Peru’s Chinese-built mega port to soft launch in late November with Shanghai route
PERU’S massive Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, will ship two ...
Tag: Mega
China’s mega banks trim deposit rates as stimulus hits profits
CHINA’S largest state-owned lenders have cut their deposit rates on Friday (Oct 18), their second reduction this year as they ...
MMC Port said to be weighing mega Malaysia IPO valued at up to RM7 billion
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanesMMC Port Holdings has been ...
MMC Port said to be weighing mega Malaysia IPO valued at up to RM27 billion
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanesMMC Port Holdings has been ...
China to boost capital at mega banks for first time in a decade
CHINA is planning to recapitalise its biggest commercial lenders for the first time in more than a decade, seeking to ...
China’s mega banks deliver on dividend pressure as profits fall
CHINA’S biggest lenders heeded calls from regulators to boost dividends and support markets even as earnings are under pressure from ...
Mars to acquire Cheez-It, Pringles maker Kellanova in mega US$36 billion deal
FAMILY-OWNED candy giant Mars, whose brands include M&M’s and Snickers, said on Wednesday (Aug 14) it would buy Cheez-It and ...
German Allianz to invest in China’s mega pension company with 2% stake
ALLIANZ Global Investors (AGI), one of the investment arms of German insurer Allianz, has become the first foreign company to ...
Singapore architectural firm wins US$28 million deal to light up mega theme park in Saudi Arabia
SINGAPORE-BASED Swan & Maclaren Group (SMG), one of the country’s oldest architectural firms, has clinched a US$28 million tender to ...
China’s mega banks post rare profit drops on margin squeeze
INDUSTRIAL & Commercial Bank of China (ICBC), the nation’s largest lender, reported its first decline in quarterly profit in more ...
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