Hong Kong-based mould maker, Lung Kee (Bermuda), has received conditional approval from the Singapore Exchange (SGX) for its proposed voluntary delisting, aiming to streamline operations and...
Food delivery giant Foodpanda, a subsidiary of Delivery Hero, announces staff layoffs in the Asia-Pacific region, aiming for increased efficiency. This move coincides with ongoing talks...
In response to a recent S$2.4 billion money laundering crackdown, Singaporean banks are increasing scrutiny of Chinese-origin clients with multiple passports. The accused individuals in this...
China is grappling with a significant capital flight, driven by economic challenges and a weakening yuan. Authorities are concerned about its impact on financial stability and...
Singapore's Olam Group witnessed a significant stock price drop after its Nigerian subsidiary posted a bond for its director, Prakash Kanth. The controversy adds to ongoing...
UBS Group is downsizing its Asian wealth workforce following its acquisition of Credit Suisse, citing subdued client activity and China's economic slowdown. This includes eliminating roles...
Singapore's Olam Group vehemently denies allegations from Nigerian news outlets that its Nigerian unit and subsidiaries are involved in a multi-billion dollar foreign exchange fraud. The...
Unitholders of Sabana Real Estate Investment Trust (Sabana Reit) have come together to establish the Sabana Growth Internalisation Committee (SGIC) following the approval of the manager's...
Singapore's Monetary Authority (MAS) has directed financial institutions to review their relationships with individuals linked to a money laundering scandal involving over SG$1.8 billion in assets....
Pan Malaysia Corporation Bhd (PMC) is set to enter the food and beverage sector with a 49% acquisition of A&W Malaysia for RM69.5 million. The move...
