Consumer companies likely to face a mixed year
Consumer companies will likely see mixed fortunes this year, with those in the staple-food segment expected to remain resilient, while…
AirAsia Consulting in early talks for SAL acquisition
AirAsia Consulting is planning further engagement with the International Finance Corp (IFC) which is mandated to advise the Sri Lanka…
Construction firms in Vietnam facing funding shortage
Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortages being their…
SGX proposes rule change on shareholder meetings
Listed companies may soon need to start making efforts to facilitate general meetings within 21 days of shareholders delivering a…
US sues to block Coach and Michael Kors merger
The US Federal Trade Commission (FTC) on Monday sued to block Coach parent Tapestry’s US$8.5bil deal to buy Michael Kors…
JPMorgan’s Kolanovic says ‘correction’ in stocks isn’t over
The slide in US equities over the past three weeks was the start of a sell-off that is likely to…
Milei trumpets quarterly budget surplus on Argentine TV
President Javier Milei has announced Argentina’s first quarterly financial surplus since 2008 during a televised speech, promising his commitment to…
PMIs improve even as weak yen intensifies price pressures
Key gauges of Japan’s manufacturing and service activity improved in April to their highest levels in nearly a year even…
UnitedHealth says hackers possibly stole large amount of data
UnitedHealth Group says that hackers stole health and personal data of potentially a “substantial proportion” of Americans from its systems…