Lifestyle
Yangzijiang Shipbuilding to take 34% stake in Japanese shipbuilder’s China unit for 833 million yuan
MAINBOARD-LISTED Yangzijiang Shipbuilding is acquiring a 34 per cent stake in a wholly owned subsidiary of Japanese shipyard Tsuneishi Group for 833.1 million yuan (S$158.3 million).Announcing the joint venture...
STI extends winning streak to hit fresh high of 3,556 points, but SGX takes a blow
Singapore’s gains are in line with the broader Asian markets, which have taken their cue from positive sentiment in the US markets overnightTHE Straits Times Index (STI) hit yet...
Global oil demand growth slows as China slumps: IEA
Global oil demand grew at its slowest pace since 2020 in the first half of 2024 due to China’s economic slump, the International Energy Agency said on Thursday (Sep...
India’s biggest IPO of 2024 draws staggering US$39 billion in bids
Institutional investors drove the frenzied demand for shares of Bajaj Housing Finance, with bids exceeding 200 times the shares set aside for themThe home-loan unit of India’s largest shadow...
Taishin raises offer for Shin Kong in what could be Taiwan’s biggest financial deal
TAIWAN financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25 per cent to about NT$222.4 billion (S$9 billion), in a deal that would...
Asia funds create alliance to help funnel billions into Vietnam
SEVERAL regional private equity firms have banded together to establish a Vietnamese alliance, aiming to facilitate US$35 billion of investment into the South-east Asian country over the next decade.The...
JPMorgan and Bank of America to curb young banker work hours: report
TWO of Wall Street’s largest investment banks are rolling out measures that may ease junior bankers’ workloads amid complaints across the industry that weekly hours are increasingly creeping past...
China asks its carmakers to keep key EV technology at home
CHINA has strongly advised its carmakers to make sure advanced electric vehicle (EV) technology stays in the country, sources familiar with the matter said, even as they build factories...
