South-east Asia’s factory powerhouses hit by Covid-19 vaccination woes, Delta variant
BANGKOK (REUTERS) - Fresh outbreaks of the Delta coronavirus variant in South-east Asia have crippled its factory sector, disrupting global...
Business
Tencent boss Pony Ma loses $18.9 billion in China crackdown, more than Jack Ma
HONG KONG (BLOOMBERG) - Turns out even the most compliant Chinese billionaires aren't immune to the regulatory onslaught sweeping the...
Singapore ranked joint 4th best country in the world for unicorn start-ups
SINGAPORE - Singapore came in joint fourth in the world for how fast its start-ups turned into unicorns, according to...
BlackRock joins Citi to study plans to shut coal plants in Asia early
SINGAPORE (BLOOMBERG) - BlackRock and other major financial institutions are working on plans to accelerate the closure of coal-fired power...
Banks from HSBC to Citi shrug off China risks to embrace Hong Kong
HONG KONG (BLOOMBERG) - Growing geopolitical tensions and pulled initial public offerings have done little to dampen the appetite of...
Tencent shares plummet on fears of China gaming crackdown
SHANGHAI (REUTERS) - China's Tencent Holdings said on Tuesday (Aug 3) it would further curb minors' access to its flagship...
OCBC Q2 profit up 59% to $1.16 billion; dividend boosted to 25 cents a share
SINGAPORE - OCBC Banks's earnings continued to rebound from last year as it posted on Wednesday (Aug 4) a 59...
Del Monte unit defers Philippine IPO amid Covid-19 surge
SINGAPORE (THE BUSINESS TIMES) - Del Monte Pacific on Wednesday (Aug 4) announced its decision to delay plans for the...
China’s latest Covid-19 outbreak threatens to derail consumer recovery
BEIJING (BLOOMBERG) - China's broadest Covid-19 outbreak since the beginning of the pandemic in late 2019 is hampering tourism and...
UOB Q2 profit up 43% to $1.01 billion; dividend raised to 60 cents per share
SINGAPORE (THE BUSINESS TIMES) - UOB's net profit for its second quarter rose 42 per cent, as more economies reopened...