Business
Global banks may push back on RBI’s offshore swap reporting plan
Bankers have held discussions through global financial market industry associations, which are expected to submit formal feedback to the…
Section
Business
Business
Singtel CEO’s remuneration rises 16.8% to S$8.2 million in FY2025 as group eyes growth amid trade tensions
Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen…
Business
Singtel CEO Yuen Kuan Moon’s pay up 16.8% to S$8.2 million; S$2.8 billion cash holdings to help group navigate challenges
Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen…
Business
First train for JB-Singapore Rapid Transit System unveiled; service to start by December 2026
First China-made train for the cross-border rail system to be tested in Singapore, ahead of preparation for passenger service The first…
Business
India’s Adani Enterprises plans public bond sale
Indian billionaire Gautam Adani’s flagship company aims to raise 10 billion rupees (S$149.1 million) through the sale of retail bonds, and…
Business
Asia: Most stocks rise as investors eye US trade talks
Asian equities mostly rose on Monday following a record-breaking day on Wall Street as investors kept tabs on countries’ efforts to strike…
Business
Thai coconut water maker IFBH’s shares jump in Hong Kong debut
Shares of Thai coconut-water maker IFBH rose as much as 67 per cent on their first day of trading in Hong Kong following a HK$1.16 billion…
Business
Bank of Korea halts digital currency project, pausing talks with banks
South Korea’s central bank halted its digital currency testing project, telling participating banks it will temporarily pause discussions…
Business
What traders have gotten wrong in 2025
Six months since Wall Street laid out its predictions for 2025, world conflicts and US President Donald Trump’s turbulent policy making…
Business
Fidrec extends jurisdiction to include claims from small businesses and charities from July
This comes after the organisation’s 2024 public consultation displayed strong support for making it accessible to small businesses The…
Business
Torrent to acquire KKR’s stake in JB Pharma for US$1.4 billion
Torrent Pharmaceuticals agreed to take a controlling stake in JB Chemicals & Pharmaceuticals from private equity firm KKR, the latest sign…
Business
Meta spending big on AI talent but will it pay off?
Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race,…
Business
Gold falls to one-month low as trade optimism spurs risk appetite
Gold prices fell to their lowest in more than a month on Monday (Jun 30) as easing trade tensions between the US and China dampened…
Business
China’s Zijin Mining to acquire Kazakh gold mine in US$1.2 billion deal
A’S biggest gold and copper producer Zijin Mining said on Monday it had agreed to buy one of the largest gold mines of Kazakhstan, the…
Business
Fu Yu appoints four new independent, non-executive directors at AGM
Gilbert Rodrigues, Ralf Pilarczyk, Yang Zhenrong and Haytham Al Essa have been appointed to Fu Yu’s board Four new independent directors…
Business
Apple supplier Lens Technology seeks up to HK$4.8 billion in Hong Kong listing
The Shenzhen-listed company expects the shares to start trading in Hong Kong on Jul 9 Lens Technology, a supplier to Apple, is seeking to…
Business
Stocks to watch: OCBC, Fu Yu, TalkMed
The following companies saw new developments that may affect trading of their securities on Monday (Jun 30): OCBC: The local bank…
Business
Asian banks fuel more than US$2 billion loan boom in Middle East
Middle East borrowers are ramping up loans that are being syndicated in Asia-Pacific as they look to diversify fundraising beyond global…
Business
China fund beats 97% of peers by buying Pop Mart, dumping Moutai
A 30-year-old Chinese fund manager is trouncing peers this year with a portfolio stocked with Gen Z-favoured names such as Pop Mart…
Business
Shein to file confidentially for Hong Kong IPO in rare move: sources
CHINA-FOUNDED fast-fashion retailer Shein plans to file a draft prospectus confidentially for its Hong Kong listing, marking a rare…
Business
Thailand’s Minor International leans on Europe to weather country's tourism slump
Thailand’s flagging tourism sector, weighed down by a sharp drop in Chinese tourist arrivals, is hurting local hotel operators but the…
Business
Nikkei 225 expected to trend higher if trade deals are inked
The Nikkei 225 Index Futures, traded in standard, mini, and micro contracts, is a derivative instrument based on Japan’s flagship equity…
Business
From Changi T5 to MBS expansion, Koh Brothers Group rides on Singapore’s infrastructural upgrades
Construction and property group Koh Brothers is set to usher in a new era of growth, as Singapore embarks on large-scale infrastructure…
Business
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from…