Firms
FTX clear to repay customers as firms seek slice of US$1 billion
CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago, an unusual result that...
Gold subdued as US jobs data firms bets for smaller rate cut
GOLD prices eased on Monday (Oct 7) as bets firmed for a smaller US rate cut after a surprisingly strong jobs report, while market participants awaited inflation data and...
Singapore’s high costs, Asia demand-supply gap see closure of US firm’s Jurong Island chemical plant
The company will continue supplying alkylphenol from other manufacturing facilities in Europe and the AmericasCHEMICALS company SI Group will close its alkylphenol manufacturing facility on Jurong Island in the second...
EU probes some financial services firms over possible antitrust violations
THE European Commission said on Monday it has conducted unannounced inspections at financial services companies in two member states over possible breaches of antitrust regulations.“The Commission has concerns that the inspected...
How firms can use AI to fight advanced cyber attacks
FROM March to August this year, organisations in Singapore faced an alarming average of 1,775 cyber attacks*. This is higher than the worldwide average of 1,587, according to a...
US dollar firms against yen after BOJ cautious tone over rate hikes
THE US dollar strengthened against the yen on Friday (Sep 20) after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry...
India IPO frenzy continues as state power firm’s unit plans 100 billion rupees listing
THE renewable-energy arm of India’s state-run power producer NTPC is seeking to raise as much as 100 billion rupees (S$1.5 billion) in its initial public offering, underscoring how the...
Taiwan’s US$4 billion takeover battle hits snag with rejection of financial firm’s bid
SHARES of Taiwan’s CTBC Financial Holding gained and Shin Kong Financial Holding’s fell after a bid to create the island’s biggest financial group was blocked.CTBC’s shares rose 2.8 per...
Only a third of Japanese firms are truly disclosing business plans as directed by Tokyo bourse: Nippon Life Insurance
LESS than a third of domestic companies that have complied with the directive from the Tokyo Stock Exchange (TSE) to disclose their business improvement plans have actually provided detailed...
Less than a third of Japanese firms are truly disclosing business plans as directed by Tokyo bourse: Nippon Life Insurance
LESS than a third of domestic companies that have complied with the directive from the Tokyo Stock Exchange (TSE) to disclose their business improvement plans have actually provided detailed...