Lifestyle
FedEx to cut up to 2,000 back-office jobs in Europe
FEDEX is planning to cut between 1,700 and 2,000 back-office jobs in Europe, it said in a filing on Wednesday (Jun 12), as the parcel delivery company struggles with...
South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chain
South Korea has struck deals with Kazakhstan to allow its firms to explore for critical minerals in the Central Asian state, it said on Wednesday (Jun 12), as the...
VinFast pushes ahead with Asia expansion even as EV growth slows
Vietnamese electric carmaker VinFast Auto is pushing ahead with expansion across Asia, with founder Pham Nhat Vuong undettered by slowing global electric vehicle (EV) demand and a tepid start...
Indian banks to ask regulator to not raise provisioning for infra loans: sources
The Indian Banks’ Association (IBA) will ask the central bank to keep provisioning for infrastructure project loans unchanged, in its feedback to the latter’s recent proposal to raise the...
KKR raises A$500 million private credit loan for Perpetual buy
KKR & Co agreed to a private credit loan of about A$500 million (S$447 million) from Blackstone and Goldman Sachs Asset Management to help finance its acquisition of Australian...
Donald Trump meets Bitcoin miners in his latest pro-crypto overture
SEVERAL Bitcoin miners met with former president Donald Trump at Mar-a-Lago on Tuesday (Jun 11) night, according to Matthew Schultz, executive chairman at crypto mining company CleanSpark.Trump told attendees...
China weighs ban on bank distribution of hedge fund products
CHINESE regulators are considering tougher restrictions on how banks sell financial products to the public, in a move that could cut off a major distribution channel for some of...
Singapore shares open higher on Wednesday; STI up 0.3%
SINGAPORE equities started Wednesday (Jun 12) morning on a strong footing, amid mixed global performance overnight.As at 9.01 am, the Straits Times Index (STI) opened 0.3 per cent or 11.27...
