Leadership
Asia: Markets mostly lower as traders await fresh data
ASIAN markets began on Tuesday mostly lower after record-setting gains last week, with traders eyeing the release of fresh economic data this week that could offer a better sense...
Chipmaker Broadcom sells remote-access unit to KKR in US$4 billion deal
CHIPMAKER Broadcom is selling a unit that allows users to access desktops and applications from any device to private-equity firm KKR in a US$4-billion deal to streamline its portfolio...
PepsiCo, IBM sell bonds through Singapore to reap tax benefit
A POTENTIAL tax benefit is spurring United States companies including PepsiCo and International Business Machines (IBM) to sell bonds through their Singapore subsidiaries, fuelling a record surge of sales...
Singapore shares rise on Tuesday; STI up 0.1%
SINGAPORE shares climbed at the opening bell on Tuesday (Feb 27), despite overnight losses in global markets. The Straits Times Index (STI) gained 0.1 per cent or 2.91 points...
US corporate bond sales hit US$153 billion in February record
BLUE-CHIP companies in the United States sold a record US$172 billion of bonds in February after falling yields spurred investors to buy debt and pushed companies to take advantage...
Hong Kong prepares sweeping rules to foil stealthy crypto purchases
DOTTED across Hong Kong are small shops that convert between cash and crypto with few questions asked, a modern-day echo of the city’s freewheeling past. Soon, many may shut...
Chinese airlines can boost US flights to 50 per week, US says
CHINESE passenger airlines will be allowed to boost their weekly round-trip US flights to 50 starting on March 31, up from the current 35, the US Transportation Department said...
China airlines can boost US flights to 50 per week, US says
CHINESE passenger airlines will be allowed to boost their weekly round-trip US flights to 50 starting on March 31, up from the current 35, the US Transportation Department said...
