A surge in palladium prices has thrown struggling South African mining companies a lifeline. But it may not be enough.
CITI on Friday said it has appointed Brendan Carney as chief executive officer (CEO) of Citibank Singapore, and Asean cluster head of its global consumer banking (GCB) division, with effect from May 16.
CITI on Friday said it has appointed Brendan Carney as chief executive officer (CEO) of Citibank Singapore, and Asean cluster head of its global consumer banking (GCB) division, with effect from May 16.
CITI on Friday said it has appointed Brendan Carney as chief executive officer (CEO) of Citibank Singapore, and Asean cluster head of its global consumer banking (GCB) division, with effect from May 16.
PRIVATE equity in South-east Asia faced its toughest year for exits in a decade last year, with weak market conditions dampening the appetite for initial public offerings (IPOs) and trade deals.
The trade war with the United States will only make China stronger and will never bring the country to its knees, the ruling Communist Party's People's Daily wrote in a front-page commentary that evoked the patriotic spirit of past wars.
The price of bitcoin sank almost 20per cent on Friday, an abrupt move after a strong recovery in the crypto-currency in recent weeks that took it to 10-month highs.
Chinese search engine operator Baidu Inc booked its first quarterly loss since at least 2015 and forecast quarterly revenue below market estimates, saying a "challenging marketing environment" is sapping income from advertisers.
Global private equity firms Bain Capital, Carlyle Group and KKR & Co are among potential bidders for Japanese conglomerate Hitachi Ltd's chemical unit, three people familiar with the situation told Reuters.
Chinese Internet giant Baidu has posted its first quarterly loss since going public in 2005, and the head of its core search business resigned as the company struggles to grow sales.
