Leadership
Vietnam signals readiness to support dong as currency hits lows
THE State Bank of Vietnam (SBV) signalled that it’s ready to defend the dong after the currency slipped to a record low amid bouts of US dollar strength.The central...
HSBC is making a Middle East wealth push after hiring 100 bankers
HSBC Holdings is courting private bankers as it seeks to expand its business of catering to the growing number of millionaires and billionaires moving to the Middle East. The...
Australia says engaging with Ticketmaster over hacking ‘incident’
AUSTRALIA’S government said on Thursday its cyber security office was “engaging” with US-based Ticketmaster after a hacking group claimed to have accessed the details of 560 million global customers.The...
Singapore to add at least 300 MW in data centre capacity, potentially more with green energy
SINGAPORE aims to provide at least 300 megawatts (MW) of additional capacity for data centres in the near term – with more that could be added for operators who...
China companies rush to hike dividends, buy back shares in Japan-style reform
CHINESE-LISTED companies are rushing to buy back shares and lift dividends as they respond to regulators’ calls that echo reform efforts in Japan and South Korea, driving a welcome...
Stocks to watch: Sats, OCBC, IHH Healthcare, Straco, iFast
THE following companies saw new developments that may affect trading of their securities on Thursday (May 30):
Apple signals that it’s working on TV+ app for Android phones
APPLE is seeking a senior engineer to help build a television and sports app for Android, a sign the company is finally bringing its TV+ service to the rival...
Views on US economy ‘more pessimistic’ as uncertainty grows: Fed
OUTLOOKS on the US economy have become gloomier with reports of rising uncertainty and worries over risks, even though growth broadly continued recently, the Federal Reserve said on Wednesday.The...
