Technology
HSBC introduces new bonus system for most junior employees
HSBC Holdings is introducing a new bonus plan for most junior employees in support roles as it seeks to improve transparency on compensation. Those staff will be given a...
Aviation industry faces challenges of affordable airfares, inadequate manpower
THE aviation industry in the post-pandemic era is not short of challenges, ranging from keeping airfares affordable, especially during festive seasons when profit margins are “razor-thin”, to having adequate...
China state banks earmark 60 billion yuan for property projects
CHINA’S state-owned lenders have earmarked at least 60 billion yuan (S$11.4 billion) of loans for property projects eligible for support, heeding Beijing’s call to boost lending to the beleaguered...
BYD announces new stock buyback and plans more luxury models
BYD is planning to repurchase more shares, the automaker said in a filing on Sunday (Feb 18), as it seeks to revive a stock price slump resulting in a...
Elite Commercial Reit posts 40.9% drop in H2 DPU to 1.33 pence
ELITE Commercial Reit on Monday (Feb 19) posted a distribution per unit (DPU) of 1.33 pence for the second half ended Dec 31, 2023, representing a payout ratio of...
Stocks to watch: Cosco Shipping, Sri Trang Agro-Industry, Sri Trang Gloves, Olam, Elite Commercial Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 19):Cosco Shipping: The logistics management service provider said in its profit guidance on...
What’s the ‘January effect’ for stocks? Is it real?
FOR decades, a popular theory has held that US stocks tend to rise more in January than in other months. The existence of this phenomenon, known as the January...
More training, tighter regulations needed as board directors face ‘increasingly demanding’ role
BOARD directors are facing increasing demands from regulators and the market, and need self-discipline to keep up to date on the affairs of their companies, say industry observers.Mandatory training...
