Leadership
Struggling boot brand Dr Martens to cut costs, invest in marketing
Dr Martens’ laid out plans for cost-cutting measures on Thursday (May 30), as the struggling British bootmaker faces mounting pressure to bolster its finances amid dwindling demand in the...
JPMorgan to grow India headcount by 5%-7% for next few years
JPMorgan Chase plans to grow its headcount in India by 5 per cent-7 per cent annually over the next few years, a senior executive told Reuters, as the Wall...
Investors relieved BHP walked away from US$49 billion Anglo takeover deal
BHP Group investors welcomed the top global miner’s decision to walk away from a US$49 billion plan to take over Anglo-American, which rejected three proposed offers from its bigger...
Port congestion in Singapore leads to some liners skipping calls here
PORT congestion in Singapore has forced some liners to skip the world’s top transhipment hub, as delays at the city-state have reached “critical levels” of up to seven days,...
Asia’s largest reit calls for Hong Kong to resume multi-entry visas from Shenzhen
ASIA’S largest commercial real estate investment trust said Hong Kong authorities should resume issuing multi-entry permits for Shenzhen visitors to boost retail spending. While Hong Kong residents have been...
China eases rules that could slow world-beating solar boom
CHINA has allayed fears that growing grid congestion could tap the brakes on its record pace of renewable installations, by relaxing limits on how much renewable power can be...
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...