Leadership
Singapore banks give junior staff one-off bonus amid rising cost of living
THE trio of Singapore lenders are giving their junior employees globally a one-time bonus amid cost-of-living concerns. The banks noted that this was in line with recommendations from Singapore’s...
China’s Lenovo posts Q3 revenue growth, beats analyst estimates
CHINA’S Lenovo Group, the world’s largest maker of personal computers (PCs), on Thursday (Feb 22) reported October to December revenue of US$15.72 billion, up 3 per cent from the...
Japan Nikkei hits record high last seen more than 30 years ago
JAPANESE stocks reclaimed a historic peak reached more than three decades ago as investors pour money into a country that’s finally escaped deflation and is on a path to...
Japan’s Nikkei breaks bubble-era record
JAPAN’S Nikkei 225 on Thursday (Feb 22) finally broke through a record high set just before the country’s asset bubble catastrophically burst in the early 1990s. The index of...
Google to make Pixel smartphones in India by next quarter: Nikkei
Alphabet’s Google has told suppliers to start making its Pixel smartphones in India by next quarter at the earliest, as part of its plan to ship more than 10...
Wee family members ‘welcome’ as part of bank succession if they have passion, desire: UOB CEO
MEMBERS of UOB’s controlling Wee family are “more than welcome” in the bank’s succession plans, but only if they have the passion and interest to be part of the...
Three Arrows’ liquidators to pay out interim dividend by Mar 31
THE liquidators of Three Arrows Capital have announced they intend to distribute an interim dividend on or around Mar 31, 2024. In a Feb 12 notice published in The...
HSBC cost conundrum intensifies investor bank scrutiny
CLIMBING costs at HSBC have added to growing investor concerns about how big banks manage their expenses, putting executives under pressure to quickly address spending. Although banks have seen...
