HONG KONG: Hong Kong Exchanges and Clearing (HKEX) sees a trend of secondary listings by New York-listed Chinese companies bolstering its prospects, as the bourse reported a 1 per cent increase in first-half profit on Wednesday (Aug 19). E-commerce giant Alibaba completed its secondary listing in ...
SINGAPORE: Grain trader Archer Daniels Midland Co (ADM) said on Wednesday (Aug 19) it plans to sell shares and bonds in Singapore-based Wilmar International with a combined value of US$800 million. ADM, which is one of Wilmar's largest shareholders, added that it expects to retain at least a 20...
Citigroup Inc is suing two more lenders, HPS Investment Partners and Symphony Asset Management, for allegedly refusing to return a combined US$237 million that was mistakenly sent out by the bank, court documents showed.
Shares of Gilead Sciences fell 3per cent after the U.S. Food and Drug Administration declined to approve its experimental rheumatoid arthritis treatment, a major setback for one of the drugmaker's important products.
Misleading health content has racked up an estimated 3.8 billion views on Facebook Inc over the past year, peaking during the COVID-19 pandemic, advocacy group Avaaz said in a new report https://secure.avaaz.org/campaign/en/facebook_threat_health on Wednesday.
General Motors Co is planning an electric car offensive in China with more than 40per cent of its new launches in the country over the next five years set to be electric vehicles (EVs), the U.S. carmaker said on Wednesday.
SHANGHAI: General Motors is planning an electric car offensive in China with more than 40 per cent of its new launches in the country over the next five years set to be electric vehicles, the US carmaker said on Wednesday (Aug 19). GM's electric vehicles, many of which will be all-electric...
SINGAPORE: Efforts to refresh lifestyle enclave Dempsey Hill have hit a speed bump, after authorities rejected all five offers from companies bidding for one vacant block, while postponing plans to fill two other blocks. The Singapore Land Authority (SLA) told CNA on Friday (Aug 14) that the five ......
Off-price retailer TJX Cos Inc on Wednesday beat market estimates for quarterly net sales, helped by strong demand for home-improvement products from consumers stuck indoors during the coronavirus lockdown.
SINGAPORE: Millennium Hotels and Resorts has laid off 159 employees as the economic fallout of COVID-19 hits the tourism and hospitality industry hard, the company said on Wednesday (Aug 19). "Millennium Hotels and Resorts in Singapore has embarked on a workforce rationalisation and right-sizing ...
