Technology
Alibaba groceries arm Freshippo CEO to retire, to be replaced by CFO
FRESHIPPO, the groceries arm of e-commerce giant Alibaba Group, has told its staff that its CEO Hou Yi will step down and retire and be replaced by the unit’s...
Dubai royal nephew opens US$500 million family office in Hong Kong
SHEIKH Ali Al Maktoum, the nephew of Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum, is opening a family office in Hong Kong, one of the first high-profile international...
Genting Singapore investors unfazed by Beijing’s warning to its citizens to stay away from gambling
SHARES of integrated resort operator Genting Singapore barely shifted hours after the Chinese government issued a public reminder on WeChat for Chinese citizens to “stay away from gambling”. In...
Tokyo: Stocks close sharply higher amid potential BOJ rate hike
TOKYO shares closed sharply higher Monday (Mar 18), with investors’ eyes on a possible upcoming interest rate hike from the Bank of Japan. The benchmark Nikkei 225 index jumped...
Founder of Vietnam EV maker VinFast launches global charging stations venture
[HO CHI MINH CITY] Pham Nhat Vuong, the Vietnamese billionaire founder of Vingroup, has spun off a new company from VinFast that will build on its charging-network infrastructure, freeing...
Korean Air nears deal for about 20 Airbus A350 widebody jets
KOREAN Air Lines is close to making a significant order for Airbus widebody jets, according to sources familiar with the matter, as the carrier looks to simplify its fleet...
Malaysian bonds beat emerging Asia peers as ringgit bounces back
MALAYSIA’S ringgit has been one of emerging Asia’s best performer this month, giving investors another reason to buy the nation’s bonds. The currency has strengthened almost 0.8 per cent...
Venture Global buys LNG shipping fleet to market fuel worldwide
VENTURE Global LNG, the United States liquefied natural gas (LNG) exporter embroiled in a dispute with several of its customers, is acquiring nine LNG carriers and expanding its sales...
