Lifestyle
Malaysia to decide on Singapore high-speed rail link this year
MALAYSIA will decide in the coming months whether to proceed with a multibillion-dollar high-speed rail line between Kuala Lumpur and Singapore, as Prime Minister Anwar Ibrahim’s government weighs proposals...
Rajah & Tann, Allen & Gledhill expand in China as international peers retreat
SINGAPORE’S two largest law firms are expanding in China, banking on a trend of Chinese companies venturing overseas even as some of their global peers pull back from the...
Apax, Bain and CVC exploring potential bids for SoftwareOne: sources
APAX Partners, Bain Capital and CVC are each exploring potential bids for SoftwareOne, two sources with knowledge of the situation said, three months after the ouster of the Swiss...
‘Size matters’ as Axiata guns for bigger share in key markets, says CEO
To ensure a return on investment, the telco giant is seeking to raise its market share in Indonesia to around 25%[KUALA LUMPUR] Axiata Group – the largest telco in...
US banks see high deposit costs, investment banking boost
US LENDERS’ second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to deposits, but a flurry of bond sales boosted their...
US: Wall Street falls as megacap tech, chip stocks lead sell-off
WALL Street tumbled at the open on Wednesday (Jul 17), with the Nasdaq slumping over 1 per cent as declines in major chip and tech stocks led broad-based losses...
China solar firms ink deals with Saudis for global expansion
TWO major Chinese solar manufacturers will build plants worth US$3 billion in Saudi Arabia, highlighting efforts to globalise their production bases as they face margin pressures at home.
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Trump says Taiwan should pay for defence, sending TSMC stock down
TAIWAN should pay the US for its defence as it does not give the country anything, Republican presidential candidate Donald Trump told Bloomberg Businessweek, sending shares of Taiwanese chip...
