Leadership
Minority shareholders’ request to table resolutions at AGM not in order: Great Eastern
The recent request by a minority shareholder of Great Eastern Holdings (GEH) to table resolutions at its upcoming annual general meeting (AGM) “does not satisfy all of the requirements”...
US dollar slips before Powell speech, Bitcoin resumes rally
THE US dollar was a touch softer on Wednesday (Mar 6), as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve chair...
JD.com beats quarterly revenue estimates as heavy discounts buoy demand
CHINESE online retailer JD.com reported fourth-quarter revenue above estimates on Wednesday (Mar 6) and upsized its share repurchase program, as aggressive price cuts helped revive demand from consumers grappling...
Bank Negara taking action to encourage flows into forex market
MALAYSIA’S government and central bank are taking coordinated action to further increase flows into the foreign exchange market to ensure the ringgit remains stable, Bank Negara Malaysia governor Abdul...
Mainstream car premiums post largest increase in March’s first round of COE bidding
THE price of Certificates of Entitlement (COEs) used to register mainstream cars had the largest increase among all categories in the first round of COE bidding in March. Prices...
DHL Group’s 2024 forecast falls short of market view on tepid global trade
GERMAN logistics giant DHL Group on Wednesday (Mar 6) forecast its 2024 operating profit to come in above pre-pandemic figures, but the outlook fell short of market consensus amid...
Brokers’ take: Proposed policy changes could drive cost savings for ComfortDelGro
SINGAPORE’S planned changes to its regulations for the point-to-point transport services sector are expected to be a boon for the taxi industry – particularly ComfortDelGro, the Republic’s largest taxi...
Philippine central bank governor rules out easing rates ‘soon’
THE Philippines’ central bank governor on Wednesday (Mar 6) ruled out rate cuts anytime soon due to upside inflation risks and signalled that borrowing costs will remain higher for...
