Business
Barclays’ Singapore private bank business unaffected by Asia head’s exit
Barclays’ private bank in Singapore will operate as normal, despite the departure of the business’ Asia chief amid a restructuring. “The…
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Business
Business
China leaves benchmark lending rates unchanged in August, matching forecast
China kept benchmark lending rates in August unchanged for the third consecutive month on Wednesday (Aug 20), in line with market…
Business
Grab system glitch pushes some fares past S$1,000; company says full refunds made on ‘misconfigured fee’
Prices on ride-hailing giant Grab jumped about a hundred times from the usual rates, with short trips within Singapore costing S$1,000 or…
Business
Hyflux’s ex-communications head testifies she was not told to hide information in shareholder engagements
The former head of corporate communications at Hyflux agreed with the lawyer of Olivia Lum – who founded the water treatment company and…
Business
Hyflux’s ex-communications head says she was not told to hide information in shareholder engagements
The former head of corporate communications and investor relations at Hyflux who took the stand on Wednesday (Aug 20) said she was not…
Business
Pop Mart shares rise to record as CEO announces new mini Labubu
Shares of Chinese pop toy maker Pop Mart International Group rose to a record on Wednesday (Aug 20), after founder and chief executive…
Business
Apollo seeks to double India assets to US$4 billion in credit boom
Apollo Global Management plans to double its assets under management in India to US$4 billion over the next three years, as it looks to…
Business
Hong Kong exchange reports jump of nearly 40% in first-half profit
Analysts say the surge in the benchmark index has been driven by foreign investors’ return to buying Chinese stocks Hong Kong’s stock…
Business
Hong Kong exchange’s first-half profit jumps nearly 40% to record
Analysts say the surge in the benchmark index has been driven by foreign investors’ return to buying Chinese stocks Hong Kong’s stock…
Business
Taylor Fritz Stars in Boss Fall Campaign for First Time
It’s been a tough couple of weeks for Taylor Fritz. The number-one ranked U.S. tennis player just lost his last two matches: the National…
Business
China’s rare-earth magnet exports to US hit six-month high after trade deal
The Asian nation put export controls on the components, weaponising the nation’s 90% grip on global production to squeeze American…
Business
Asia: Markets dip after US tech slide
Asian markets mostly fell on Wednesday (Aug 20) morning, mirroring a rout of US tech titans the previous day as investors await signals of…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi dollar tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
Xiaomi plans Europe foray in 2027 after EV sales gain pace
Xiaomi intends to sell its first electric vehicle (EV) in Europe by 2027, declaring plans to take on Tesla and BYD globally after gaining…
Business
The top 10 dividend-paying ETFs on SGX with the highest yields
Dividends are what is regularly top of mind for investors in Singapore when deciding where to place their bets. In the past couple of…
Business
Gold hits near three-week low on stronger US dollar; Fed symposium in focus
Minutes of the US central bank’s July meeting are anticipated to offer further insights into the central bank’s policy stance Gold prices…
Business
Ex-Goldman trader Qin Xiao gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
Ex-Goldman trader, NUS alumnus Qin Xiao gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
Intel’s US$25 billion rally sends valuation to dot-com levels
The company’s premium valuation is largely a reflection of just how much its profitability has collapsed in recent years After months of…
Business
Stocks to watch: CapitaLand Investment, CapitaLand Ascendas Reit, iFast, Lum Chang Creations
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 20): CapitaLand Investment…
Business
BHP banks on China export resilience and India growth for demand
China’s export resilience and policy support, together with strong growth in India, will underpin future commodity demand despite an…
Business
Surgical platform UltraGreen targets Asia for growth
Medical procedures can be risky. One company is providing data that could help reduce complications from surgery. Now, with Singapore in…