(BLOOMBERG) – Intel Corp, the biggest chipmaker, reported a drop in data centre revenue and a steep decline in gross profit margin, a sign it’s …
Citi retail units seen fetching US$6 billion as sales kick off
(BLOOMBERG)- Citigroup could fetch as much as US$6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and …
Billionaire James Dyson switches residency back to UK from Singapore
LONDON (BLOOMBERG) – James Dyson has switched his residency from Singapore to the UK, reversing a move he made about two years ago after his …
Ambulances keep busy in locked-down Delhi
NEW DELHI – In India’s capital city New Delhi, the silence is punctuated by the wail of ambulance sirens as patients are rushed to hospitals …
HKTDC’s debut Lifestyle ShoppingFest opens 28 April
HONG KONG, Apr 20, 2021 – (ACN Newswire via SEAPRWire.com) – The Hong Kong Trade Development Council (HKTDC) is launching a brand-new public fair, the …
JPMorgan slammed by football fans for financing breakaway European league
LONDON (NYTIMES) – European football fans are known for their intense passion for the sport. Now, they are aiming their ire at US banking giant …
Brexit hit on London financial hub worse than expected, says study
LONDON (REUTERS) – Over 400 financial firms in Britain have shifted activities, staff and a combined £1 trillion (S$1.84 trillion) in assets to hubs in …
Jardine Strategic acquisition completed; shares to delist from three exchanges
SINGAPORE (THE BUSINESS TIMES) – Jardine Matheson Holdings (JMH) has completed its 15 per cent stake acquisition in Jardine Strategic Holdings, announced the conglomerate in …
For Madoff victims, ‘tragedy goes on’ after scammer’s death
NEW YORK (BLOOMBERG) – Bernard Madoff’s death in prison on Wednesday (April 14) doesn’t change much for his victims, many of whom are still waiting …
Ghani says Afghanistan ‘fully capable’ of defending itself
KABUL (AFP) – Afghan President Ashraf Ghani on Wednesday (April 14) said his forces were “fully capable” of defending Afghanistan, as he revealed he had …
Toshiba CEO to resign as buyout offer stirs turmoil: Media reports
TOKYO (AFP) – Toshiba’s president Nobuaki Kurumatani will resign on Wednesday (April 14), reports said, as a buyout offer from a private equity firm stirs …
Central Global Berhad Proposes Private Placement of up to 18 Million New Shares
KUALA LUMPUR, Apr 5, 2021 – (ACN Newswire via SEAPRWire.com) – Main Market-listed Central Global Berhad (CGB) has proposed a private placement of up to …
A 33-year-old fueling crypto boom is worrying Thai regulators
BANGKOK (BLOOMBERG) – Atichanan Pulges first became interested in cryptocurrencies a decade ago when he was an engineering student in Los Angeles. Mining bitcoin was …
How to avoid investment scams: 6 red flags and tips from experts
SINGAPORE – To avoid losing their hard-earned money, consumers should learn how to spot investment scams. Here are a few red flags and tips from …
MarketingPulse Online attracts more than 21,000 viewers
HONG KONG, Apr 1, 2021 – (ACN Newswire via SEAPRWire.com) – MarketingPulse Online, a two-day virtual conference organised by the Hong Kong Trade Development Council …
Viva Biotech Announced 2020 Annual Results
HONG KONG, Mar 31, 2021 – (ACN Newswire via SEAPRWire.com) – Viva Biotech Holdings (1873.HK) announced that during the year ended December 31, 2020 (the …
World leaders, WHO push for pandemic preparedness treaty
BEIJING – Global leaders and the World Health Organisation (WHO) are pushing for an international treaty that would boost the world’s ability to respond to …
New shop concept for US retailers
(BLOOMBERG) – Quintessential mall stores from Macy’s to Kay Jewellers to Gap are plotting a post-Covid future – and traditional shopping centres will not play …
Think Covid-19’s messed up your travel plans? Try getting into China
BEIJING (NYTIMES) – Leave your partner and children behind. Quarantine for up to a month. Get inoculated with a Covid-19 vaccine from China, if you …
US economy looks to be strengthening: Fed chairman Jerome Powell
WASHINGTON (REUTERS) – The US economy is “much improved”, Federal Reserve Chair Jerome Powell said on Monday, crediting Congress and the central bank both for …