Culture
InnoTek conducts buybacks following robust FY2024
[SINGAPORE] Over the five trading sessions from Apr 17 to 24, institutions were net sellers of Singapore stocks, with net institutional outflow of S$14 million. This brings the net...
Europe: Shares hit three-week high as US-China trade tensions ease
[BENGALURU] European shares ended at a three-week high on Friday (Apr 25), notching up their second straight weekly gain as signs of a potential de-escalation in the US-China trade war...
Toyota chairman proposes record buyout of its supplier at US$42 billion valuation
[TOKYO] Toyota Motor chairman Akio Toyoda has proposed a buyout of supplier Toyota Industries, people familiar with the matter said, seeking to consolidate his grip on Japan’s biggest business...
China’s Didi recruits ride-hailing drivers in Hong Kong push
[HONG KONG] China’s Didi Global is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China.
The move sets the Chinese ride-hailing pioneer up...
Seatrium chief financial officer resigns, to be replaced by strategy EVP
Current CFO Adrian Teng is leaving to pursue personal interests, with Stephen Lu taking up the role[SINGAPORE] Seatrium has appointed Stephen Lu, its executive vice-president (EVP) for strategy, as...
Samsung to invest US$117 million in southern Indian facility
Published Fri, Apr 25, 2025 · 04:59 PM[SEOUL] South Korea’s Samsung Electronics will invest US$117.09 million in its facility in southern India, a minister said on Friday (Apr 25),...
Seven & i’s new CEO aims aggressive investments in US stores
[TOKYO] Seven & i Holdings’ new chief executive officer plans to boost investments in its US stores using cash from a planned listing of its American retail operations.“The initial...
Citi picks Goldman Sachs’ Christopher Chan to head Asia-North and South markets solutions for financial institutions
[SINGAPORE] Citi on Friday (Apr 25) announced that former Goldman Sachs banker Christopher Chan will be its new Asia-North and South head of markets solutions for financial institutions, starting...
JD.com’s delivery clash with Meituan may worsen US$70 billion rout
[HONG KONG] While much of the world is focused on a volatile international trade war, two of China’s largest Internet companies are inflicting greater damage on each other at...
CapitaLand Integrated Commercial Trust NPI slips 0.8% on lower revenue
[SINGAPORE] CapitaLand Integrated Commercial Trust posted a net property income (NPI) of S$291.5 million for its first quarter of FY2025, a 0.8 per cent fall from the previous corresponding...
