Entrepreneurship
ComfortDelGro unveils senior leadership changes
[SINGAPORE] Transport operator ComfortDelGro on Thursday (Nov 20) announced senior leadership changes, which included the creation of a new “point-to-point mobility officer” role.Derek Koh will step down from his...
Buffett’s Alphabet blessing puts valuation paradox back in focus
Shares of the Google parent are up 55% this year, making them by far the top performer among the Magnificent Seven technology giants[NEW YORK] Just six months ago, Alphabet...
Link Reit H1 DPU down 5.9% at HK$1.2688 amid macro headwinds, sectoral challenges
[SINGAPORE] Hong Kong-listed Link Real Estate Investment Trust (Reit) – which owns Singapore’s Jurong Point and a major part of Thomson Plaza, recorded a distribution per unit (DPU) of...
BNP starts buyback, boosts capital goal after share drop
[PARIS] BNP Paribas announced a new buyback and plans to reach a target for capital strength early as chief executive officer Jean-Laurent Bonnafe seeks to reverse a recent slide...
China’s Lenovo signs long-term component-supply deal for next year
Global memory chip prices are climbing due to demand from data centre operators for building AI servers[BEIJING] Lenovo said on Thursday (Nov 20) that it has signed long-term contracts...
Heavy rain in Vietnam’s top coffee-growing region threatens crop
[HANOI] Heavy rain has delayed harvesting in Vietnam’s biggest coffee-growing province of Dak Lak, and further downpours risk damaging crops and crimping output in the world’s top producer of...
Gold gains with traders awaiting US data for fresh Fed cues
Traders now see nearly a 33% chance for a rate cut at the Fed’s Dec 9 to 10 meeting[BENGALURU] Gold prices edged higher on Thursday (Nov 20), as investors...
Malaysian ringgit, Thai baht set to benefit from rate cuts in 2026: DBS report
Countries have also bypassed US to trade with one another in view of tariff risks[SINGAPORE] DBS analysts are upbeat about the region’s prospects for 2026, forecasting that Asian currencies...
Wilmar China unit found guilty of contract fraud, liable for 1.88 billion yuan in losses; looks to appeal judgement
It has been previously sued as an ‘accomplice’ in contract fraud related to palm oil trades [SINGAPORE] A subsidiary of Wilmar International has been found guilty of contract fraud...
China investment bank CICC to acquire two smaller rivals
Beijing is trying to cultivate first-class domestic investment banks capable of standing up to global heavyweights[HONG KONG] China International Capital Corporation (CICC) plans to acquire two smaller brokerages as...
