Investors care more about reputational risk than climate risk: Survey
The findings show a worrying disconnect between executives’ understanding that climate change is a threat and investment decisions that fail to match that concern.
Corporate Buzz
Court clears Samsung chief of all charges
The final ruling comes three years and five months since prosecutors brought the case to the court in September 2020.
Boycott boost: Malaysian coffee chains gain as locals shun US brands over Gaza war
Many consumers in Malaysia have been protesting via their wallets since the Israel-Hamas war began in October 2023.
‘No, Senator, I’m Singaporean’: TikTok CEO grilled by US lawmakers on Chinese links
In his second appearance before US lawmakers in less than a year, Mr Chew faced a barrage of questions ranging from TikTok’s Chinese ownership to its alleged censorship of…
Samyang Foods posts record sales of 1 trillion won in 2023
On China's Singles Day, an annual shopping festival on Nov. 11, the company logged 13 billion won. In the US, it was able to drive up sales by entering key retail outlets…
Speaking out could be ‘difficult’ at Toyota, chairman says
The instances of fraud were discovered successively after Toyota chairman Akio Toyoda was changed out as president of Toyota last year for the first time in about 14 years.
Mixed feelings as South Korea’s top conglomerates announce hefty or zero bonuses
LG Electronics, pledged to give out hefty bonuses to employees, while Samsung Electronics and SK hynix, hit hard by a chip slump last year, seem to be tightening their belts,…
Hong Kong court orders China Evergrande to liquidate with debts of $300 billion
The decision sets the stage for what is expected to be drawn-out and complicated process with potential political considerations, given the many authorities involved.
GoTo boss rejects ‘nonsense’ claim of govt meddling in TikTok deal
Some experts have described the deal as highly advantageous for TikTok and have said GoTo’s minority stake could constrain its ability to leverage the e-commerce platform going…
Foodpanda fined Tk10 lakh for unfair market practices
The crux of the complaint against Foodpanda, the leading food delivery service, centred on allegations that the company, capitalising on its market dominance, threatened to…