Lifestyle
The unexpected winners and losers as markets went into meltdown
THE market wipeout that swept through equities, bonds and currencies on Monday (Aug 5) left just a few resilient pockets relatively unscathed. The unusual moves show that some investors...
Kirin raises Fancl tender offer price seeking to secure deal
KIRIN Holdings raised its tender offer price for Fancl by 4.1 per cent and extended its deadline for the bid to Aug 28, a potential concession to some investors...
Mercedes gets nod to test high-level self-driving in Beijing
MERCEDES-BENZ said it’s become the first international auto brand permitted to test advanced autonomous driving in Beijing at a time when domestic and global carmakers are racing to perfect...
Fujitsu struggles to find workers to expand in IT consultancy
FUJITSU is having trouble winning the tech workers it needs to expand its IT consultancy arm and take on bigger system integrators such as Accenture.The Tokyo-based company, which is...
India’s biggest lender deploys 2,000 bankers to woo the wealthy
STATE Bank of India (SBI), the country’s largest lender, is making a renewed push into wealth management as the number of people getting richer surges.The bank’s wealth management unit...
Gold prices drift higher on US rate-cut optimism
GOLD prices edged higher on Tuesday (Aug 6) from multi-week lows after US central bank policymakers did their best to reassure markets and highlighted the prospect of a September...
Investors bet on RBNZ rate cut next week amid global repricing
INVESTORS and some economists now expect New Zealand’s central bank to start cutting interest rates next week as markets globally ramp up bets on imminent monetary policy easing.The Reserve...
Elon Musk’s X to close San Francisco office, relocate workers
ELON Musk’s X, the social network formerly known as Twitter, will close its San Francisco office, ending the company’s presence in the city where it was founded in 2006.Chief...
