Real Estate
GIC ‘excited’ by Japan, seeks to engage more with firms
GIC sees more opportunities to engage with Japanese companies to help them boost returns following a raft of governance reforms in the nation. The Singaporean sovereign wealth fund is...
Union at Samsung Electronics in South Korea to take strike action
SAMSUNG Electronics’ union in South Korea has declared it will start taking strike action, including advising members as an initial protest to take annual leave on June 7, a union...
What layoff benefits are Asian tech workers getting?
TECH in Asia has been tracking layoffs in Asia’s tech industry, and the numbers are staggering: Over 100,000 pink slips have been issued since the start of the funding...
Valuetronics posts 18.9% fall in H2 profit to HK$77.4 million
Valuetronics : BN2 0% Holdings : BN2 0%, which provides electronics manufacturing services, on Wednesday (May 29) posted an 18.9 per cent increase in net profit for the second...
Shell plans job cuts in offshore wind business
SHELL is preparing to cut staff from its offshore wind business as chief executive officer Wael Sawan moves the company away from the capital-intensive renewable energy sector.The British oil...
Sea cargo rates surge to pandemic highs
EQUIPMENT shortage, port congestion and a surge in shipments have come together to create a perfect storm, sending ocean freight rates up to highs last seen during the pandemic...
Apple loses bid to appeal order allowing consumer antitrust class action
APPLE has failed to persuade a US appeals court to consider blocking a class action that accuses the iPhone maker of monopolising the market for iPhone apps and keeping...
Europe: Shares decline as cautious Fed commentary weighs