Lifestyle
China’s Ant Group appoints new president in biggest reshuffle since regulatory revamp
HAN Xinyi will become president of China’s Ant Group and some units of the financial technology company will set up their own boards of directors to operate more independently,...
China’s Xiaomi Q4 2023 revenue rises 11%, beats estimates
CHINESE smartphone maker Xiaomi reported a 10.9 per cent rise in fourth-quarter revenue on Tuesday (Mar 19), boosted by strong smartphone sales in an industry showing signs of recovery....
Swiss watch exports slump on lower shipments to China, Hong Kong
MONTHLY Swiss watch exports fell for just the second time in three years, led by lower shipments to China and Hong Kong, as demand for luxury timepieces cools. Exports...
Broker’s take: Lim & Tan initiates Dyna-Mac with ‘buy’, S$0.45 target price
LIM & Tan Securities initiated coverage on offshore oil and gas contractor Dyna-Mac with a “buy” call and target price of S$0.45 on Monday (Mar 18). The initiation came as...
Vietnam’s stock trading volume jumps to record as investors sell
VIETNAMESE stocks’ trading volume soared to a record high as ongoing speculation that the nation’s president may quit this week hit investor sentiment. About 1.74 billion shares changed hands...
Top Japan banks weigh first rate-hikes on ordinary deposits in 17 years
MIZUHO Financial Group said on Tuesday (Mar 19) it plans to raise interest rates on ordinary yen deposits for the first time in 17 years after the Bank of...
BOJ ends massive easing programme with first rate hike since 2007
THE Bank of Japan (BOJ) pulled the curtain on the most aggressive monetary easing programme in modern history by ending the world’s last negative interest rate along with its...
Brokers’ take: CGS upgrades ISDN to ‘hold’ on demand rebound expectations
CGS International Securities has upgraded its rating on ISDN to “hold” from “reduce”, given a cautiously optimistic outlook for demand recovery in key markets, while lowering its target to...
