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HSBC changes insurance head after Hingston’s surprise exit
HSBC changes insurance head after Hingston’s surprise exit
THE head of HSBC Holdings’ insurance business is unexpectedly leaving the Asia-focused lender after two years in the post, and will be replaced by veteran insider Ed Moncreiffe. Greg Hingston...
AstraZeneca unveils dividend hike ahead of CEO pay vote at AGM
AstraZeneca unveils dividend hike ahead of CEO pay vote at AGM
ASTRAZENECA said on Thursday (Apr 11) it intends to increase annual dividend for 2024 by 7 per cent to US$3.10 per share, betting on strong performance and cash generation...
Nike pins hopes on Olympics in race to take back market share
Nike pins hopes on Olympics in race to take back market share
NIKE is set to unveil new kits for the Olympic national teams it sponsors including the United States and Kenya, seeking to bolster its credentials as a performance gear...
Thai PM says rate cut would have been right for economy, public ‘suffering’
Thai PM says rate cut would have been right for economy, public ‘suffering’
THAILAND’S economy would have benefited from a cut in key interest rates, Prime Minister Srettha Thavisin said on Thursday (Apr 11) in a response to the Bank of Thailand’s...
US to consider concerns about China’s Brite in trade sanction decisions
US to consider concerns about China’s Brite in trade sanction decisions
THE Biden administration will consider concerns about Chinese chip designer Brite Semiconductor flagged by Republican Senator Marco Rubio as it decides what firms to add to a trade sanction...
US SEC warns Uniswap Labs of potential enforcement action
US SEC warns Uniswap Labs of potential enforcement action
THE US Securities and Exchange Commission (SEC) has notified of potential enforcement action against Uniswap Labs, the main developer behind one of the world’s largest cryptocurrency exchanges, the company...
Bank of Korea set to hold interest rates during transition after elections
Bank of Korea set to hold interest rates during transition after elections
THE Bank of Korea (BOK) is expected to keep its policy settings unchanged on Friday (Apr 12), opting to continue its inflation fight in a steady manner as the...
Singapore shares fall at Thursday’s open tracking Wall Street sell-off; STI down 0.9%
Singapore shares fall at Thursday’s open tracking Wall Street sell-off; STI down 0.9%
SINGAPORE stocks were pulled into negative territory on Thursday (Apr 11), tracking a Wall Street retreat after US inflation data topped estimates, dashing hopes for near-term rate cuts by...
Airbus facing upfront costs to support jet output increase
Airbus facing upfront costs to support jet output increase
AIRBUS is incurring up-front costs as it prepares for higher jet production and plans a breathing space to absorb them once it reaches its output goal, its finance chief...
KKR, HSBC talk up China opportunities after lengthy sell-off
KKR, HSBC talk up China opportunities after lengthy sell-off
KKR & Co and HSBC Asset Management sounded an optimistic note on China even as global investors withdraw billions, underscoring signs of rebounding confidence in the world’s second-largest economy....