Leadership
Indonesia designs agricultural commodities digital tracker in sustainability push
INDONESIA plans to set up a digital dashboard by August to track its agricultural commodities, its economics ministry said, as the world’s top palm oil exporter looks to monitor...
Singapore April retail sales miss forecasts, fall 1.2%
SINGAPORE’S retail sales fell 1.2 per cent year on year in April, reversing from the 2.8 per cent growth posted in the month before, with most industries recording declines...
Convertible bond mania intensifies as Trip.com follows Alibaba
THERE’S no let up in the rush by Chinese technology companies to issue convertible bonds, with online travel agency Trip.com now following industry giants such as Alibaba Group Holding...
Asia: Most markets rise on US jobs data but fears temper optimism
EQUITIES mostly rose on Wednesday (Jun 5) on building optimism that the Federal Reserve will cut interest rates before the end of the year after the latest batch of...
Land business unit not involved in sale of Thai properties, says Yoma
YOMA Strategic : Z59 0% has clarified that its land unit, Yoma Land, is not involved in the business of selling properties in Thailand. On Wednesday (Jun 5), the...
Chinese move billions into Hong Kong banks seeking higher yields
HSBC Holdings attracted more than 130,000 new bank customers in Hong Kong in the first quarter. Bank of China (Hong Kong) gained 200,000 new cross-border clients in 2023, while...
China AI chip firms downgrading designs to secure TSMC production: sources
SOME Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Company (TSMC) production in the face of US sanctions, four sources...
Apollo Global to provide US$11 billion to Intel for Ireland facility
BUYOUT firm Apollo Global Management will acquire a 49 per cent equity interest in Intel’s manufacturing facility in Ireland for US$11 billion, the company said on Tuesday (Jun 4).Apollo...
