Lifestyle
With Cainiao buyback, Alibaba takes aim at rivals’ overseas rise
ALIBABA’S plan to buy full control of its logistics subsidiary rather than spinning it off could signal the Chinese giant is taking competition from e-commerce rivals Shein and Temu...
Timeline: Seatrium’s corruption offences in Brazil unravelled
THE Business Times outlines the sequence of events involving Singapore companies – Sembmarine (now called Seatrium) and Keppel Offshore and Marine (Keppel O&M) – in Brazil’s Operation Car Wash:July...
Seoul bus drivers end strike after city agrees to wage increase
BUS drivers in the South Korean capital of Seoul ended an hours-long strike on Thursday (Mar 28) after a deal was reached between the city’s bus union and its...
UBS looks to keep, grow shipping loans in post-merger green overhaul
UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the biggest...
Asia: Markets mixed after Fed official floats rate cut delay
ASIAN investors trod carefully on Thursday after a Federal Reserve official floated the idea of delaying or reducing interest rate cuts, while the yen held gains having briefly hit...
Australia to invest A$1 billion on domestic solar panel push to cut reliance on China
AUSTRALIA will invest A$1 billion (S$881 million) to ensure more solar panels are made domestically, as the nation looks to reduce its dependence on imports from China.The Solar Sunshot...
Bank of Japan board divided on economy’s strength upon stimulus exit, March summary shows
BANK of Japan policymakers were divided on whether the economy was strong enough to weather an exit from ultra-loose monetary policy, a summary of opinions at the bank’s March...
ESR-Logos Reit secures S$200 million sustainability-linked credit facility
ESR-Logos Real Estate Investment Trust (Reit) : J91U 0% has obtained its first sustainability-linked loan worth S$200 million. The unsecured revolving credit facility agreement is guaranteed by Perpetual (Asia) in...
