A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub. ( read original story ...)
Stock market today: Asian shares are mixed after Wall Street suffers worst loss since Election Day
Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day. Japan's Nikkei 225 index dropped 1% to 38,255.65 as the yen regained some strength against the ... ( read original story ...)
UOB and Shanghai Gold Exchange sign MOU to enhance cross-border cooperation
Singapore, 11 November 2024 - UOB has signed a Memorandum of Understanding (MOU) with Shanghai Gold Exchange (SGE) in Shanghai. The MOU is a part of the bilateral cooperation initiatives agreed by the ... ( read original story ...)
Investors Eye IPO Access as Hong Kong Stock Link Turns 10
A decade after China opened up its exchanges to a broad swath of international investors through a trading link with Hong Kong, investors are craving deeper access. ( read original story ...)
Chinese autonomous-driving company Pony AI steers toward U.S. initial public offering
“We were among the first in China to obtain licenses to operate fully driverless robotaxis” in Beijing, Shanghai, Guangzhou and Shenzhen, the company said in its IPO prospectus. “We are the only ... ( read original story ...)
HSBC finances $65mn to Viyellatex Group
DHAKA, Nov 17, 2024 (BSS) - The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has financed US$ 65 million to Viyellatex Group as sustainability loan. ( read original story ...)
China approves $840B plan to refinance local government debt, boost slowing economy
China is expected to announce much-anticipated steps to boost its flagging economy at the end of this week's meeting of its legislature on Friday. ( read original story ...)