RED BULL’S NET WORTH RISES TO US$27 BILLION

The Thai family behind Red Bull, the Yoovidhyas, is benefiting from the return of party life,…

TRIMEGAH BANGUN PERSADA NICKEL EXPANSION PLANS POST-IPO

Indonesian nickel company PT Trimegah Bangun Persada (TBP), part of conglomerate Harita Group, aims to increase…

MANDATORY PAY DISCLOSURES A BOON FOR CEOs

CEOs who’ve been grumbling about Singapore’s new mandatory pay disclosures could be in for a pleasant…

QUANTUM PROFITS ACROSS BANKING IN SINGAPORE

Singapore’s three local banks chalked up record-breaking profits last year on the back of higher interest…

METRO PACIFIC ACQUIRES THIRD OF AGRI MANUFACTURER AXELUM

Philippine conglomerate Metro Pacific Investments Corp is buying one-third of Axelum Resources Corp for 5.32 billion…

J.P. MORGAN BULLISH ON THAI EQUITIES

Global financial services firm J.P. Morgan has upgraded its rating for Thailand’s stock markets to overweight…

BANGCHAK ACQUIRES EXXONMOBILE STAKE IN ESSO FOR US$603M

Bangchak says purchase of controlling stake in Esso Thailand to be completed in second half of…

SGX PENNY STOCKS CRASH MASTERMIND GETS 36 YEARS JAIL

Malaysian businessman John Soh Chee Wen was sentenced today to 36 years’ jail after being found…

MUFG TO INVEST US$200M IN INDONESIA’S FINTECH, AKULAKU

Japan’s Mitsubishi UFJ Financial Group (MUFG) said on Monday (Dec 26) its banking unit will invest…

EM BULLS OUTNUMBER BEARS: HSBC

A closely-followed HSBC survey has shown the share of investors upbeat on emerging market assets has…