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India puts brakes on a 10,000% stock rally over fake disclosures
[ad_1] India’s securities market regulator on Monday (Dec 23) suspended trading in shares of Bharat Global Developers, the latest in a string of crackdowns on companies manipulating their stock price...
SingPost shares tumble over 10%; OCBC lowers target price after fiasco
[ad_1] SOME analysts left their ratings on SingPost unchanged on Monday (Dec 23), although corporate governance issues was raised as a risk following a fiasco at the company which resulted...
Chinese EV makers hit EU wall as tariffs inflate cost of imports
[ad_1] CHINESE automakers captured their smallest share of Europe’s electric vehicle (EV) market in eight months after new tariffs added as much as 35 per cent to the cost of...
Licences issued to ride-hailing and taxi operators ahead of new rules in 2025
[ad_1] THE licensed operators of point-to-point (P2P) transport services were announced by the Land Transport Authority (LTA) on Monday (Dec 23), ahead of rule updates to the sector that begin...
Two new ride-hailing operators awarded provisional licences in Singapore
[ad_1] TWO new ride-hail service operators – Geo Lah and Trans-cab Services – will enter the Singapore market in 2025. The news comes as licensed operators of point-to-point (P2P) transport...
US investors pay biggest premium for TSMC shares in two months
[ad_1] TAIWAN Semiconductor Manufacturing Company’s (TSMC) US-listed shares cost almost 25 per cent more than those in its domestic market at the end of last week, a sign that global...
What we know about SingPost’s Parcelgate scandal so far
[ad_1] SINGAPORE Post (SingPost) has fired three of its senior management executives as they were found to be negligent in the handling of internal investigations over a whistleblower’s report.They are...
Japan’s bond market is set to absorb biggest supply in a decade
[ad_1] INVESTORS are set to face the largest supply of Japanese sovereign bonds in at least a decade as the central bank plans to shrink its balance sheet, adding to...
OCBC, UOB to pay out second cost-of-living bonuses for junior staff
[ad_1] FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living...
Asia: Markets track Wall Street rally as US inflation eases rate worries
[ad_1] ASIAN markets rose on Monday (Dec 23)after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a...