Real Estate
UK’s Legal & General shelves China business licence plan, cuts headcount: sources
BRITISH insurer and asset manager Legal & General has shelved a plan to obtain a China business licence and more than halved onshore headcount, two sources said, joining a...
Bank of Japan’s Ueda eyes future decline in bond buying
BANK of Japan Governor Kazuo Ueda said on Friday the central bank will eventually scale back its government bond purchases, but will hold off on doing so for the...
Cathay pledges full summer schedule, normal prices within a year
CATHAY Pacific Airways pledged to run its full flight schedule over Easter and the upcoming summer months without any major cancellations, chief executive officer Ronald Lam said, as he...
China’s state banks step in to arrest yuan slide after key level breached, sources say
CHINA’S major state-owned banks were seen selling dollars on Friday, two people with knowledge of the matter said, in an attempt to arrest weakness in the yuan after it...
Samsonite slumps as dual listing plan dents buyout speculation
SAMSONITE International dropped as the luggage maker’s plans to pursue a second listing risks hurting hopes for a takeover from global buyout firms. Shares dropped 12 per cent in...
Samsung still lacking in AI investors’ eyes after Nvidia boost
A SURPRISE endorsement from Nvidia may have excited some investors over the prospects for Samsung Electronics to catch up in the artificial intelligence (AI) race, but others remain unconvinced....
Stocks to watch: Marco Polo Marine, Cordlife, No Signboard
THE following companies saw new developments that may affect trading of their securities on Friday (Mar 22): Marco Polo Marine: The shipyard and marine logistics company on Thursday said that...
Four Cordlife directors, former group chief arrested amid CAD probe
FOUR of Cordlife Group’s directors and its former group chief executive, Tan Poh Lan, were arrested and released on bail by the Commercial Affairs Department (CAD). On Friday (Mar...
