Toyota’s huge wage hike a sign of Japan Inc’s big pay bump
Toyota Motor agreed to give factory workers their biggest pay increase in 25 years, heightening expectations that bumper pay raises…
BlueBay’s biggest macro bet is shorting Tokyo government bonds
RBC BlueBay Asset Management has made selling Japanese government bonds (JGBs) a top wager on expectations the central bank is…
China EV firms woo buyers with in-car beds, kitchens and drones
In China, electric vehicles (EVs) with built-in fridges and even in-car karaoke systems are considered passé. Instead, carmakers are turning…
EQT to buy Mountain Valley Pipeline owner for US$5.5bil
US natural gas producer EQT Corp has agreed to buy back former unit Equitrans Midstream Corp for about US$5.5bil in…
Barclays dealmakers face tough turnaround
Barclays Plc chief executive officer C. S. Venkatakrishnan says his investment bankers who advise companies on capital raising, deals and…
Reservoir Link wins PETRONAS Carigali project
Reservoir Link Energy Bhd’s wholly-owned subsidiary, Reservoir Link Sdn Bhd, has secured a contract from PETRONAS Carigali Sdn Bhd for…
Intel survives bid to halt millions in chip sales to China’s Huawei
Intel has survived an effort to halt hundreds of millions of dollars’ worth of chip sales to Huawei, two people…
SC raids premises of listed firms
The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.
LSK proposes one-for-two bonus issue
Lee Swee Kiat Group Bhd (LSK) has proposed a bonus issue of 83.9 million new ordinary shares on the basis…