News
Wall Street subdued at open ahead of Fed interest rate verdict
[ad_1] [NEW YORK] Wall Street’s main stock indexes opened little changed on Wednesday (Dec 10), ahead of a Federal Reserve monetary policy decision that is widely expected to deliver an...
Temasek, top funds bid in Swiggy’s US$1.1 billion share sale
[ad_1] The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand[MUMBAI] Global investors, including Temasek Holdings and Capital Group, are offering to buy shares in Swiggy, according to...
Wingtech seeks to restore Nexperia control as chip feud lingers
[ad_1] Despite political progress, Nexperia’s Dutch HQ and its Chinese operations are locked in an internal feud[BEIJING] Wingtech Technology has invited court-appointed custodians of Nexperia to discussions in a bid...
MPACT sells Festival Walk Tower for close to HK$2 billion
[ad_1] [SINGAPORE] The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary Festival Walk will sell Festival Walk Tower for nearly HK$2 billion...
Coal’s grip on Asia strengthens as early phaseout bids stall
[ad_1] [JAKARTA] Coal’s future in Asia is looking brighter, as the top-consuming region’s efforts to shift to cleaner energy suffer a series of setbacks.Indonesia has cancelled a flagship project that...
Airbus CEO concedes likely defeat to Boeing in order race this year
[ad_1] The planemaker remains ahead of its US rival in deliveries and the pipeline of outstanding orders[PARIS] Airbus CEO Guillaume Faury conceded likely defeat in the annual order race against...
Air India admits compliance culture needs overhaul after flying Airbus without permit
[ad_1] The report is a stark admission from the airline whose Boeing Dreamliner crash in June killed 260 people[NEW DELHI] An Air India investigation into why one of its Airbus...
Singapore stocks close flat ahead of Fed interest rate decision
[ad_1] [SINGAPORE] Singapore stocks ended lower on Wednesday (Dec 10), ahead of a policy decision by the US Federal Reserve.The benchmark Straits Times Index (STI) was flat, shedding 1.34 points...
12,000 Marriott suppliers in Singapore, Malaysia, Indonesia to get same-day invoice financing by OCBC
[ad_1] The partnership gives the hospitality group’s SME suppliers quick and seamless access to capital, and enables them to be more sustainable[SINGAPORE] OCBC and Marriott International have formed a strategic...
Asian utilities slow to confront climate risk
[ad_1] ASIA might need to grow up when it comes to protecting its power sector against climate-related loss and damage, a new report has suggested.Eleven major power-sector players in Asia...
