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Vietnam set to launch new stocks trading system in bid for market upgrade
Vietnam set to launch new stocks trading system in bid for market upgrade
VIETNAM is readying the launch next week of a new stocks trading system that would speed up settlement of transactions, as part of reforms aimed at upgrading the country’s...
Malaysia to build region’s largest chip design park in bid for top startup-hub status
Malaysia to build region’s largest chip design park in bid for top startup-hub status
[KUALA LUMPUR] With a 13 per cent market share in the global chip industry, Malaysia is set to up the ante by constructing the region’s largest integrated circuit (IC)...
Malaysia to build region’s largest chip design park in bid for top startup-hub status
Malaysia to build region’s largest chip design park in bid for top startup-hub status
[KUALA LUMPUR] With a 13 per cent market share in the global chip industry, Malaysia is set to up the ante by constructing the region’s largest integrated circuit (IC)...
Blackstone makes rival US.5 billion bid for troubled Hipgnosis
Blackstone makes rival US$1.5 billion bid for troubled Hipgnosis
US asset manager Blackstone has made a US$1.5 billion takeover bid for UK music rights owner Hipgnosis Songs Fund, beating out rival Concord’s offer.The bid, issued by Blackstone Europe...
VW unveils new China EV software in bid to regain lost ground
VW unveils new China EV software in bid to regain lost ground
VOLKSWAGEN will roll out a new digital architecture to make its electric vehicles more appealing in China, where it has fallen behind local champion BYD.   The so-called China Electrical...
Toshiba to cut 5,000 jobs in latest bid to restructure
Toshiba to cut 5,000 jobs in latest bid to restructure
TOSHIBA plans to cut 5,000 jobs in Japan, or roughly a tenth of its domestic headcount, in a bid to cut costs and focus on its infrastructure and digital...
Apple loses bid to throw out UK lawsuit over App Store fees
Apple loses bid to throw out UK lawsuit over App Store fees
APPLE’S bid to dismiss a lawsuit valued at nearly US$1 billion was rejected on Friday (Apr 12), with a judge ruling it must face allegations it charged more than...
Quarz, ESR reach resolution over alleged defamation during Sabana internalisation bid
Quarz, ESR reach resolution over alleged defamation during Sabana internalisation bid
ACTIVIST investor Quarz Capital has reached a resolution with ESR after the property company initiated court proceedings over alleged defamatory statements made during Quarz’s push to internalise the management...
Meta pushes back on US FTC’s bid to amend 2020 privacy settlement
Meta pushes back on US FTC’s bid to amend 2020 privacy settlement
META Platforms has rebuffed an attempt by the US Federal Trade Commission (FTC) to amend a 2020 privacy settlement, noting that it had voluntarily disclosed two technical errors related...
Nippon Steel defends US deal after Biden comes out against bid
Nippon Steel defends US deal after Biden comes out against bid
NIPPON Steel said it’s determined to complete its US$14.1 billion acquisition of United States Steel after President Joe Biden stated the company should stay in US hands. In the...