Real Estate
Julius Baer announces 400 job cuts, executive board revamp
JULIUS Baer Group’s new chief executive officer Stefan Bollinger announced a radical revamp of the bank’s leadership and a cost-cutting drive that will claim hundreds of jobs at the...
Private healthcare players upbeat as China hospitals ease rules on foreign ownership
Significant investments are needed for these hospitals to make returns, observers sayTHE Chinese government’s recent move to allow foreign healthcare players to wholly own hospitals in certain regions will...
SoftBank’s Son, OpenAI’s Altman to unveil Japan AI thrust
SOFTBANK Group’s founder Masayoshi Son is taking the stage in Tokyo on Monday (Feb 3) with OpenAI chief Sam Altman, part of a global push to spur investment in...
Gold dips as US dollar strengthens on Trump tariffs
GOLD prices fell in early Asian hours on Monday (Feb 3), pressured by a stronger US dollar as fears of a global trade war mounted after US President Donald...
TSMC shares in focus on return from holiday after DeepSeek jolt
TAIWAN Semiconductor Manufacturing Company (TSMC) will be in focus as shares resume trading on Monday (Feb 3) after a global sell-off in artificial intelligence (AI) linked stocks last week.Investors...
Car prices face US$3,000 increase as tariffs hit auto sector
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a...
Stellantis managers to step down as part of shakeup
STELLANTIS is planning another shakeup of its management ranks as the automaker deepens its overhaul following the ouster of chief executive officer Carlos Tavares, according to sources familiar with...
InnoTek shifts gears to AI, EVs to capture industry changes
Already in China, Thailand and Vietnam, the company is mulling a move into MalaysiaFACED with a changing disk drive industry more than 15 years ago, InnoTek – previously Magnecomp,...
