Business
UK fines Barclays US$56 million for lapses in financial crime control
It failed to evaluate money laundering risks while providing services to its clients Stunt & Co and WealthTek Britain’s financial…
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Business
Business
Secretive family behind Tetra Pak bets US$9 billion on stocks
A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors &…
Business
Secretive family behind Tetra Pak bets US$9 billion on stocks via Singapore entity
A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors &…
Business
Secretive family behind Tetra Pak bets bulk of US$9b on stocks via Singapore entities
A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors &…
Business
Security and compliance among concerns of banks in granting API access to fintechs
Security and compliance concerns are top of the list when Singapore’s brick-and-mortar banks decide whether to grant fintechs Application…
Business
Five things about Philip Yeo, former EDB chairman and outgoing CDL director
Veteran public servant and economic heavyweight Philip Yeo made headlines on Tuesday (Jul 15), when news broke that he was retiring from…
Business
SoftBank-backed travel app Klook is said to consider US listing: sources
Klook, a travel and leisure booking platform, is exploring an initial public offering in the US that may raise as much as US$500 million,…
Business
Citigroup backs silver to soar just as gold’s rally loses steam
Silver will extend a rally beyond US$40 an ounce in the coming months on tightening physical supplies and growing investment demand,…
Business
South Korea seeks to unlock property money in ‘Kospi 5,000’ drive
SOUTH Korea is seeking to redirect household wealth concentrated in real estate into equities, according to a lawmaker spearheading a…
Business
Low-cost carrier model not dead, but may not work at every airport: Iata chief
The budget airline model is not dead but it does not always work at every airport, said Willie Walsh, the director-general of the…
Business
Low-cost carrier model remains viable, but may not work at every airport: Iata chief
The budget airline model is not dead, but it does not always work at every airport, said Willie Walsh, director-general of the…
Business
CCCS seeks public feedback on proposed takeover of Seaco by Stonepeak-linked company
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Global Sea…
Business
Competition watchdog seeks public feedback on proposed takeover of Seaco by Stonepeak-linked company
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Global Sea…
Business
Competition watchdog seeks public feedback on proposed takeover of Seaco parent by Stonepeak-backed entity
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Global Sea…
Business
CDL shares surge over 6% after Philip Yeo exits board
Shares of City Development Limited (CDL) rose more than 6 per cent on Wednesday (Jul 16), after the property conglomerate said on Tuesday…
Business
Citi to boost Japan investment banking headcount up to 15%, executive says
Citigroup plans to raise its investment banking headcount in Japan by 10 to 15 per cent over the next year and make new hires in…
Business
Dan Rivera: New England Paranormal Investigator Dies 'Under Suspicious Circumstances' During 'Haunted' Annabelle Tour
A New England-based paranormal investigator died over the weekend while on tour with the infamous "Annabelle" doll that featured in "The…
Business
ASML orders beat expectations after AI spending fuels demand
ASML Holding’s orders in the second quarter beat estimates after the artificial intelligence (AI) boom drove demand for its sophisticated…
Business
Huawei tops China smartphone market for first time in years
Huawei Technologies took the top spot in China’s smartphone market for the first time in more than four years, a comeback fuelled by new…
Business
Nvidia’s Huang says China’s open-source AI a ‘catalyst for progress’
Nvidia CEO Jensen Huang called China’s open-source artificial intelligence a “catalyst for global progress” and hailed the country’s…
Business
Masayoshi Son and Sam Altman see no end to AI demand and scaling
SoftBank Group founder Masayoshi Son and OpenAI chief Sam Altman see insatiable demand for artificial intelligence (AI) that makes it…
Business
Asia: Hong Kong stocks lifted by Nvidia rally
Tech firms led another rally in Hong Kong stocks Wednesday after US titan Nvidia said it would resume exports of key chips to China after…
Business
Japan’s Nidec builds made-in-China EV motor to help Toyota catch rivals
Japan’s Nidec is building an almost totally “made-in-China” electric vehicle (EV) motor to help Toyota Motor compete in the world’s…
Business
Shangri-La Asia appoints Kuok Hui Kwong as new CEO
She is the daughter of Shangri-La founder Robert Kuok, who is Malaysia’s richest man Shangri-La Asia announced the appointment of Kuok Hui…