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It has been a difficult year for the group, whose Cathay Cineplexes unit is already in voluntary liquidation Mired in debt and facing insolvency, mm2 Asia is experiencing its annus…
Unit fuelled by strong investment inflows into Malaysia and encouraging follow-through on fiscal policies The Malaysian ringgit is on a roll this year. It has gained about 7 per cent…
Honda’s downgrade to its full-year profit outlook underscores the immediate pressure from US tariffs and global chip shortages – but the deeper, longer-term challenge lies in intensifying…
The region’s gross merchandise value is also expected to grow to US$305 billion this year The digital economies of South-east Asia are projected to hit a revenue of US$100 billion in 2025,…
Indonesia’s sovereign wealth fund Danantara is reducing its financial support for flag carrier Garuda Indonesia, putting in doubt the distressed airline’s ability to refresh its fleet.…
“JUST popping in to say hello.” Late one Tuesday night, Bank of Thailand Governor Vitai Ratanakorn surprised more than a hundred journalists in the bank’s media group chat with a direct…
Private funding for South-east Asia’s digital economy grew 15 per cent from a year earlier to US$7.7 billion in the 12 months to June 2025, lagging the global growth rate of 25 per cent…
MOST Asian markets rose for the second day in a row on Tuesday as US lawmakers edged towards ending a record government shutdown. The prospect of an end to the Washington standoff, which…
Yoma Strategic on Tuesday (Nov 11) posted net loss for the first half year ended September of US$8.7 million, which narrowed from US$10.5 million in the same period the prior year. This…
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary of Amazon. The warrants will be issued to Amazon…
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the premium ones…
AS JAPAN gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap - with its systems still crippled more than a month after a cyberattack…
US PRSIDENT Donald Trump threatened on Monday to dock pay of air traffic controllers he accused of shirking their “patriotic” duty, while their union decried being used as “political…
The West Hollywood-based queer dating app Grindr could soon go private after the chair of the board submitted a buyout bid and stepped down from his position. James Lu, who served on…
WALL Street’s main indexes opened higher on Monday (Nov 10), with risk sentiment aided by signs of progress in Washington to end a record US government shutdown that has stalled economic…
US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football club Atletico Madrid, the club said on Monday (Nov…
It applied for an order to prohibit current, pending or threatened proceedings from being commenced or continued against it Embattled entertainment group mm2 Asia is seeking a court…
Participating retailers at Frasers Property malls will get free account setup and payment terminals Frasers Property has announced a five-year partnership with CIMB Singapore to provide…
It expects its full-year underlying profit to be ‘broadly similar’ to that of 2024 Mainboard-listed Jardine Cycle & Carriage (Jardine C&C) expects its 2025 underlying profit to be “broadly…
The committee will oversee and ensure the effective and efficient implementation of all strategic decisions issued by the board to management Malaysian retail group Duty Free International…
Genting Singapore is the top gainer on the index while ST Engineering had the biggest decline The Straits Times Index (STI) closed down on Monday (Nov 10), as regional indices finished…
Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday (Nov 10), ending a months-long search. The company is turning to an outsider to steer the world’s largest spirits maker…
City looking to sell digital green bonds denominated in US dollars, Hong Kong dollars, euros and offshore yuan HONG Kong is marketing a new set of “digitally native” bonds denominated in…
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins [BEIJING/SHANGHAI] China’s Internet platforms are quietly…
