China Aviation Oil confirms Sinopec merger with parent CNAF

China Aviation Oil confirms Sinopec merger with parent CNAF

[ad_1] State administrators have given the nod for the merger following deliberation, says CAO [SINGAPORE] The parent company of China Aviation Oil (CAO) will merge with Chinese state-owned oil and gas enterprise Sinopec, the board of CAO said in a bourse filing on Thursday (Jan 8). Word of the merger initiated by Beijing first emerged…

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India defends antitrust penalty law in Apple fight

India defends antitrust penalty law in Apple fight

[ad_1] The watchdog says it could compute penalties from global turnover, but only sought “India-specific financial details” [NEW DELHI] A law used to calculate fines on the basis of a company’s global turnover will discourage breaches by multinationals, India’s antitrust watchdog told a court in opposing Apple’s high-profile challenge to the measure. In November, Apple…

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Subsidiaries of Dasin Retail Trust manager receive court summonses over Companies Act breaches

Subsidiaries of Dasin Retail Trust manager receive court summonses over Companies Act breaches

[ad_1] Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023 [SINGAPORE] Four subsidiaries of Dasin Retail Trust’s trustee-manager have received court summonses over breaches of the Companies Act. The trustee-manager, Dasin Retail Trust Management, said in a bourse filing on Thursday (Jan 8) that the subsidiaries are required to appear…

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Popular intermittent fasting diets may not deliver the health benefits many expect

Popular intermittent fasting diets may not deliver the health benefits many expect

[ad_1] Time-restricted eating has gained popularity in recent years, but a recent study suggests that intermittent fasting — while effective for weight loss — might not live up to the hype in terms of wider benefits. The small German study found that participants who were placed on two different time-restricted eating schedules lost weight, but experienced no improvement in…

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Singapore stocks track regional declines; STI down 0.2%

Singapore stocks track regional declines; STI down 0.2%

[ad_1] Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands [SINGAPORE] Singapore stocks ended lower on Thursday (Jan 8), amid a weak regional showing. The benchmark Straits Times Index (STI) lost 0.2 per cent or 8.55 points to finish at 4,739.07. Meanwhile, the iEdge Singapore…

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