Fashion
Samsung to cut thousands of jobs as part of worldwide layoffs
SAMSUNG Electronics is laying off workers in South-east Asia, Australia and New Zealand as part of a plan to reduce global headcount by thousands of jobs, according to people...
Samsung’s Singapore staff not spared as it cuts thousands of jobs globally amid struggles in AI market
SAMSUNG Electronics is laying off workers in South-east Asia, Australia and New Zealand as part of a plan to reduce global headcount by thousands of jobs, according to people...
Global borrowing binge brings record US$600 billion of bond sales
Companies and governments around the globe spent the past month streaming into debt markets, seizing on declining interest rates ahead of an uncertain US presidential election that many fear...
Adani flagship’s US$1.3 billion share sale said to start next week
Billionaire Gautam Adani’s flagship firm plans to roll out its share sale as early as next week, according to people familiar, marking its return to public equity markets after...
Goldman Sachs trades £1 billion in Thames Water debt
Goldman Sachs Group executed more than £1 billion (S$1.7 billion) of trades in Thames Water’s bonds in September, as it made a market between original investors exiting the beleaguered...
Samsung India protests escalate, police detain over 900 workers, union members
INDIAN police on Tuesday (Oct 1) said they had detained 912 Samsung Electronics workers and union members for organising a street protest, as a strike at the South Korean...
ThaiBev revives IPO plan for beer unit, eyes potential partners
Thai Beverage is reviving plans for an initial public offering of its beer unit to take advantage of a rally in global stock markets, besides weighing the induction of...
Singapore shares decline amid mixed regional showing; STI down 0.1%
SINGAPORE stocks fell into the red on Tuesday (Oct 1), even as most regional markets ended mixed.The benchmark Straits Times Index (STI) fell 0.1 per cent or 4.33 points...
Malaysia’s Petronas to supply gas to Sabah Electricity
MALAYSIA’S Petronas will supply gas to Sabah Electricity for power generation in the regions of Sabah and Labuan, the state-owned energy firm said on Tuesday (Oct 1).
Under a five-year...
Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale beganPfizer has raised about US$3.2 billion from the sale of Haleon shares, as it...
