Lifestyle

Alibaba considering convertible bond sale, following JD.com
Alibaba considering convertible bond sale, following JD.com
June 4, 2024
Alibaba Group Holding is considering selling convertible bonds to raise about US$5 billion, people familiar with the matter said, following a US$1.75 billion offering by rival Chinese online retailer...
Global Invacom, Keong Hong, Green Build Technology added to SGX watch list
Global Invacom, Keong Hong, Green Build Technology added to SGX watch list
June 4, 2024
SATELLITE communications equipment provider Global Invacom : QS9 0%, construction player Keong Hong : 5TT 0% and green-energy solutions provider Green Build Technology : Y06 0% will be put...
Subsidiary, chairman of EC World Reit’s sponsor liable for US.3 million after loan default
Subsidiary, chairman of EC World Reit’s sponsor liable for US$11.3 million after loan default
June 4, 2024
AN application has been filed against Forchn International (FIPL) and the chairman of its parent company for an order that they are jointly and severally liable to pay US$11.3...
Australia’s Qantas back Boeing to bounce back from crisis
Australia’s Qantas back Boeing to bounce back from crisis
June 4, 2024
AUSTRALIAN airline Qantas on Tuesday (Jun 4) backed Boeing to bounce back from an unprecedented crisis that has led to an overhaul of the American planemaker’s management and drawn...
Airbus in talks to sell more than 100 widebody jets to China
Airbus in talks to sell more than 100 widebody jets to China
June 4, 2024
Airbus is negotiating a major sale of A330neo aircraft to China, with talks gaining momentum since President Xi Jinping visited his French counterpart Emmanuel Macron last month.The largest Chinese...
Swiss financial regulator wants to be able to name and shame banks
Swiss financial regulator wants to be able to name and shame banks
June 4, 2024
SWISS financial regulator Finma wants to be able to name and shame banks which breach its rules, Chief Executive Stefan Walter told newspaper NZZ in an interview published on...
India shares plunge as Modi’s likely weaker win leads to policy worries
India shares plunge as Modi’s likely weaker win leads to policy worries
June 4, 2024
Indian stocks suffered their worst intraday fall since March 2020 on Tuesday (Jun 4), as vote counting trends in the general election suggested Prime Minister Narendra Modi’s alliance was...
Vietnam expands massive bank rescue effort on deposit exodus, document shows
Vietnam expands massive bank rescue effort on deposit exodus, document shows
June 4, 2024
VIETNAM’S central bank lent another US$1.2 billion to ailing Saigon Joint Stock Commercial Bank (SCB) over the last two months, according to a bank document seen by Reuters, taking...
Philippine central bank rejects rate-cut call that weakened peso
Philippine central bank rejects rate-cut call that weakened peso
June 4, 2024
PHILIPPINE central bank governor Eli Remolona pushed back against the rate cut outlook given by the country’s finance chief, describing it as “too aggressive”.Finance Secretary Ralph Recto last week...
China courts Spain to push EU on EV probe
China courts Spain to push EU on EV probe
June 4, 2024
CHINA hopes Spain will push the European Union to support and encourage the new energy industry to deepen cooperation and create a fair and predictable development environment, according to...