News
LG kicks off roadshows for US$1.5 billion India IPO
LG ELECTRONICS has started roadshows to meet potential investors in the initial public offering (IPO) of its Indian unit, sources familiar with the matter said.The South Korean company has...
Honda ready to revive takeover talks if Nissan CEO Uchida leaves: report
Nissan’s board of directors has also started informal discussions regarding the timing of Uchida’s departureHONDA Motor will resume talks with Nissan Motor to form the world’s fourth-biggest automaker provided...
Virgin overtakes Qantas as Australia’s largest domestic airline
VIRGIN Australia overtook Qantas Airways to become Australia’s largest and most reliable airline at the end of last year, sending a warning to the marquee carrier and supporting a...
RBNZ set to deliver third half-point rate cut to revive economy
NEW Zealand’s central bank is set to deliver its third big interest-rate cut in a row and signal further reductions this year to rekindle economic growth.The Reserve Bank of...
Sri Trang Agro-Industry swings back to black with Q4 profit of 854.3 million baht
RUBBER group Sri Trang Agro-Industry swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December, from a net loss of 422 million...
Japan’s historic rate shift is turbo-charging the credit market
JAPAN’S corporate bond market is booming, as an economic rebound and plans to get ahead of higher interest rates encourage a flurry of issuance.Japanese companies have sold 14.7 trillion...
Southwest Airlines to cut 15% of corporate jobs in first-ever layoffs
SOUTHWEST Airlines will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in the carrier’s history.The pullback will impact...
Europe: Stocks mark record closing high as defence stocks soar
EUROPEAN shares marked a record closing high on Monday (Feb 17), boosted by defence stocks as investors priced in the likelihood of increased military spending in the region, following...
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31, 2024, a turnaround from its net...
Talent crunch pushing Singapore’s financial sector to rewrite operations playbook to retain staff
In the race for talent, some banks are re-thinking their operating models, or redefining seniority by performance, not tenure AMID high-profile layoffs that have hit some global banks, financial-services...
Singapore’s financial sector looks to internal hiring, reskilling and flexible structures to fill manpower gaps
AMID high-profile layoffs that have hit some global banks, financial-services firms are still grappling with a shortage of good talent. And increasingly, they are looking at hiring from within,...
