Leadership
Japan’s Isetan Mitsukoshi looks to take Isetan Singapore private at S$7.20 per share
JAPAN’S Isetan Mitsukoshi is looking to take mainboard-listed Isetan Singapore : I15 0% private by fully acquiring all the shares it does not own, ending the departmental store operator’s...
Asian LNG imports jump to record for March on bargain buying
GLOBAL liquefied natural gas (LNG) supplies are shifting back to Asia after a drop in prices prompted a flurry of purchases from emerging nations.Shipments to Asia rose to about...
UOB slashes One savings account interest rates from May 1
UOB : U11 0% is introducing lower interest rates for its One savings account members ahead of anticipated rate cuts by the US Federal Reserve.In a Monday (Apr 1)...
Toyota’s Sato beats previous CEOs with first-year stock gains
TOYOTA Motor is seeing its best performance ever in the first year under a new chief executive, since Koji Sato took the reins last April.Shares of the world’s largest...
Gold hits record high on rising hopes for Fed rate cut in June
GOLD prices touched a record high on Monday (Apr 1) after data showed that United States inflation moderated in February, boosting bets for the Federal Reserve’s June interest rate...
India, South Korea and Japan to stay busy with IPOs while China stalls
AFTER the worst quarter in five years for Asia-Pacific initial public offerings (IPOs), a pick up activity is expected from South Korea, India and Japan while Chinese deals are...
Sembcorp takes out offshore loan facility of 400 million yuan
SEMBCORP Energy (Shanghai), a wholly owned subsidiary of Sembcorp Industries : U96 0%, signed a dual currency-denominated revolving credit facility with DBS (Hong Kong) for offshore funds amounting to...
Gildan’s ex-CEO lambastes possible sale, unveils strategy for his return
GILDAN Activewear’s former chief executive officer said he has a strategy to nearly double the clothing maker’s profits by 2028 if he returns to the job – and that...
