Business
Aoxin Q&M Dental CEO resigns as whistle-blower report lodged
The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason…
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Business
Business
Sizewell C nuclear power plant costs rise to £38bn
Mariam Issimdar BBC News, Suffolk The cost of building the Sizewell C nuclear power plant has jumped to £38bn, adding £1 a month to…
Business
Sanofi to buy Vicebio for up to US$1.6 billion in vaccine push
The French drugmaker will pay US$1.15 billion upfront with a commitment for potential milestones worth as much as US$450 million Sanofi…
Business
Julius Baer's first-half profit falls 35% on loan provisions, Brazil unit sale
Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per cent…
Business
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia,…
Business
Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a…
Business
Wing Tai Properties unveils Hong Kong CBD mixed-use development joint venture with CSI Properties
Real estate developer Wing Tai Properties announced a joint venture (JV) with CSI Properties – a mixed-use development in the Hong Kong…
Business
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
CIMB wants to find its niche in each of the markets it operates in, instead of trying to serve every customer segment across Asean, said…
Business
Bank of England considers shelving plans for a digital pound
Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism…
Business
Link Reit CEO George Hongchoy retires after 16 years at company
The group CEO of Link Asset Management Limited, George Hongchoy, plans to step down before the end of June 2026. Hongchoy has held the CEO…
Business
Elvis Evolution: 'Atrocious and misleading' show upsets some fans
Yasmin Rufo Culture reporter A number of people who attended a new Elvis immersive experience in London have told the BBC they have been…
Business
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and…
Business
One of Singapore’s longest-running hedge funds is shutting down on US investor pullback
One of Singapore’s longest-running hedge funds, New Silk Road Investment, is shutting down after weak returns and a pullback by US…
Business
OpenAI and UK sign deal to use AI in public services
OpenAI, the firm behind ChatGPT, has signed a deal to use artificial intelligence to increase productivity in the UK's public services,…
Business
China’s overcapacity drive faces stubborn oil-refiner revival
China’s oil refining sector is once again showing its knack for survival just as Beijing seeks to tackle industrial overcapacity. Of three…
Business
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a…
Business
SoftBank and OpenAI’s Stargate aims building small data centre by year-end: WSJ
GATE, a multi-billion-dollar effort by ChatGPT’s creator OpenAI, SoftBank and Oracle to supercharge the US’ AI ambitions is now setting…
Business
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep”…
Business
Australia’s Insignia agrees to A$3.3 billion takeover by CC Capital, ending bidding war
RALIA’S Insignia Financial agreed on Tuesday to a A$3.3 billion (S$2.8 billion) all-cash takeover by investment manager CC Capital, ending…
Business
Oracle in talks for US$100 million Skydance-Paramount cloud deal
Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is…
Business
Plan for the next five years, not the next five headlines: HSBC’s Tommy Leung
Investors and business owners should adopt a long-term mindset, especially in the face of ongoing geopolitical volatility and uncertainty,…
Business
Storytelling isn’t just for marketing
In an era where consumers are flooded with choices and noise, the most enduring brands aren’t just the ones with the best features,…
Business
AstraZeneca vows to spend US$50 billion on US manufacturing, development
[MUNICH/WASHINGTON] AstraZeneca plans to invest US$50 billion in the US before 2030, becoming the latest European pharma company to…