Fashion

From origins to turmoil: The CDL story
[ad_1] 1963: City Developments Ltd (CDL) begins operations with eight staff in a small, rented office at Amber Mansions and was listed on the Malayan Stock Exchange in November 1963.1966:...
Thai central bank surprises with rate cut as risks to growth increase
[ad_1] THE Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data and public calls for lower borrowing costs...
The knights and pawns in CDL joust
[ad_1] This is not the first time a tussle has torn a rift in the company’s management [ad_2] Source link
Great Eastern privatisation is ‘natural progression’ in bank’s strategy: OCBC CEO Helen Wong
[ad_1] THE full integration of Great Eastern into OCBC will help the lender realise more synergistic value, by providing more opportunities for the bank to work closer with the insurer,...
EY Australia to consider ‘targeted restructuring’ as difficult operating conditions persist
[ad_1] EY AUSTRALIA is considering cutting jobs as part of “workforce adjustments” to reflect challenging market conditions, with some targeted restructuring possible for “particular circumstances” in the near term, the...
Battle erupts between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL
[ad_1] A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Feb 25 with executive chairman Kwek Leng Beng publicly criticising his...
BP to up oil and gas output, slash clean energy spend in overhaul
[ad_1] BP PLANS to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the British energy giant announced on Wednesday (Feb 26) to...
Gold recoups from one-week low as tariff uncertainty weighs on risk appetite
[ad_1] GOLD prices climbed on Wednesday (Feb 26), recovering from a one-week low touched in the previous session, as uncertainties stemming from US President Donald Trump’s tariff plans dampened risk...
CDL calls for trading halt as it cancels results briefing
[ad_1] City Developments announced on Wednesday (Feb 26) morning that it is canceling its results briefing that was scheduled to be held on the same day, pending announcements.That was to...
Stocks to watch: OCBC, CDL, SingPost, Food Empire, SingLand, Aztech Global
[ad_1] THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 26): OCBC: The lender on Wednesday reported a net profit of S$1.69 billion...
Apple to keep DEI efforts, though some adjustments possible
[ad_1] APPLE investors rejected an outside shareholder proposal to end the iPhone maker’s diversity, equity and inclusion (DEI) efforts, though chief executive officer Tim Cook said that the company may...
Trump to probe copper tariffs, opening door to new levy on metal
[ad_1] PRESIDENT Donald Trump signed an executive action directing the Commerce Department to examine possible copper tariffs, the latest in a string of measures aimed at imposing sector-specific levies that...