiles and technology equipment, the...
Vietnam aims for one semiconductor fab plant, 10 packaging plants by 2030
VIETNAM aims to have at least one semiconductor fabrication plant and 10 packaging plants by 2030, and will launch a fund to help foreign investors mitigate the impacts of...
China stimulus hopes rise as PBOC cuts rate, plans briefing
CHINA announced plans for a rare briefing on the economy by three top financial regulators just as it cut one of its short-term policy rates, fuelling speculation authorities are...
Police called to office at Ubi Techpark after unhappy investors demand refund from gemstone scheme
INVESTORS trying to get their money back from a gemstone scheme which bears the hallmarks of a multi-level marketing programme say they have been stonewalled for years.The investors, who...