Leadership
Daiwa Securities to buy Aozora Bank stake from activist fund
DAIWA Securities Group said it will increase its stake in Japan’s unprofitable Aozora Bank. The brokerage’s shares tumbled 4.6 per cent.
Daiwa will buy 9.1 per cent of the...
Siemens Energy eyes biggest wind turbine to rival China
SIEMENS Energy has told customers it plans to produce its biggest wind turbine, potentially towards the end of the decade, as the company seeks to maintain its lead in...
Australian dance teacher on board SQ321 left paralysed from chest down
AN AUSTRALIAN dance teacher on board Singapore Airlines flight SQ321 will never be able to dance again after suffering severe spine injuries on the turbulence-hit aircraft.Kerry Jordan, 52, also...
Philippine central bank wants inflation firmly settled near target midpoint, governor says
THE Philippine central bank wants inflation firmly settled near the middle of its 2.0 to 4.0 per cent target range, its governor said on Tuesday.“We are hawkish, but less...
Bank of Japan expected to weigh bond buying cuts as rate hike timing nears
THE Bank of Japan (BOJ) is broadly expected to discuss cutting bond purchases at a policy meeting ending on Friday (Jun 7), with some investors expecting the central bank...
Apac M&A falls to 11-year low in first 5 months of 2024: London Stock Exchange
THE mergers and acquisitions (M&A) activity in the Asia-Pacific (Apac) region has declined 26 per cent year on year to an 11-year low of US$179 billion between January and...
Singapore shares rise at Tuesday’s open; STI up 0.2%
SINGAPORE equities began trading in positive territory on Tuesday (Jun 11), after US stocks inched up on Monday. As at 9.03 am, the Straits Times Index (STI) opened 0.2 per...
Vietnam eyes greener power but banks on coal to avert blackouts
LIGHTS are off and air conditioning is down at the headquarters of Vietnam’s state-run electricity provider EVN as the country’s top power utility tries to “lead by example” to...
