Lifestyle
Australia to make supermarket industry code mandatory, breaches may result in huge fines
AUSTRALIA could impose billion-dollar fines on big supermarket chains that fail to comply with an industry code of conduct, the federal government said on Monday (Jun 24) as it...
Gold prices edge higher as US Treasury yields soften
GOLD prices inched higher on Monday (Jun 24) as Treasury yields edged lower, while investors await economic data and comments from Federal Reserve officials through this week for clarity...
Chinese automakers look to livestreaming to shake stuffy image
COMPETITION in China’s cut-throat car market is pushing even senior legacy auto executives to take up livestreaming to promote sales.The jeans-and-jacket-wearing electric vehicle (EV) startup bosses have increasingly been...
Geo Energy to recover US$18 million in outstanding receivables after sale of creditor’s rights
The move, which is accretive to the group’s cash flow, will provide financial certaintyINDONESIAN coal producer Geo Energy Resources on Monday (Jun 24) said it agreed to sell certain...
Food Empire to issue up to US$40 million in redeemable exchangeable notes
FOOD and beverage manufacturer Food Empire signed a non-binding term sheet to issue Asean private equity fund manager Ikhlas Capital Singapore up to US$40 million in redeemable exchangeable notes.Ikhlas...
Australia’s Star Entertainment sees FY profit fall; appoints acting CEO
AUSTRALIA’S Star Entertainment Group said on Monday (Jun 24) it expects its fiscal 2024 normalised group EBITDA to be in the range of A$165 million (S$148 million) to A$180...
Cosmetics chain Sa Sa plans Asia expansion to escape Hong Kong slump
HONG Kong’s biggest cosmetics chain, Sa Sa International Holdings, is planning to further expand in mainland China and South-east Asia, to help make up for the sluggish post-Covid recovery...
US prosecutors recommend Justice Department criminally charge Boeing as deadline looms
US prosecutors are recommending to senior Justice Department (DOJ) officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes,...
