Lifestyle

Subway eyes US.3 billion asset-backed debt sale
Subway eyes US$2.3 billion asset-backed debt sale
September 3, 2024
SUBWAY is tapping the asset backed securities market for the second time this year as the sandwich restaurant chain looks to borrow US$2.3 billion. The company, which has the...
Nvidia suffers record US9 billion rout as AI worry sinks stocks
Nvidia suffers record US$279 billion rout as AI worry sinks stocks
September 3, 2024
FOUR weeks after US stocks buckled amid a global flight from risk assets, chipmakers touched off another bout of equities selling when a pair of industry analysts rekindled worries...
China’s BYD to pause Mexico plant until after US election
China’s BYD to pause Mexico plant until after US election
September 3, 2024
CHINA’S top electric-vehicle maker BYD Co. won’t announce a major plant investment in Mexico until at least after the US election, according to people familiar with the matter, as...
Moody’s upgrades outlook on global reinsurers to positive from stable
Moody’s upgrades outlook on global reinsurers to positive from stable
September 3, 2024
MOODY’S Ratings upgraded its outlook on global reinsurers to positive from stable owing to reinsurers’ higher prices and more restrictive policies, along with healthy investment income, the ratings agency...
Ntegrator receives originating applications from ex-management seeking High Court winding-up order
Ntegrator receives originating applications from ex-management seeking High Court winding-up order
September 3, 2024
COMMUNICATIONS network specialist Ntegrator, formerly known as Watches.com, has received two originating applications from its former financial controller and ex-executive director, each seeking a winding-up order from the High...
Ex-Volkswagen CEO faces trial over ‘dieselgate’
Ex-Volkswagen CEO faces trial over ‘dieselgate’
September 3, 2024
FORMER Volkswagen CEO Martin Winterkorn is set to go on trial on Tuesday for his role in the “dieselgate” scandal, nine years after the saga first plunged the German...
Asia: Markets drift ahead of key US figures, eyes on China
Asia: Markets drift ahead of key US figures, eyes on China
September 3, 2024
ASIAN markets stuttered on Tuesday as investors steel themselves for a high-stakes US jobs report at the end of the week while keeping tabs on China after fresh data...
Cathay Pacific scraps 48 flights, including eight HK-Singapore flights on Tuesday
Cathay Pacific scraps 48 flights, including eight HK-Singapore flights on Tuesday
September 3, 2024
Check of carrier’s fleet revealed an engine part on several A350s needed replacingCATHAY Pacific Airways cancelled almost all its scheduled flights from Hong Kong to Singapore on Tuesday (Sep...
Cathay Pacific scraps 48 flights, including eight HK-Singapore flights on Tuesday
Cathay cancels 48 flights, including HK-Singapore, as 15 Airbus planes need new engine parts
September 3, 2024
HONG Kong carrier Cathay Pacific said on Tuesday (Sep 3) that 15 of its Airbus A350 jets needed new engine parts after inspecting its entire fleet, which was grounded...
Japanese companies cannot use national security cover to block takeovers, official says
Japanese companies cannot use national security cover to block takeovers, official says
September 3, 2024
JAPANESE companies cannot use a national security designation as a tool to thwart foreign takeovers, a senior finance ministry official said, pushing back at speculation Tokyo’s foreign exchange act...