Lifestyle
Banks should spend as much time on their people as on data, tech: HSBC’s Tancy Tan
She says that one of her main focuses at work is to build a workforce that is skilled, adaptable and mentally resilient to changesTANCY Tan has spent her entire...
GM, Ford would need to halt Chinese vehicles exports for US under rule, official says
GENERAL Motors and Ford Motor would need to stop exporting vehicles from China to the United States under a proposed rule cracking down on Chinese software and hardware, a...
Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its global workforce, as Europe’s biggest hope in the electric vehicle battery market...
Bank of America to open more than 165 new branches by end of 2026
Bank of America plans to open more than 165 US branches by the end of 2026, the lender said on Monday (Sep 23), as it competes with JPMorgan Chase...
German 10-year yield rises above two-year debt for first time since 2022
YIELDS on Germany’s 10-year bond rose above those of its two-year debt on Monday (Sep 23), as soft business activity data drove expectations of more rate cuts by the...
CMA CGM buys 48% of port terminal company Santos Brasil, to launch takeover bid
FRENCH shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48 per cent stake in...
China’s car dealerships facing losses of almost US$20 billion
CAR dealerships across China are facing losses of almost US$20 billion as consumers hold off on making major purchases and vehicles pile up in sales lots.
The country’s car retailers...
Thai virtual bank race heats up as bidders outnumber permits
THAILAND’S virtual banking competition is heating up as applications exceeded the number of licences the central bank plans to grant. Bank of Thailand received five applications for virtual banking...
