OCBC on Thursday said it has appointed the bank's head of group operations and technology Lim Khiang Tong as the bank's group chief operating officer (COO), to drive and accelerate transformation.
STOCKHOLM: Volvo Cars, owned by China's Geely Holding, will halt production at its Belgian plant in Ghent over next week, it said on Thursday, citing a global shortage of semiconductor chips. The chip shortage has hit automakers globally and stems from a confluence of factors as carmakers ...
Hong Kong's seasonally adjusted unemployment was 6per cent in the March-May period, the government said on Thursday, with the labour market improving as economy continued to recover and the coronavirus outbreak receded.
Taiwan's central bank left its policy rate unchanged on Thursday, as expected, as the island's export-dependent economy remains on a strong growth path despite a spike in coronavirus cases at home. The central bank kept the benchmark discount rate at 1.125per cent, where it has stood since March ......
BEIJING: ByteDance founder Zhang Yiming told staff on Thursday (Jun 17) that he was already shifting away from chief executive's daily responsibilities and his work pace was less intense, according to two people who attended the meeting. In May, Zhang unexpectedly announced that he will step down ...
SEOUL: South Korean digital bank Kakao Bank Corp has received preliminary approval for its planned initial public offering, the Korea Exchange said on Thursday. Kakao Bank filed for a review of its IPO plans in April. (Reporting by Heekyong Yang; editing by Jason Neely)
PARIS: Cathay Pacific is working with Airbus to introduce "reduced crew" long-haul flights with a sole pilot in the cockpit much of the time, industry sources told Reuters. The programme, known within Airbus as Project Connect, aims to certify its A350 jet for single-pilot operations during high ...
BEIJING: Vice Premier Liu He, China's economic czar, has been tapped to spearhead the development of so-called third-generation chip production and lead the formulation of policy support for the technology, Bloomberg News reported on Thursday (Jun 17), citing sources. Liu is also overseeing ...
SYDNEY: Cathay Pacific Airways on Thursday (Jun 17) said that non-local pilots based in Hong Kong had been granted work permit extensions, two weeks after it launched a recruitment drive for local pilots and closed bases in Australia and New Zealand. Pilots on the Boeing 747 freighter fleet and...
JAKARTA: Indonesia's central bank held its main interest rates at a record low for a fourth straight meeting, seeking to keep monetary policy accommodative as COVID-19 cases rise, while also aiming to keep financial markets stable amid global uncertainty. Bank Indonesia (BI) kept the benchmark ...
