Leadership
Vietnam’s banks face borrowing cost rise as deposits dip
VIETNAM’S banks face higher borrowing costs after deposits in the country’s banking system registered a first monthly decline in more than two years, while inflation is rising.
Banks are responding...
Takeda profit slumps by half as Japanese drugmaker rebuilds pipeline
Japan’s Takeda Pharmaceutical said full-year earnings slumped by more than half as the company focused on rebuilding its drug pipeline to make up for the loss of patent protection...
Hong Kong stock exchange chief is betting on big IPOs coming back
HONG Kong Exchanges & Clearing (HKEX) is anticipating the comeback of big ticket initial public offerings (IPOs) to the city as underlying conditions improve and Chinese regulators give a...
Hot stock: AEM hits 4-year low after Q1 earnings miss
SHARES of mainboard-listed AEM Holdings fell as much as 14.7 per cent in early trading on Thursday (May 9) after the group posted an 85 per cent drop in...
Disney, Warner Bros Discovery launch US streaming bundle
DISNEY and Warner Bros Discovery announced a joint streaming offering on Wednesday that will bring together the Disney+, Hulu and Max platforms, in a further sign of consolidation in...
Arm shares fall after company gives tepid annual forecast
ARM Holdings shares tumbled after the chip designer gave a lukewarm revenue forecast for the fiscal year, raising concerns that the tech industry’s artificial intelligence (AI) spending spree is...
Stocks to watch: Frasers Hospitality Trust, AEM, ARA H-Trust, Mermaid Maritime
THE following companies saw new developments that may affect trading of their securities on Thursday (May 9): Frasers Hospitality Trust : ACV 0% (FHT): It recorded a 13.7 per cent...
Hong Kong woos Saudi money in attempt to revive stock market
HONG Kong is turning to oil-rich Saudi Arabia for new funds to help offset a growing list of challenges facing its stock market. The Saudi Tadawul Group and Hong...
