Leadership

Cathay Airbus engine fire linked to cleaning: EU regulator
Cathay Airbus engine fire linked to cleaning: EU regulator
A CLEANING process leading to fuel hose degradation during refurbishment may have caused a recent Airbus A350 engine fire that triggered dozens of Cathay Pacific flight cancellations this month,...
India markets regulator bars Axis Capital from acting as banker for new debt issues
India markets regulator bars Axis Capital from acting as banker for new debt issues
INDIA’S markets regulator on Thursday (Sep 19) barred investment bank Axis Capital from acting as a merchant banker for new debt issues for allegedly violating rules, according to an...
Sea forms consortium to apply for virtual bank licence in Thailand
Sea forms consortium to apply for virtual bank licence in Thailand
E-COMMERCE and gaming company Sea has partnered four Thai companies, including conglomerate BTS Group Holdings, to apply for a virtual bank licence in Thailand. The other three Thai companies...
Rolls-Royce engine defect a new blow for historic firm
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
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 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
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
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 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 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...