LONDON (REUTERS) – Dreaming of working remotely from that cottage in the hills? There is a good chance you will get paid less, according to …
HSBC to name new Singapore CEO as Tony Cripps moves to Saudi British Bank
SINGAPORE (THE BUSINESS TIMES) – HSBC will soon announce a new Singapore chief executive (CEO) to succeed Tony Cripps, who will be leaving for the …
Bitcoin soars to new high above US$52,000; sustainability concerns rise
NEW YORK (REUTERS) – Bitcoin surged to yet another record high on Wednesday (Feb 17), a day after the virtual currency vaulted to the US$50,000 …
Brent oil passes US$65 with US crisis now a global supply shock
SINGAPORE (BLOOMBERG) – Brent oil rose past US$65 a barrel as a worsening US energy crisis took out almost 40 per cent of the nation’s …
Jaguar Land Rover to cut 2,000 jobs globally
LONDON (AFP) – Jaguar Land Rover on Wednesday (Feb 17) said that it planned to lay off around 2,000 staff in the next financial year. …
Bangladesh orders Al Jazeera documentary be scrubbed from web
DHAKA (AFP) – A documentary by Al Jazeera that aired explosive claims about Bangladesh’s army chief must be taken down from the Internet in the …
APS555 Announced the Launch of Sales in Europe
Shenzhen, China – The well-known Chinese brand of digital solutions for home mining APS555 announced the launch of sales in Europe, as well as among …
China’s retail, catering sales jump in Chinese New Year staycation
BEIJING (REUTERS) – China’s retail and catering sectors enjoyed a bumper Chinese New Year holiday week, with revenues rising almost one-third from 2020 levels, thanks …
Japan exports, machine orders pick up in January as demand recovers
TOKYO (REUTERS) – Japan’s exports accelerated in January, led by a jump in Chinese demand, and manufacturers’ sentiment turned positive for the first time since …
Singapore non-oil exports rise better-than-expected 12.8% in January
SINGAPORE – Singapore’s non-oil domestic exports (Nodx) surged 12.8 per cent in January from the low base a year ago, driven by shipments of specialised machinery, non-monetary gold, …
Name confusion sends ‘wrong’ ClubHouse shares skyrocketing 1,000%
NEW YORK (BLOOMBERG) – ClubHouse Media Group, a self-described marketing and media firm targeting social media influencers, has surged over 1,000 per cent this year …
Citi loses bid to recall US$500m in wrong payments in massive blunder
NEW YORK (AFP, BLOOMBERG) – Citigroup unexpectedly lost a legal battle to recover half a billion dollars in mistaken payments it sent out, according to a …
Quarz pares stake in Sunningdale ahead of EGM vote on buyout offer
SINGAPORE (THE BUSINESS TIMES) – Activist investor Quarz Capital Management has reduced its stake in Sunningdale Tech just about a week before an extraordinary general …
Allureskins Potions launches its newest skincare immersive consumer experience
Singapore – Beauty startup, Allureskins Potions, launches the newest skincare immersive consumer experience. The c…
China’s cryptocurrency stocks left behind in bitcoin frenzy
HONG KONG (BLOOMBERG) – China’s blockchain stocks are missing out on the cryptocurrency mania that has pushed their global peers to record highs. A Bloomberg-curated …
Singapore economy on the mend but uncertainty remains over pace of recovery
SINGAPORE – Even as Singapore’s economy stays on the recovery track, enthusiasm over a significant growth acceleration is wearing off. Vaccines have so far failed …
Crown Resorts denied licence for huge Sydney casino
SYDNEY (AFP) – Regulators have denied Crown Resorts, one of Australia’s biggest gaming groups, a licence to run a new multi-billion-dollar casino in Sydney due to …
China overtakes US as EU’s biggest trading partner
BRUSSELS (AFP) – China last year overtook the United States as the EU’s biggest trading partner, the EU statistics agency Eurostat said on Monday (Feb …
Jaguar to make only electric cars from 2025
LONDON • Jaguar, the Indian-owned luxury car brand, yesterday said it will produce only electric vehicles from 2025, as governments put pressure on the business …
Malaysia policemen face action in rape of teen detainee in Sarawak lock-up
PETALING JAYA (THE STAR/ASIA NEWS NETWORK) -Eleven policemen are likely to be fired or demoted over the rape of a 16-year-old girl allegedly by a …