Entrepreneurship
AirAsia X plans new long-haul European routes
[ISTANBUL] Malaysian low-cost carrier AirAsia X, which recently launched flights to Istanbul, is planning to establish more long-haul routes to Europe sometime next year, its CEO Benyamin Ismail told...
Sea announces first-ever share buyback of up to US$1 billion
The timing and amount of the buybacks will be determined on market conditions and other factors, says company[SINGAPORE] Consumer Internet company Sea Ltd on Monday (Nov 17) announced its...
Sea announces first share buyback of up to US$1 billion
The timing and amount of the buybacks will be determined based on market conditions and other factors, it says [SINGAPORE] Consumer Internet company Sea on Monday (Nov 17) announced...
Emirates orders 65 Boeing 777X planes in US$38b deal
[DUBAI] Emirates ordered 65 Boeing 777X planes in a deal worth US$38 billion on Monday (Nov 17), delivering a vote of confidence to the US manufacturer on day one...
Hong Leong Finance opens new Punggol branch with dedicated SME Centre
The outlet also contains new privacy-enhanced teller booths, replacing traditional counters[SINGAPORE] Hong Leong Finance (HLF) in early November opened a new branch at Punggol Coast Mall to serve residents...
Nomura said to probe if profits inflated at India bond desk
[MUMBAI] Nomura Holdings is investigating its India fixed-income business, asking senior officials in its rates division to determine whether profits were inflated in recent years, according to sources familiar...
Samsung hikes memory chip prices by up to 60% as shortage worsens: sources
The chip crunch has been so severe that it has spurred panic buying by some customers, according to industry executives and analysts[SEOUL/SINGAPORE] Samsung Electronics this month raised prices of...
First Resources shares rise 6.3% on Q3 profit surge
Analysts are positive on the palm oil producer, and have set higher target prices[SINGAPORE] Shares of First Resources jumped as much as 8.8 per cent on Monday (Nov 17), after...
MAS imposes S$137,000 fine on Alpha Energy’s ex-managing director for insider trading
He has also given a voluntary undertaking not to be a director or be involved in the management of a company for two years[SINGAPORE] The Monetary Authority of Singapore...
EQT billionaire takes on Wall Street titans with big Asia push
The firm may not be a household name but it’s grown to become the largest non-US private equity firm in the world, with US$310 billion in assets[HONG KONG] Billionaire...
