Lifestyle
Etihad Airways forms joint venture with China Eastern to boost growth
ETIHAD Airways has formed a joint venture with China Eastern Airlines under which the carriers will coordinate flights and share revenues on selected routes, as the Abu Dhabi flag...
StanChart banks on international ties amid demand for cross-border wealth needs: James Lye
INTERNATIONAL banking is increasingly becoming a key driver for Standard Chartered Bank’s (SCB) affluent business, as more clients look for wealth offerings outside of their home jurisdictions, said James...
China’s Sinograin to expand wheat stockpiles as global supplies fall
CHINA will expand its wheat stockpile by increasing buying from domestic producers as the world’s top producer and consumer of the staple grain looks to secure supply amid recent...
NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant
NXP Semiconductors and TSMC-backed Vanguard announced a US$7.8 billion joint venture to produce silicon wafers on Wednesday (Jun 5), joining other chipmakers setting up plants in Singapore to diversify...
COE premiums fall across the board; mainstream car category posts largest drop in 2024 to date
PREMIUMS for Certificates of Entitlement (COE) fell for all categories in June’s first round of bidding. Passenger car premiums – Category A and B – led the way with...
Indonesia central bank to continue intervention to stabilise rupiah
Indonesia’s central bank will continue to intervene in the foreign exchange market to stabilise the rupiah, its governor said on Wednesday (Jun 5), adding that the currency would strengthen...
UBS, HSBC urge China to expand wealth links with Hong Kong
Hong Kong’s central bank chief and executives at UBS Group and HSBC called for the expansion of wealth links between the city and mainland China, months after a key...
Australia moves to rein in buy-now-pay-later with credit check law
THE Australian government on Wednesday (Jun 5) introduced legislation that would require buy-now-pay-later (BNPL) firms to run credit checks on borrowers, aiming to regulate the rapidly growing sector popular...
