Culture
China probes Calvin Klein parent over suspected Xinjiang boycott
CHINA said it will investigate US apparel maker PVH for suspected boycotting of cotton sourced from its Xinjiang region, a probe that could lead to punishment for the parent...
Indonesia to launch central counterparty clearing house next week
INDONESIA will launch a central counterparty clearing house (CCP) next week for foreign exchange and money market transactions, its central bank said on Tuesday (Sep 24), as it aims...
STI cedes gains, bucks regional trend
THE Straits Times Index (STI) faltered on Tuesday (Sep 24), as regional indices posted gains at the end of the trading day.
The STI was down 0.4 per cent or...
KKR, GIC hire banks to sell stakes in US$3.2 billion Metro Pacific Health, sources say
The two hold an 80% stake in the private hospital group, and Metro Pacific Investments owns the restGLOBAL investment company KKR and Singaporean sovereign wealth fund GIC have appointed...
India’s first AI unicorn Fractal mulls US$500 million IPO
FRACTAL Analytics, a provider of artificial intelligence (AI) services, is considering filing for an initial public offering (IPO) in Mumbai as soon as November to raise US$500 million, sources...
India’s first AI unicorn Fractal will weigh US$500 million IPO
FRACTAL Analytics, a provider of artificial intelligence (AI) services, is considering filing for an initial public offering (IPO) in Mumbai as soon as November to raise US$500 million, sources...
Hong Kong, Shanghai lead markets rally after China stimulus
HONG Kong and Shanghai stocks led gains across Asia and Europe on Tuesday (Sep 24) after China unveiled fresh stimulus measures as the country’s leaders struggle to kickstart growth...
Credit Agricole in talks to invest in Guangzhou Auto unit
The transaction will give the leasing business a valuation of about US$600 million CREDIT Agricole is in advanced talks to invest in the financial leasing unit of Guangzhou Automobile...
Dulux maker Akzo Nobel plans to cut about 2,000 jobs globally
DULUX paint maker Akzo Nobel plans to cut about 2,000 jobs globally as part of efforts to reduce costs, targeting positions in its head offices, the Dutch company said...
Bank of Japan chief signals no rush in raising rates further
THE Bank of Japan (BOJ) can afford to spend time scrutinising market and overseas economic developments in setting monetary policy, governor Kazuo Ueda said on Tuesday (Sep 24), suggesting...
