Companies & Markets
Samsung Electronics to buy 2.5 trillion won of its shares for employee compensation
[SEOUL] Samsung Electronics on Wednesday said it would acquire 2.5 trillion won (S$2.2 billion) worth of its own shares for employee and executive compensation.
Auto dealer Tan Chong expects HK$327 million in gains from investments in 2025
It expects to report its financial performance before end-March 2026
China targets online commerce battles in latest regulatory salvo
The new rules also require them to protect consumers and user data
Singapore stocks track Wall Street gains; STI up 0.2%
The iEdge Singapore Next 50 Index stays flat at 1,461.63
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Cathay United Bank grants Marco Polo Marine unit long-tenor facility for NT$4.7 billion research vessel project
The group previously said it would finance the project through internal cashflows and not require any project-specific debt
mm2 Asia unit receives S$200,000 payment demand from creditor
This is the third demand for payment that mm2 Asia’s subsidiaries have received in two weeks
Xiaomi begins pre-orders for spruced up version of SU7 sedan
The announcement comes as it faces increased public criticism over safety standards, following a number of accidents
Berkshire Hathaway raises new CEO Abel’s salary to US$25 million
Abel also owns about US$171 million of Berkshire stock
China’s PBOC adds gold for 14th month as prices hit record
Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month
Goldman Sachs tops global M&A rankings with US$1.48 trillion in deals
The bank ranked No 1 in M&A fee revenue and overall value of the deals it worked on
