Leadership
Rolls-Royce engine defect a new blow for historic firm
ROLLS-ROYCE aims to overcome a setback caused by a defect to one of its engines on a plane flown by Hong Kong’s Cathay Pacific, after a recent strong recovery...
Ninja Van suspends operations at Vietnam subsidiary as it works to resolve delayed salary payments
LOGISTICS technology company Ninja Van is suspending the operations of a subsidiary firm in Vietnam as it works to resolve issues over delayed salary and social insurance payments to...
Discussions on potential acquisition interest still ongoing, says TalkMed
DISCUSSIONS on the potential acquisition of a stake in TalkMed Group are still in the preliminary stages, the healthcare services provider said on Thursday (Sep 19). “There is no...
EU warns Apple to open up iPhone operating system
THE European Union warned Apple to open up its highly guarded iPhone and iPad operating systems to rival technologies, or risk significant fines under its flagship digital antitrust rules....
Mercedes-Benz, Porsche choose Singapore for high-profile global debuts
Such unveilings – rare outside the US, Europe and China – attest to the Republic’s growing status as a regional platform A LIMITED-EDITION Mercedes-Benz sports car made its global debut...
China yuan closes at near 16-month high on rising stimulus hope
CHINA’S yuan recovered all intraday losses on Thursday (Sep 19) to close near a 16-month high against the US dollar, underpinned by rising market expectations that Federal Reserve’s easing...
BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction
BofA Global Research raised its forecast for the Federal Reserve’s anticipated interest rate cuts for the remainder of this year to 75 basis points, after the US central bank...
Hong Kong probe finds Cathay Airbus defect could cause ‘extensive’ damage
An engine defect in the Airbus A350 plane that led to the cancellation of dozens of Cathay Pacific flights in early September could have escalated into “extensive damage”, according...
