Leadership
Ascend Elements, Elemental Strategic Metals form European EV battery recycling venture
US FIRM Ascend Elements and Poland’s Elemental Strategic Metals have formed a joint venture to recycle electric vehicle batteries, with their first Polish plant already open and another plant...
China’s ICBC plans US$5.5 billion sale of loss-absorbing bonds
INDUSTRIAL and Commercial Bank of China is planning to issue as much as 40 billion yuan (S$7.45 billion) of total loss-absorbing capacity (TLAC) bonds as soon as this month,...
HSBC to book US$1 billion pre-tax loss from sale of Argentina business
HSBC Holdings said on Tuesday (Apr 9) it will sell its Argentina business and record a US$1 billion pre-tax loss from the divestment in the first quarter of fiscal...
China’s CDH buys minority interest in Vietnam grocery chain Bach Hoa Xanh
CHINA’S CDH Investments said on Tuesday (Apr 9) that it completed an investment for a minority interest in grocery chain Bach Hoa Xanh, a unit of Vietnam’s biggest retail...
Asia: Markets mixed as ‘critical’ US inflation data looms
ASIAN stocks were mixed on Tuesday (Apr 9) as attention turned to crucial US inflation data that could play a pivotal role in the Federal Reserve’s decision-making on interest...
Blackstone nears buyout of skin-care company L’Occitane
BLACKSTONE is nearing a deal to take L’Occitane International, according to sources familiar with the matter, potentially ending the global cosmetics company’s 14-year run on Hong Kong’s stock exchange.The...
Singapore court’s verdict was wrong; Credit Suisse unit did ‘incompetent best’ for client: lawyer
A LAWYER for a Credit Suisse trust seeking to overturn the US$743 million in damages the bank owes to Georgian billionaire Bidzina Ivanishvili said the staff responsible did their...
Stocks to watch: Cordlife, Global Invacom, Zico
THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 9):
