Culture
Indonesia weighs new central bank mandate; rupiah weakens
[ad_1] INDONESIAN lawmakers are weighing changes at the central bank that include a broader mandate and a lower bar for removing senior officials, heightening investor concerns about the monetary authority’s...
China’s Tencent aims to raise US$1 billion equivalent in dim sum bonds
[ad_1] [SYDNEY] Chinese gaming and social media leader Tencent Holdings is aiming to raise the equivalent of US$1 billion in a three-tranche offshore yuan bond deal, according to two sources...
Majority of BOK board members back future policy easing
[ad_1] [SEOUL] South Korea’s monetary policy board said the economy needs more policy interest rate cuts in the coming weeks to address the hit to growth from US tariffs, minutes...
Great Eastern up 2.7%, hits highest price since trading resumption during market hours
[ad_1] Insurer’s shares were suspended in July 2024 after its free float fell under 10% following a failed takeover bid by its parent OCBC[SINGAPORE] Great Eastern shares rose by close...
Australian pension funds to expand use of forex hedging as size grows
[ad_1] [SYDNEY] Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the second-largest globally with...
Metro soars 10% to near 2-year high on news of strategy revamp
[ad_1] [SINGAPORE] Shares of department store retailer Metro advanced by 10 per cent on Tuesday (Sep 16), following news of its retail strategy revamp. The counter closed on Monday at...
ComfortDelGro, RATP consortium pre-qualifies for Copenhagen Metro bid
[ad_1] [SINGAPORE] KBH Metro Partner, a consortium formed by ComfortDelGro (CDG) and RATP Dev, has been officially pre-qualified to bid for the upcoming operations and maintenance contract for the Copenhagen...
Hesai jumps in Hong Kong debut after HK$4.2 billion listing
[ad_1] The company plans to use the proceeds to help lower the manufacturing costs of lidar systems[HONG KONG] Hesai Group, the world’s largest maker of lidar sensors used in cars,...
Asia: Markets rise as traders prepare for expected US rate cut
[ad_1] ASIAN stocks rose again on Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this week, while they...
Webtoon shares soar on Disney investment, web comic venture
[ad_1] The broader partnership comes a month after the two companies announced their initial intent to collaborate[SEOUL] Walt Disney is bringing all of its marquee comics to a new digital...
