Business
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite Asia credit pullback, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset management arm of…
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Business
Business
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset…
Business
Mandarin Oriental posts ‘stable’ underlying net profit for Q3
The group’s revenue per available room is up in all regions except South-east Asia Hotel group Mandarin Oriental, which is undergoing a…
Business
VinFast’s quarterly revenue jumps on strong deliveries, taps debt to fuel expansion
The company signed two loan facilities during the quarter, totaling US$250 million Vietnam’s VinFast reported a sharp rise in…
Business
VinFast’s quarterly loss widens on hefty spending
The company signed two loan facilities during the quarter, totaling US$250 million — Vietnam’s VinFast reported a bigger third-quarter net…
Business
Vietnam Launches Campaign to Strengthen its Footprint in Global Tourism Market
The northern province of Vietnam's Ninh Binh hosted a conference on national tourism promotion for 2026 with the goal of boosting…
Business
Foxconn-Nvidia US$1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
The Apple’s top iPhone assembler has been expanding beyond electronics into electric vehicles and AI data centres Foxconn said on Friday…
Business
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
The Indian rupee weakened to a lifetime low against the dollar on Friday (Nov 21), pressured by shrinking risk appetite amid fading…
Business
Changi Airport October passenger traffic rises 3.4% to 5.8 million
Changi Airport on Friday (Nov 21) reported a 3.4 per cent year-on-year increase in passenger traffic in October. Passenger traffic came in…
Business
Japanese logistics firm Nippon Express expands footprint in Singapore
Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone LOGISTICS…
Business
Singapore stocks track regional declines on Friday; STI down 1%
On the STI, Sembcorp Industries is the biggest loser, falling 3.6% or S$0.23 to S$6.08 Local stocks ended lower on Friday (Nov 21),…
Business
Asia tech rout resumes as stocks slide on AI valuation fears
ASIA’S tech-heavy markets slumped as sell-offs in sector leaders resumed on mounting concerns over stretched artificial intelligence…
Business
Founder of India’s top broker Groww joins billionaire financial elites
Keshre is the twelfth billionaire to emerge from India’s financial services industry in recent years The initial public offering of Groww,…
Business
Intel CEO Tan Lip-Bu denies claims new hire stole TSMC trade secrets
The executive is alleged to have taken proprietary knowhow from his former employer just before his departure Intel chief executive…
Business
CK Hutchison weighs Hong Kong listing for retailer Watson: sources
CK Hutchison Holdings is considering listing health and beauty retailer AS Watson Group, people familiar with the matter said. The Hong…
Business
CK Hutchison weighing Hong Kong listing for retailer Watson: sources
CK Hutchison Holdings is considering listing health and beauty retailer AS Watson Group, people familiar with the matter said. The Hong…
Business
Singaporean Actress Jeanette Aw Announces December Closure of Her Jalan Besar Bakery
Actress-turned-baker Jeanette Aw is wrapping up a significant chapter in her culinary career after more than four years at Hamilton Road.…
Business
Maybank Q3 profit up 3.3% at RM2.62 billion
Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.62 billion (S$828 million), from RM2.54 billion in the…
Business
Maybank Q3 profit up 3.3% at RM2.6 billion
Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.6 billion (S$828 million), from RM2.5 billion in the same…
Business
US accuses four of smuggling advanced Nvidia chips to China
The Commerce Department has barred all the chips involved from export to the Asian nation Federal prosecutors charged two Chinese…
Business
Foreigners buy most Philippine stocks in two years on BSP Bets
Global investors snapped up the most Philippine shares in more than two years on expectations the central bank will cut interest rates…
Business
Foxconn can make 1,000 AI racks a week, to increase next year, chairman says
The company has been expanding beyond electronics into electric vehicles (EVs) and AI data centres Foxconn chairman Liu Young said on…
Business
Bank of Japan drops fresh hints of near-term rate hike as yen slides
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19 The Bank of Japan (BOJ) will…
Business
Indonesia’s US$52 billion fund to invest 5% of assets abroad
The plan marks a key shift for BPJS TK has outgrown Indonesia’s shallow capital markets. Indonesia’s largest social security fund is…