Leadership

India approves new EV policy in boost to Tesla’s market entry plans
India approves new EV policy in boost to Tesla’s market entry plans
March 15, 2024
INDIA on Friday (Mar 15) said it will lower import taxes on certain electric vehicles for companies committing to at least US$500 million in investment and a manufacturing facility...
Swisscom buys Vodafone Italia in US.7 billion deal
Swisscom buys Vodafone Italia in US$8.7 billion deal
March 15, 2024
SWISSCOM said on Friday (Mar 15) it will buy Vodafone Italia for US$8.70 billion and merge the business with its Italian subsidiary Fastweb. The deal will create Italy’s second-biggest...
Bitcoin retreats from record high as ‘bubble’ talk grows louder
Bitcoin retreats from record high as ‘bubble’ talk grows louder
March 15, 2024
BITCOIN extended a retreat from its latest record high, amid an intensifying debate about whether the bull run in cryptocurrencies is evidence of speculative froth in global markets. The...
Life Insurance Association launches guide to help consumers understand underwriting process
Life Insurance Association launches guide to help consumers understand underwriting process
March 15, 2024
THE L Insurance Association Singapore (LIA) on Friday (Mar 15) launched an underwriting guide for consumers, which contains general underwriting principles and practices for life and health insurance coverage....
TSMC’s 110% rally draws caution, even from the bulls
TSMC’s 110% rally draws caution, even from the bulls
March 15, 2024
THE rapid ascent in Taiwan Semiconductor Manufacturing Company (TSMC) is making it harder to ignore risks for the world’s largest contract chipmaker, even for its staunchest supporters. TSMC’s shares...
BYD takes different route from Tesla by partnering for regional expansion, looking at plug-in hybrids
BYD takes different route from Tesla by partnering for regional expansion, looking at plug-in hybrids
March 15, 2024
IN ITS South-east Asia push, China electric vehicle (EV) giant BYD is taking the opposite approach from its biggest rival Tesla, signing many franchise dealers in contrast to Tesla’s...
China central bank leaves key policy rate unchanged, as expected
China central bank leaves key policy rate unchanged, as expected
March 15, 2024
CHINA’S’ central bank on Friday left a key policy rate unchanged as expected when rolling over maturing medium-term loans. The People’s Bank of China (PBOC) said it was keeping...
Hot stock: No Signboard slumps 90.3% upon trading resumption
Hot stock: No Signboard slumps 90.3% upon trading resumption
March 15, 2024
SHARES of No Signboard tumbled on Friday (Mar 15) morning, as the restaurant operator resumed trading more than two years after it first called for a voluntary suspension. As...
FLCT to acquire 89.9% interest in 4 logistics assets in Germany from sponsor for 118.7 million euros
FLCT to acquire 89.9% interest in 4 logistics assets in Germany from sponsor for 118.7 million euros
March 15, 2024
FRASERS Logistics and Commercial Trust (FLCT) is acquiring an 89.9 per cent interest in four logistics assets in Germany from its sponsor, Frasers Property. On Friday (Mar 15), FLCT...
Top Japanese bond managers see another strong year for sales
Top Japanese bond managers see another strong year for sales
March 14, 2024
JAPAN’S top debt underwriters are predicting another strong performance for corporate and Samurai bond sales in the fiscal year starting April, regardless of what the central bank does on...