Leadership
Chemical Industries says companies linked to co-founder do not use its office for business
SEVERAL firms located at, and registered under, the same office address as Chemical Industries are investment-holding companies of its co-founder, Lim Soo Peng, and do not conduct any business...
Cost-cutting programme at Volkswagen brand bears first fruit
VOLKSWAGEN said on Thursday (Mar 14) that operating profit for its core mass-market brands increased by 80 per cent last year, in a sign that closer cooperation between them...
Long-term China LGFV bond makes rare comeback amid frenzy demand
A LOCAL government financing vehicle in the city of Hangzhou has sold a 20-year yuan bond, marking a rare investor return to long-dated notes and continued resilience in the...
China says US TikTok vote follows ‘logic of a bandit’
CHINA on Thursday (Mar 14) said the US House of Representatives’ approval of a Bill that would force TikTok to sever ties with its Chinese parent company or be...
Nissan, Honda weighing EV partnership in Japan, local media say
NISSAN Motor is considering entering into a partnership with rival Honda Motor to jointly develop electric vehicles (EVs), Japanese media reported. Japanese automakers have been slow to develop EVs,...
Australia PM rules out US-style TikTok ban
AUSTRALIA’S prime minister said on Thursday his government has no plan to copy a move by US legislators to ban TikTok unless it agrees to divest from its Chinese...
Biotech trade association to split with China’s WuXi AppTec
A WASHINGTON-BASED global trade association representing biotechnology companies is taking steps to “separate” from Chinese member Wuxi AppTec, according to a letter from its new CEO on Wednesday (Feb...
A US$6 billion tender offer key to Japan’s chip ambitions is slated to begin next week
A JAPANESE state-backed investment vehicle is going ahead with its US$6 billion buyout of chipmaking materials linchpin JSR, after securing assurances of China’s approval for a deal that Tokyo...
