SINGAPORE: Aqua Munda, the little-known investor looking to purchase about S$1.8 billion worth of Hyflux’s debts, has extended the deadline of its offer for the second time. It is giving eligible creditors about three more weeks until 5pm on Feb 22 to submit their bids, Aqua Munda said in...
OPEC and its allies are considering a further cut in their oil output of 500,000 barrels per day (bpd) due to the impact of the coronavirus on oil demand, two OPEC sources and a third industry source familiar with discussions said on Monday.
Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.
HONG KONG: The Hong Kong economy's first recession in a decade deepened in the fourth quarter of last year, weighed down by often violent anti-government protests and the U.S.-China trade war, advanced estimates showed on Monday. The economy shrank by a seasonally adjusted 0.4% in October-December ...
Panasonic Corp on Monday reported a 3 per cent rise in third-quarter operating profit, beating analyst estimates, thanks to restructuring efforts and an improvement at the joint battery business with Tesla
SINGAPORE banks are likely to suffer weaker loan growth and more volatile earnings in light of the coronavirus outbreak, but are sufficiently equipped with "good capital buffers" to weather the immediate negative impact, S&P Global Ratings said in a press statement on Monday.
Shares in Just Eat-Takeaway, the company forged by Dutch online service Takeaway's US$7.8 billion acquisition of British food deliverer Just Eat, commence trading on the London Stock Exchange on Monday.
CITIBANK Singapore's head of retail banking Charles Wong has resigned after more than 20 years at the US bank.
Panasonic Corp on Monday reported a 3per cent rise in third-quarter operating profit, beating analyst estimates, thanks to restructuring efforts and an improvement at the joint battery business with Tesla Inc
Swedish telecoms operator Tele2 reported quarterly core earnings above market forecasts on Monday and proposed a higher ordinary dividend and a special dividend to be paid out for 2019.
