Lifestyle
Hedge funds shorting Tesla just lost more than US$5 billion
SINCE Donald Trump’s election win, the hedge funds clinging on to bets against Tesla have lost billions of US dollars, as they feel the fallout of the special relationship...
China’s economic rescue plan leaves commodities stuck on pause
GLOBAL commodities markets are stuck in a holding pattern after China’s latest effort to revive its economy focused on the much-needed restructuring of local government debt, but stopped short...
Shakeup of Indian airlines boosts competition, business seats
INDIA’S airlines are set for a landmark week, with two milestones days apart, that will redefine the competitive landscape in one of the world’s fastest-growing aviation markets.Vistara operates its...
MUFG is bullish on India and seeking M&A deals to drive growth
MITSUBISHI UFJ Financial Group (MUFG) is bullish on India, where it’s actively looking for acquisition targets that will help boost its presence in the world’s most populous nation. The...
Bangladesh faces reduced power supplies even after Adani payment
BANGLADESH faces a continuing shortage of electricity, increasing the risk of blackouts, even after making a partial payment to a power plant in India that slashed supply because of...
YTL Power and Sembcorp Industries among power firms likely to benefit from South-east Asia data centre boom
THE heating up of data centre growth in South-east Asia has been drawing investor interest. Now, analysts are turning the spotlight on one of the key beneficiaries of the...
Indonesia’s GoTo, China’s Tencent, Alibaba agree on cloud infrastructure development
INDONESIAN tech firm GoTo Gojek Tokopedia signed agreements with China’s Tencent and Alibaba on Sunday (Nov 10) to develop cloud infrastructure and digital talent in Indonesia, GoTo said in...
Cordlife says directors committed to waive fees for FY24; defends choice of auditor ahead of EGM
EMBATTLED cord-blood bank Cordlife said that its remaining directors have committed to waive their directors fees for the financial year ended Dec 31, 2024, in response to questions raised...
