Lifestyle
Hong Kong revises ‘market sounding’ rules to put burden on banks
Hong Kong’s securities watchdog plans to publish market sounding guidelines by year-end, revising its previous draft by cutting back on prescriptive rules following feedback from market participants, according to...
Global bond yields fall to two-year low as slowdown fears grow
GLOBAL bond yields slid to a two-year low this week due to concern over slowing growth in major economies and increasing expectations for interest rate cuts. The average yield...
Fintech platform Funding Societies obtains investment from Maybank
FUNDING Societies has obtained an undisclosed amount of strategic investment from Malaysia’s largest lender Maybank, said the digital finance platform on Wednesday (Sep 11). As part of the tie-up,...
Thailand’s EV makers seek to renegotiate government incentives as sales slow
AS SALES of electric vehicles (EVs) miss expectations in South-east Asia’s largest market, Thailand’s main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines...
Honda cuts jobs in China, suspends production at three plants
HONDA Motor is slashing jobs and has paused production at three of its plants in China, as it seeks to trim inventories and work on a broader shift in...
Digital wealth platform Arta Finance snags strategic investment from EDBI
Arta Finance provides a gateway to private market investments, enabling access to investment tools and financial solutions THE investment arm of the Singapore Economic Development Board, EDBI, has made...
Bank of Japan policymaker signals readiness to raise rates if inflation on track
THE Bank of Japan will continue to raise interest rates if inflation moves in line with its forecast, policymaker Junko Nakagawa said on Wednesday, signaling that last month’s market...
Tech firms halve business travel in 2023 but Alphabet, Apple lag: study
GLOBAL tech giants halved their business flight emissions in 2023 compared to 2019, but companies such as Apple and Google’s parent Alphabet are falling behind, risking a return to...
UK property portal Rightmove rejects £5.6 billion takeover offer from Murdoch’s REA Group
NEWS Corp-backed property listing company REA Group said on Wednesday that Britain’s largest property portal Rightmove rejected its £5.6 billion (S$9.5 billion) buyout proposal.Rupert Murchoch-owned REA did not cite...
