Lifestyle
India markets regulator pull up Paytm founder, director on IPO breaches, Moneycontrol reports
INDIA’S markets regulator has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm’s November 2021 IPO over alleged misrepresentation...
Man sentenced to four weeks’ jail for false trading in KOP shares
He bought the company’s shares to push up the share price in order to avoid margin calls being triggered in his margin trading accountsTay Ming Hin, listed as the...
Dutch hit Uber with 290 million euro fine over driver data
The Dutch data protection watchdog said on Monday (Aug 26) it hit ride-hailing app Uber with a 290-million-euro (S$422.4 million) fine over the transfer of personal data of European...
Silverlake Axis receives privatisation offer with S$0.36 per share cash option
A GROUP led by Silverlake Axis chairman Goh Peng Ooi has made a voluntary unconditional offer to take the enterprise technology company private at S$0.36 in cash per share,...
Indonesia’s incoming leader hopes to implement 50% palm based biodiesel in 2025
INDONESIA president-elect Prabowo Subianto hoped to implement mandatory 50 per cent palm oil-based biodiesel blending by early next year, which he said would cut fuel imports by US$20 billion...
Asia: Markets boosted by Fed chief’s rate cut talk
MOST Asian equities rose with the yen on Monday after US Federal Reserve boss Jerome Powell said “the time has come” to start cutting interest rates, lining up the...
PBOC starts bank stress tests to avoid stampede out of bonds
CHINA has initiated stress tests with financial institutions on their bond investments, to make sure they can handle any market volatility should a record-breaking rally reverse, according to state-run...