Technology
Cordlife substantial shareholders submit separate EGM requisition notices to remove directors in tussle
BELEAGUERED cord-blood bank Cordlife is now embroiled in a shareholder dispute, with two substantial shareholders separately requisitioning to remove directors from its board. In a bourse filing on Thursday...
Hot stock: Marco Polo Marine rises as much as 6.8% amid heavy trading
SHARES of Marco Polo Marine rose on Thursday (Mar 21) morning as trading volumes for its ordinary shares on the open market surged.As at 9.23 am, the shipyard and...
JPMorgan weighs naming new China chiefs in reshuffle
JPMORGAN Chase & Co is considering appointing its Asia-Pacific chief financial officer and a key Hong Kong dealmaker to run its China business, sources familiar with the matter said....
Microsoft is attracting growing criticism for censoring Bing in China
A SECOND United States Senator has attacked Microsoft’s operations in China, adding to a wave of criticism from human rights groups following a Bloomberg Businessweek investigation about the way...
Hong Kong holds rate as Fed sticks to rate cut outlook
THE Hong Kong Monetary Authority (HKMA) followed the Federal Reserve in holding its base rate, as United States officials maintained their outlook for three interest-rate cuts this year. The...
Barclays readies hundreds of job cuts in investment bank
BARCLAYS is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a yearslong efforts to trim costs and boost profits within the...
Reddit prices IPO at top of indicated range to raise US$748 million
SOCIAL media platform Reddit priced its initial public offering at the top of its targeted range of US$31 to US$34 per share on Wednesday, raising US$748 million and giving...
Sam Bankman-Fried lives ‘life of delusion,’ new FTX CEO says as sentencing looms
SAM Bankman-Fried is delusional in claiming the possibility customers of now-bankrupt FTX cryptocurrency exchange may recover funds means he did not steal, his successor as CEO said on Wednesday. Bankman-Fried was...
