Leadership
RBNZ seen pushing back against bets on early interest-rate cuts
NEW Zealand’s central bank may this week push back against investor bets that interest-rate cuts are coming, even though the economy has slumped into a double-dip recession.The Reserve Bank...
Philippines set for extended rate pause with peso at five-month low
THE Philippine central bank is expected to keep its benchmark interest rate steady for a fourth straight meeting on Monday (Apr 8) as rice inflation bolted to a fresh...
Seatrium CEO urges investors to stay the course as company tackles ‘energy trilemma’
SHAREHOLDERS of Seatrium : S51 0% – a company formed after a mega-merger between Keppel Offshore & Marine (Keppel O&M) and Sembcorp Marine (Sembmarine) – have been put through...
Malaysia’s UOB Asset launches India bond fund before index inclusion
UOB Asset Management Malaysia launched an India-focused bond fund last week, giving Malaysian investors an opportunity to snap up rupee-denominated debt ahead of the South Asian country’s inclusion to...
Biggest gold miners are missing out on bullion’s record run
THE world’s biggest gold miners are at risk of missing out on the metal’s record run after spending billions of dollars to become the obvious home for bullion-focused investors.Despite...
Apple asks US appeals court to reverse Apple Watch import ban
APPLE urged a US appeals court on Friday (Apr 6) to overturn a US trade tribunal’s decision to ban imports of some Apple Watches in a patent dispute with...
High Court orders Falcon Energy to wind up after multiple failed restructuring attempts
SINGAPORE’S High Court on Friday (Apr 5) issued a winding-up order to Singapore-listed offshore and marine player Falcon Energy Group, said the lawyers representing AmBank, more than five years...
Quarz, ESR reach resolution over alleged defamation during Sabana internalisation bid
ACTIVIST investor Quarz Capital has reached a resolution with ESR after the property company initiated court proceedings over alleged defamatory statements made during Quarz’s push to internalise the management...
Samsung to hike Texas chip spending to US$44 billion, WSJ says
SAMSUNG Electronics aims to raise its investment in Texas to about US$44 billion, the Wall Street Journal reported, citing people familiar with the matter.South Korea’s largest company will focus...
Charge+ partners ChargeSini to form largest Singapore-Malaysia EV charging network
SINGAPORE’S Charge+ and Malaysia’s ChargeSini have signed a roaming agreement that gives electric vehicle (EV) drivers access to both companies’ charging networks.Goh Chee Keong, Charge+ chief executive officer, told...