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South Korea plans 10 trillion won programme to support chip industry
South Korea is preparing a programme to provide more than 10 trillion won (S$9.9 billion) to strengthen the country’s pivotal semiconductor industry, Finance Minister Choi Sang-mok said. Choi, in a...
China’s central bank vows to support economic recovery
China’s central bank said on Friday (May 10) it will ensure reasonably ample liquidity and credit expansion to consolidate the country’s economic recovery, which still faces many challenges.The People’s...
Nanjing Xinjiekou seeks shareholders’ support at AGM to emerge from ‘darkest chapter’ in Cordlife’s history
NANJING Xinjiekou Department Store is seeking the support of Cordlife shareholders to remove four directors from the board of the cord-blood bank, ahead of the group’s annual general meeting...
Data centre operators seek government support as demand for green energy surges
TOTAL power demand from data centres in Singapore is expected to increase as more companies digitalise and transition to using cloud infrastructure. In view of this, market watchers say...
Europe: Shares end higher on tech support; banks slide
EUROPEAN shares notched its biggest one-day gain since a week ago on Friday (Apr 4), driven by gains in the technology sector, while banks dropped to over a week’s...
Singapore-licensed Triple-A to offer PayPal stablecoin support
SINGAPORE-BASED payments firm Triple-A will add PayPal’s stablecoin to the list of tokens its customers can use to pay merchants.Triple-A, which is the first licensed crypto payments company in...
Iran Threatens to Fire Weapons It Has ‘Never Used Before’ If Israel Retaliates as It Readies to Acquire Military Support from Russia
Iran is reportedly acquiring a terrifying arsenal from Russia, which includes anti-aircraft launchers and fighter jets and is threatening to fire never before used weapons in "a severe, extensive...
Ringgit’s drop towards 26-year low spurs BNM to pledge support
MALAYSIA’S central bank reaffirmed it is ready to support the ringgit, which is hovering close to the lowest level since 1998.Bank Negara Malaysia (BNM) will ensure the “orderly functioning...
