Fashion
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
[ad_1] [HONG KONG] China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based company is open to engage with more...
Maybank Q1 net profit rises 4% to RM2.6 billion
[ad_1] [SINGAPORE] Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM2.5 billion in the previous corresponding period....
China raises cross-border renminbi use requirement for major banks
[ad_1] The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global tradePublished Mon, May 26, 2025 · 07:21 PM[BEIJING] China’s central bank asked its major...
Chinese food delivery giant Meituan net profit up 46.2% in first quarter
[ad_1] The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts sayPublished Mon, May 26, 2025 · 05:36 PM[SHANGHAI] China’s...
Hong Leong Bank forms private banking alliance with Lombard Odier
[ad_1] [SINGAPORE] Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May 26) announced it has formed...
India’s central bank seeks approval for overseas rupee lending: sources
[ad_1] [NEW DELHI] India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first...
Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing
[ad_1] [SINGAPORE] With demand for foreign workers continuing to outpace the supply of dormitory spaces, Centurion Corporation is ramping up capacity and exploring asset monetisation, making it a small-cap property...
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
[ad_1] [BEIJING] Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam while also looking to secure more long-term...
China’s ambassador warns Australia over Port of Darwin lease
[ad_1] The decision to lease the port to Landbridge has been criticised in the decade since the deal was announced, including by former US president Barack ObamaPublished Mon, May 26,...
Asia’s rich trim US exposure, head to Europe amid tariff turmoil
[ad_1] [SINGAPORE] Asian private banking clients sprang into action over the past month, refusing to sit idle when faced with the whiplash in global financial markets caused by the tariff...
Logistics reimagined: More young people in Singapore are drawn to tech-related roles in the field
[ad_1] [SINGAPORE] Gone are the days when logistics was seen as an unglamorous, manual labour-intensive field.As many bigger logistics firms undergo digital transformation in recent years, they also become increasingly...
