Business
Singlife to roll out new investment solutions via Fullerton collaboration
The tie-up marries Singlife’s reach, as well as its insurance and investment platforms, with Fullerton’s proven investment expertise…
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Business
Business
BYD sees first sales decline in 18 months amid fierce competition in China’s EV market
The decline comes as the company slashed its sales goal for this year by 16% to 4.6 million units Electric vehicle juggernaut BYD’s…
Business
US: Wall Street opens lower after weak private payrolls data, government shutdown
WALL Street’s main indexes opened lower on Wednesday (Oct 1) after much weaker-than-expected private payrolls data, while the federal…
Business
Indonesia’s healthcare moment is now
With rising demand, bold reforms and a digital backbone now in place, Indonesia is opening its doors to long-term healthcare investment…
Business
LG Electronics aims to make India a global manufacturing hub with local unit’s listing
LG Electronics is looking to position India as a global manufacturing hub, an executive of its Indian unit said on Wednesday (Oct 1), as…
Business
mm2 Asia seeks another 90-day extension for AGM
More time is needed, given the liquidation of its cinema operations and audit delays, says the entertainment company Entertainment company…
Business
US government shutdown threatens to disrupt IPO market momentum
SEC shutdown stops IPO paperwork processing, delaying companies eyeing Wall Street listings A US government shutdown threatens to stall…
Business
Investors urged to ‘recalibrate’ return expectations for private markets
While slower divestments and liquidity issues present challenges in private equity markets, they are also creating opportunities in…
Business
German auto supplier ZF Group to cut 7,600 jobs in powertrain unit by 2030
The move is part of a broader plan announced by the company last year to eliminate up to 14,000 positions ZF Friedrichshafen will cut…
Business
Samsung, SK Hynix to supply memory chips to OpenAI’s Stargate project
Samsung Electronics and SK Hynix have signed letters of intent to supply memory chips for OpenAI’s data centres, they said on Wednesday…
Business
Temasek boosts bets on public stocks, pursues ‘active alpha’
Temasek Holdings has invested more into public equities in the last 18 months than it traditionally has done, according to chief executive…
Business
Singapore shares rise amid mixed regional showing; STI up 0.5%
Across the broader market, gainers beat decliners 258 to 155, as 1.6 billion securities worth S$1.6 billion change hands Singapore stocks…
Business
Ethan Hawke’s Brilliantly Exasperating Quest for Truth
Indeed, his investigative procedure is largely based on annoying his subjects until they confess their crimes. His Tulsa is diverse,…
Business
DBS, UOB, OCBC lead dividend growth as Singapore companies pay out US$8.2 billion in H1
DBS was among the top 13 banking contributors to H1 dividend growth, says Capital Group The three local banks led dividend growth in…
Business
Khazanah’s chief investment officer urges investors to ‘co-parent’ Asian firms amid weak returns
He says public market investors can play a more active role, while private equity can acquire underperforming assets Investors, including…
Business
CICT overtakes Hong Kong’s Link Reit to become Asia’s largest real estate investment trust
A main factor behind this is the strength of the Singapore dollar, which has gained 5.4% against the greenback so far this year, while the…
Business
US$100,000 H-1B visa fee may draw top talent to Asia: analysts
Singapore will benefit from the H-1B1 visa exemption, they say, while US SMEs and startups will be hit the hardest The hefty new…
Business
Indonesia did not unveil new 300,000 rupiah banknote
False claims about bogus banknotes have inundated Indonesian social media for years, the latest of which shows a purported new 300,000…
Business
Leong Guan lodges preliminary document for IPO on SGX Catalist board
The food manufacturing and distribution company specialises in fresh noodle and soya bean-based beancurd products Food manufacturing and…
Business
Noodle maker Leong Guan lodges preliminary document for IPO on SGX Catalist board
The food manufacturing and distribution company specialises in fresh noodle and soya bean-based beancurd products Food manufacturing and…
Business
VPBank Securities aims to raise 12.7 trillion dong in IPO this month
VPBank Securities, a stock brokerage firm owned by Vietnam Prosperity Bank, aims to raise 12.7 trillion dong (S$622 million) in an initial…
Business
Nomura to boost rates and FX trading units, sees more market volatility
The push reflects growing doubts around the longevity of the current equities bull run Japan’s Nomura Holdings plans to beef up its…
Business
New Thai central bank chief says he will work with government but maintain independence
Thailand’s new central bank chief said on Wednesday that he will maintain the independence of the central bank while collaborating with…
Business
The Government Shutdown Will Be Devastating for the D.C. Region
Previous shutdowns have had a significant impact on the regional economy. During the 2013 government shutdown, which lasted just over two…