Leadership
Oil: Prices dip, but set for weekly gain of over 3%
OIL prices dipped on Friday (Mar 15), a day after topping US$85 a barrel for the first time since November, but prices were expected to finish more than 3...
China central bank approves Tencent’s Tenpay capital boost to 15.3 billion yuan
CHINA’S central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan (S$2.8 billion), according to a central bank statement on Friday...
China’s JD.com walks away from bidding for Currys
CHINESE online retailer JD.com said on Friday (Mar 15) that it would not make an offer for British electricals group Currys, days after US investor Elliott Advisors walked away...
Qatar Airways mulls up to 150 widebody orders from Boeing, Airbus
QATAR Airways is in early talks with Boeing and Airbus to order as many as 150 widebody jets and renew its fleet of ageing long-distance aircraft, according to people...
TikTok’s US revenue hits US$16 billion as Washington threatens ban
CHINA’S ByteDance-owned TikTok posted revenue of about US$16 billion last year in the United States, where the viral video app that has hooked Gen Z users is at the...
Rivals Nissan and Honda sign MOU on EV partnership
JAPANESE auto rivals Nissan Motor and Honda Motor are considering a strategic partnership to collaborate on producing key components for electric vehicles and artificial intelligence in automotive software platforms,...
SIA Group flies 28.2% more passengers in February; Sats makes acquisition in Sweden
FLAG carrier Singapore Airlines (SIA) carried 3.1 million passengers on a group level in February, up 28.2 per cent from a year ago, it said in its operating results...
China tightens scrutiny over IPOs, listed firms to revive stock market
CHINA published a set of rules on Friday (Mar 15) that would tighten scrutiny over stock listings, public companies and underwriters, as regulators ramp up efforts to revive investor...
