Leadership
Apple CEO Cook opens new Shanghai store in show of China commitment
APPLE chief executive officer Tim Cook opened an expansive new store in central Shanghai on Thursday (Mar 21), signalling his company’s commitment to China as a market and production...
CK Hutchison warns growth risks building after profit drops
CK HUTCHISON Holdings reported its steepest drop in profit since 2015 and struck a cautious tone for the year ahead as uneven growth and heightened geopolitical risks weigh on...
Taiwan central bank raises benchmark rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), and also lifted its inflation forecast for the year as inflationary pressures persist. The central...
Wary of inflation, Taiwan central bank raises key rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), wary of continued inflationary pressures and ahead of an expected rise in electricity prices next...
UBS to shut thousands of smaller Credit Suisse accounts in Asia
UBS Group is planning to shut smaller-value Credit Suisse accounts numbering in the low thousands at its Asia-Pacific wealth management arm to exit relationships with poor returns, according to...
Japan shares scale record high, yen rebounds as Fed out-doves BOJ
JAPAN’S Nikkei share average hit a record high on Thursday (Mar 21) and the yen rebounded from a four-month low, after the US Federal Reserve stuck to its easing...
Higher CPO prices, low stockpiles only a brief reprieve for regional palm oil stocks
THE mini rally in palm oil prices and current low stockpiles have given regional palm oil companies some respite in light of the broader volatility-ridden agri commodities sector, but...
Bank of England to hold rate despite slowing inflation
THE Bank of England (BOE) is widely expected to keep its main interest rate at a 16-year high on Thursday (Mar 21), rejecting a cut as inflation remains well...
