Fashion
Honda seeks to buy out Renault’s stake in Nissan, Kyodo reports
HONDA Motor has asked Nissan Motor whether it would be able to acquire Renault’s shareholding, according to a Kyodo News report, as the two Japanese automakers prepare to combine...
China to probe US chip dumping and subsidies in response to tech sanctions
CHINA will start an investigation into whether the US dumps lower-end chips and unfairly subsidises its own chipmakers, one of Beijing’s strongest retaliatory moves so far against American technology...
CDL divests over S$600 million of assets in 2024, including Suzhou project
City Developments Ltd (CDL) achieved total divestments of more than S$600 million in 2024 as part of its capital recycling initiative, announced the real estate company in a bourse filing...
Alliance Bank Malaysia’s top shareholder Vertical Theme said to be mulling sale to DBS
INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia, according to people familiar...
Bezos’ Blue Origin reaches orbit in first New Glenn launch, misses booster landing
BLUE Origin’s giant New Glenn rocket blasted off from Florida early Thursday (Jan 16) morning on its first mission to space, an inaugural step into Earth’s orbit for Jeff...
DBS could declare special dividend of S$0.50, raise ordinary DPS to S$0.60: CGSI
DBS may declare a special dividend of S$0.50 for the fourth quarter of FY2024 as well as raise its ordinary dividend per share to S$0.60, said CGS International in...
Ardian raises US$30 billion in world’s biggest private equity secondary market fundraising
FRENCH private equity (PE) group Ardian has raised a record US$30 billion in the largest-ever secondary market fundraising globally. This is Ardian’s ninth such fundraising since 1999, and is...
China cash squeeze rolls on even after PBOC liquidity boosts
CHINA’S cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike in demand for funds.The volume-weighted average rate...
BYD wants to win over South Korea with 31.5 million won electric car
CHINA’S BYD will launch three electric passenger cars in South Korea this year, with an aggressive pricing strategy that it hopes will win market share from legacy local brands...
Gold hits over one-month peak on Fed rate-cut hopes
GOLD prices hit more than one-month highs on Thursday (Jan 16) in early Asian hours after data showed US core inflation rose less than expected in December, raising hopes...
