Culture
ECB seen cutting faster to release economic shackles next year
THE European Central Bank (ECB) will speed up interest-rate cuts over the months ahead to bolster the economy – taking borrowing costs to levels that no longer restrict demand...
Set up a Telegram chat group to trade shares? You may fall afoul of the law
USING social media and messaging platforms to deal in shares may lead to a possible breach of the Securities and Futures Act (SFA).On Thursday (Oct 10), Oon Yun Cong...
Noontalk Media takes steps to ensure working capital until mid-2025
NOONTALK Media said on Friday (Oct 11) that it would have sufficient working capital and financial resources to meet its liabilities up to mid-2025, through various measures aimed at...
Taiwan says four Foxconn employees detained in China
FOUR employees of Taiwan’s Foxconn, the world’s largest iPhone assembler, have been detained in China under “quite strange” circumstances, Taiwan’s government said.Taiwan’s Mainland Affairs Council, in a statement to...
Japan payments company Infcurion says planning IPO in 2025
JAPANESE payments company Infcurion is planning an initial public offering (IPO) in Tokyo in 2025 as the company looks to accelerate its growth including through mergers and acquisitions (M&A),...
Singapore shares open higher on Friday; STI up 0.4%
SINGAPORE stocks began Friday (Oct 11) morning trading in positive territory, shrugging off global market jitters from overnight losses.As at 9.02 am, the Straits Times Index (STI) rose 14.69...
South Korea’s central bank cuts rates as slumping economy slows inflation
SOUTH Korea’s central bank cut policy interest rates for the first time in four and a half years, making a shift away from quashing inflation, currently below its 2...
J&J talc bankruptcy stays in Texas despite ‘forum-shopping’ opposition
A JOHNSON & Johnson (J&J) subsidiary can pursue its third attempt to resolve tens of thousands of lawsuits alleging its talc products caused cancer in a federal bankruptcy court...
Boeing would be biggest-ever US ‘fallen angel’ if cut to junk
IF CUT to junk status, Boeing will be the biggest US corporate borrower to ever be stripped of its investment-grade ratings and join junk bond indexes, flooding the high-yield...
Seven & i will split into two to fend off Couche-Tard takeover
SEVEN & i Holdings is embarking on its biggest-ever overhaul, betting that a bold breakup will help fend off an unsolicited takeover proposal from a smaller rival and make...
