Undisclosed Investor Offloads US$3.4 Billion Stake in AIA Group
A substantial stake in AIA Group Ltd, valued at approximately US$3.4 billion (HK$26.8 billion or RM14.4 billion), has been divested […]
international
Singapore Imposes S$27.45 Million in Penalties on Global Banks over Money Laundering Failures
Singapore’s central bank has imposed financial penalties on nine prominent financial institutions, including Citibank, UBS, and local lender United Overseas
Japan’s Consumer Spending Rises 4.7% in May, Fastest Growth Since 2022
Household spending in Japan rose at its fastest annual pace in almost three years in May, offering tentative signs of
AirAsia in Talks to Convert Airbus Orders into Long-Range A321XLR Jets
AirAsia is in advanced discussions with Airbus to convert part of its existing narrow-body aircraft orders into long-range A321XLR jets,
Nippon Steel Secures ¥800 Billion in Subordinated Loans to Support US Steel Acquisition
Nippon Steel has announced it will raise ¥800 billion (approximately $5.6 billion) through two subordinated loans to partially fund its
ONGC Signs Strategic Deal with Mitsui O.S.K. for Ethane Carrier Construction
India’s Oil and Natural Gas Corporation (ONGC) has announced the signing of an agreement with Japan’s Mitsui O.S.K. Lines, the
China Drives BRICS Surge in Global Solar Power Generation
China is leading a major shift towards renewable energy among BRICS nations, positioning the bloc as a dominant force in
BMW Brilliance Advances Sustainability Agenda in China with 2024 Report
BMW Brilliance Automotive Ltd, the long-standing Sino-German joint venture, has reaffirmed its strategic commitment to sustainable development in China with
UOB Collaborates with FMM and SMF to Accelerate Cross-Border Manufacturing Growth
United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has entered into a strategic partnership with the Federation of Malaysian Manufacturers (FMM)
Hong Kong Retail Sales Climb 2.4% in May, Marking First Annual Growth in Over a Year
Hong Kong’s retail sector recorded its first annual increase in more than a year, with retail sales by value rising
