Leadership
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):
US to award Samsung up to US$6.6 billion chip subsidy for Texas expansion: sources
THE Biden administration plans to announce it is awarding more than US$6 billion to South Korea’s Samsung next week to expand its chip output in Taylor, Texas, as it...
Citi upgrades Japan to overweight, downgrades emerging markets to neutral
CITIGROUP on Monday (Apr 8) upgraded Japanese shares on expectations they will continue to benefit from a favourable macro environment, while downgrading emerging market stocks.
The brokerage now has an...
Cordlife says another 5,300 cord blood units deemed to be at high risk, offers refund and fee waiver
CORD-BLOOD bank Cordlife Group : P8A 0% on Monday (Apr 8) said one storage tank – of the six cryogenic storage tanks deemed under investigation by the Ministry of...
Microsoft to launch AI hub in London
MICROSOFT has has announced plans for a new artificial intelligence (AI) hub in London, focused on product development and research.
The unit will be led by Mustafa Suleyman, the London-born...
