China
China Everbright’s profit for FY2023 rise 17% to HK$1.2 billion
CHINA Everbright Water’s net profit for the full year ended Dec 31, 2023, was up 17 per cent to HK$1.2 billion (S$206.2 million), as compared to HK$1 billion in...
China Everbright Water’s FY2023 profit rises 17% to HK$1.2 billion
CHINA Everbright Water’s net profit for the full year ended Dec 31, 2023, was up 17 per cent to HK$1.2 billion (S$206.2 million), as compared to HK$1 billion in...
China airlines can boost US flights to 50 per week, US says
CHINESE passenger airlines will be allowed to boost their weekly round-trip US flights to 50 starting on March 31, up from the current 35, the US Transportation Department said...
Ant outbids Citadel Securities for Credit Suisse’s China JV
ANT Group outbid Citadel Securities for Credit Suisse’s investment bank venture in China, in a surprise move that will be subject to close regulatory scrutiny, people familiar with the...
Raffles Medical posts 63.8% drop in H2 profit to S$30.3 million; looks to China, Japan growth
RAFFLES Medical Group posted a 63.8 per cent drop in net profit to S$30.3 million for the second half ended Dec 31, 2023, from S$83.7 million in the previous...
Taobao China Software to sell Suning.com stake to Alibaba affiliate
ALIBABA’S Taobao China Software will sell its 20 per cent stake in Chinese retailer Suning.com to another Alibaba affiliate, Hangzhou Haoyue Enterprise Management for 2.8 billion yuan (S$523 million),...
China gold premiums rise as demand picks up after holiday pause
PHYSICAL gold demand picked up in China this week as the top bullion hub reopened after the Chinese New Year holidays, while a correction in domestic prices in India...
China securities regulator says penalties will be severe in market crackdown
CHINA’S securities regulator said on Friday (Feb 23) it would mete out increasingly tough penalties on fraudulent listings, accounting scams and misappropriation of funds by big shareholders, as part...
