POLITICAL bickering in Europe between France, Germany and Greece, a possible exit by Greece from the eurozone, and the contagion collapse this could trigger, continued to be the focal points yesterday as movements in the Straits Times Index (STI) were dictated by swings in Hong Kong
[SINGAPORE] Just eight months into her job Meg Whitman, Hewlett Packard's (HP) CEO, announced that 8 per cent of the technology giant's workforce would be laid off. This translates to 27,000 employees, making it the single biggest job cut in the company's 73-year history.
GLOBAL Logistic Properties (GLP) reported stronger fourth-quarter earnings yesterday and said it remained upbeat about China's domestic consumption growth.
BEING a family-friendly business is good for business, it seems. According to a survey by the Businesses for Families Council (BFC), nearly a third of businesses polled saw revenue jump by over 20 per cent, thanks to family-friendly initiatives.
WEAK securities market average daily turnover (ADT) is a bane for Asian exchanges, but Hong Kong Exchanges and Clearing (HKEx) is most attractive among the lot.
[WELLINGTON] New Zealand unveiled its toughest budget in 20 years yesterday, with no spending increase and moves to increase the tax take in the struggling economy, as it laid out a return to a budget surplus by 2015.
[KUALA LUMPUR] Bursa Malaysia Bhd, the nation's exchange operator, plans to allow individual investors to start trading bonds on the bourse in the third quarter to boost liquidity in the market as it widens its product offerings.
[HONG KONG] The funding crisis for mainland Chinese property developers is intensifying, ratings agencies say, with real estate builders facing spiking borrowing costs and a limited ability to raise cash at a time when sales and economic growth are slowing.
[MUMBAI] India's purchases of rupees to support the currency are stripping the financial system of cash, forcing lenders to borrow from the central bank at the fastest pace on record and adding pressure for monetary stimulus.
[WASHINGTON] Orders for computers, machinery and other capital equipment dropped last month for a second month, pointing to a slowdown in US business investment.
THE power vacuum that has formed at the centre of Japanese politics with the advent of "revolving door" prime ministers and a divided national parliament is producing strange phenomena at the periphery.
IN spite of only being in its second year, Music Matters Live - the three-day festival that runs parallel to the Digital Matters and Music Matters conferences - has pulled off what no other festival here has managed: it's gone global via the Internet, live, courtesy of official broadcast partner YouTube.
A DECADE and a half in, the Men in Black (MIB) franchise is clearly showing its age, and not just because early in this belated second sequel, Tommy Lee Jones's character Agent K channels Danny Glover in Lethal Weapon, confessing to Will Smith's Agent J that he's getting too old to be busting aliens.
ON the ordinary Portland Street in Kowloon, there is a quiet row of coffin shops situated on the ground level of a tenement building. When chatty Hong Kong residents pass it on their daily shopping rounds, they customarily lower their voices.
TRADITIONAL "left-brain" developers should take note: right-brain skills of design and aesthetics are becoming increasingly relevant, according to the head of...
EVEN if they are not familiar with the brand, chances are most people would have encountered Freshening's products at least once in their life. The homegrown...
ONE of the most basic considerations for any investors considering the asset allocation of their portfolio is how to divide their portfolio between risk-free and risky...
WHERE is everyone? That's what we asked ourselves when we stepped into Unilever's Singapore office on Pasir Panjang Road late in the afternoon on a weekday....
What is the CEO's role in applying technology to enhance and even transform the workplace? How can the CEO ensure that there is meaningful conversation, and not a...
Does Prof Lim Chong Yah's wage restructuring proposal address income inequality, low productivity?
On April 9, Prof Lim proposed a 3-year plan that includes a wage freeze for top earners and pay hikes for the lowest paid to tackle rising income inequality and an excessive reliance on cheap foreign labour.