Asia

HSBC names Asia country, banking heads in CEO’s major revamp
HSBC names Asia country, banking heads in CEO’s major revamp
HSBC Holdings gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers. Peter Kim was appointed head of banking on top...
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
GLOBAL demand for liquefied natural gas is estimated to rise by around 60 per cent by 2040, driven largely by economic growth in Asia, AI impact and efforts to...
Jefferies hires two senior traders from CLSA in Asia push
Jefferies hires two senior traders from CLSA in Asia push
JEFFERIES Financial Group hired two senior traders from CLSA, building out in Asia-Pacific after its revenue in the region jumped last year, a source familiar with the matter said....
Manulife’s profit climbs on wealth management strength, Asia growth
Manulife’s profit climbs on wealth management strength, Asia growth
MANULIFE Financial posted higher fourth-quarter profit on Wednesday, bolstered by a thriving wealth and asset management business and strong growth in Asia.The results underscore the rising significance of Manulife’s...
Model and Former Miss Asia World Angy Morad Dies at 33 After Childbirth—Newborn Also Passes Away
Angy Morad, a renowned Syrian model and actress, has died at the age of 33 after complications from childbirth. The former Miss Asia World 2017 and her newborn both...
Asia banks stick with net-zero group that Wall Street abandoned
Asia banks stick with net-zero group that Wall Street abandoned
SEVERAL large Asian banks have joined their European peers in offering support to the industry’s biggest climate alliance, after a wave of exits by Wall Street and Canadian lenders. Singapore...
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife 
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife 
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 19). UOB: The lender on Wednesday posted a net profit of S$1.52 billion...
Meta says it plans to build the world’s longest undersea internet cable
Facebook’s parent company Meta said it’s working on the world’s longest undersea cable as part of the social media giant’s efforts to connect more people to high-speed internet.Called Project...
Parkson Retail Asia reports S.8 million in Q4 profit
Parkson Retail Asia reports S$5.8 million in Q4 profit
Earnings per share for its continuing operations stands at S$0.0086, down from S$0.0116 previouslyDEPARTMENT store operator Parkson Retail Asia posted net profit of S$5.8 million for the fourth quarter...
Asia: Tech rally helps Hong Kong lead markets higher
Asia: Tech rally helps Hong Kong lead markets higher
HONG Kong resumed its tech-led rally on a healthy day for Asian markets on Tuesday (Feb 18) as a meeting between President Xi Jinping and China’s top business leaders...