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Japanese insurers, banks to sell Honda shares worth US.3 billion, filing shows
Japanese insurers, banks to sell Honda shares worth US$3.3 billion, filing shows
The move is to unwind cross-shareholdings which can lead to lax governance by protecting management from shareholdersJapanese financial groups including Tokio Marine, Sompo and two MS&AD units will sell...
AI deals lift US venture capital funding to highest level in two years, data shows
AI deals lift US venture capital funding to highest level in two years, data shows
US VENTURE capital funding surged to US$55.6 billion in the second quarter, marking the highest quarterly total in two years, according to PitchBook data published on Wednesday (Jul 3).The...
Biden revoked 8 licenses for China’s Huawei in 2024, document shows
Biden revoked 8 licenses for China’s Huawei in 2024, document shows
THE Biden administration has revoked eight licences this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document seen by...
Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows
Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows
FINANCIAL advisory fees from mergers and acquisitions (M&A) in Asia dropped to the lowest levels in 11 years in the first half of 2024, with little signs of a...
Only 1 in 10 Singapore listcos shows how boards make major stakeholder decisions: study
Only 1 in 10 Singapore listcos shows how boards make major stakeholder decisions: study
The survey of 80 Singapore-listed firms also finds that large-cap companies outperform smaller enterprises in investor relationsALTHOUGH the vast majority of Singapore-listed companies recognise that businesses should allocate more...
Singapore port congestion shows global ripple impact of Red Sea attacks
Singapore port congestion shows global ripple impact of Red Sea attacks
CONGESTION at Singapore’s container port is at its worst since the Covid-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean...
Singapore Casino Tragedy: Viral Video Shows Man’s Collapse After $4 Million Jackpot
In a shocking event at Singapore's Marina Bay Sands Casino, a man died shortly after winning a $4 million jackpot. The unnamed man suffered a fatal heart attack, believed...
Bank of Japan debated need for timely rate hike at June meeting, summary shows
Bank of Japan debated need for timely rate hike at June meeting, summary shows
THE Bank of Japan (BOJ) debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase without delay to address risks of...
Indian Woman Dies After Video Shows Her Pressing Accelerator in Reverse Gear While Shooting Cliff-Side Reel
A 23-year-old woman died on Monday after she mistakenly pressed the car's accelerator while the vehicle was in reverse gear, causing the vehicle to plunge into a valley in...
BOJ index shows more Japan firms passing on wage costs in services prices
BOJ index shows more Japan firms passing on wage costs in services prices
The price Japanese companies charge each other for services with high labour costs rose 2.8 per cent in April from a year earlier, the fastest increase in nearly four...