AstraZeneca to build plant in Singapore
Global biopharmaceutical company AstraZeneca intends to build a US$1.5bil manufacturing facility in Singapore, the company says.
Dimon is ‘cautiously pessimistic’ on economy
JPMorgan Chase CEO Jamie Dimon is telling investors the bank’s succession plans are underway, while warning investors yesterday about risks…
Viettel Global ranks third in market capitalisation
Amid the surging wave of telecommunications and technology stocks on the Vietnamese stock market, Viettel Global Investment JSC (VGI) has…
Vietnam’s retail real estate draws major international interest
Vietnam’s retail real estate market is thriving in terms of scale and quality, with occupancy rates above 90% in major…
Ivan Boesky, convict in 1980s insider trading scandal, dies at 87
Ivan Boesky, the financier who gave birth to the “greed is good” mantra before going to prison in one of…
Public Bank loan growth likely at 5%-6% this year
Public Bank Bhd, which reported a 3.5% year-on-year decrease in its first quarter (1Q24) net profit, is maintaining modest targets…
Fed officials urge patience on timing of initial rate cut
WASHINGTON/AMELIA ISLAND: Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that inflation…
CIMB forecasts mid-June kickoff for fuel subsidy rationalisation
KUALA LUMPUR: CIMB Treasury and Markets Research anticipates the rollout of fuel subsidy rationalisation to commence in mid-June 2024 at the earliest.
M&S annual profit soars 58% as turnaround strategy delivers
LONDON: British retailer Marks & Spencer reported a 58% rise in annual profit, ahead of market expectations, as its strategy…