Fashion
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year[BENGALURU] Hong Kong’s Hang Seng Bank said on Monday (Dec 15) that...
SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
Globally, SRT volumes are projected to expand 11% annually over the next two years[SINGAPORE] Sumitomo Mitsui Banking Corporation’s (SMBC) Asia-Pacific arm has completed its first US$3.2 billion synthetic risk...
Gold rises on softer Treasury yields; silver steadies after record run
Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further clues on the Fed’s policy path[BENGALURU] Gold rose...
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans [SINGAPORE] Singapore-headquartered investment firm January Capital on Monday (Dec 15) announced the final close...
China brings EV price war to Thailand, dangling 38% discounts
The steep discounts have fuelled a more than 20% surge in sales in both October and November[BANGKOK] Chinese electric vehicle (EV) makers, already struggling with bruising competition at home,...
China confronts the cost of dismantling the world’s biggest coal sector
Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy transitionON A dusty afternoon in the northern reaches...
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
The Japanese utility has a long-term contract to procure 1.1 million tonnes of LNG annually from Russia’s Sakhalin-2 project[TOKYO] Tokyo Gas, Japan’s top city gas provider, plans to direct...
Tiger Brokers Singapore bucks price-cutting trend among digital brokerages
It charges higher fees than some competitors, but still managed to add new accounts for the seventh straight quarter, hitting a new peak[SINGAPORE] In the cutthroat world of digital...
Australia to enforce new food pricing rules in crackdown on Coles and Woolworths
Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers[MELBOURNE] Coles Group and Woolworths Group, Australia’s dominant supermarket chains, are bracing...
Gallant Tang: Shaping SingHaiyi Group’s next chapter
How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership Inside Asia’s family empires: How they are transforming to seize the next...
