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Citi To Cut Hundreds Of Trading Jobs

Citi To Cut Hundreds Of Trading Jobs

Mei Ling Tan August 14, 2019
Global banks continue to feel the pinch from slowed trading with Citi joining its peers to lighten their trading operations with hundreds of related jobs expected to be axed in…
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Apple Pay is gaining popularity

Apple Pay is gaining popularity

Mei Ling Tan August 14, 2019
Apple’s Services business generated record revenue of $11.5 billion during its fiscal third quarter. This is Apple’s second-largest unit and its most profitable. And one of the businesses in this segment…
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Apple iPhone revenue drops significant

Apple iPhone revenue drops significant

Mei Ling Tan August 14, 2019
Apple this afternoon reported its fiscal third-quarter earnings covering the three month period from April through June. The company said that iPhone revenue hit $25.99 billion during the quarter, down from the…
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Singapore Boosts Competitiveness

Singapore Boosts Competitiveness

Mei Ling Tan August 14, 2019
Singapore’s recent move to liberalize the private equity markets is expected to benefit both businesses and investors through enabling access in a controlled, blockchain-based environment. 1X, Singapore’s first and only…
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Asia Music acquires audio-book business

Asia Music acquires audio-book business

Mei Ling Tan August 14, 2019
Asia Music Investments (AMI) has bought a music-book business and expanded its operations and distribution partnerships with major publishers. The company has taken over the music-book distribution business from Gramercy…
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Sumo Sushi & Bento launches in India

Sumo Sushi & Bento launches in India

Mei Ling Tan August 13, 2019
Dubai Japanese restaurant chain Sumo Sushi & Bento is entering the Indian market. The firm has partnered with local operator FranGlobal to open up to 25 outlets within five years,…
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Sephora data breach impacts APAC consumers

Sephora data breach impacts APAC consumers

Mei Ling Tan August 13, 2019
A Sephora data breach has been confirmed, spanning customers from Hong Kong across Southeast Asia and into Australasia. The LVMH-owned company has emailed online customers who may have been affected…
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