Business
MAS fines 5 payment firms S$960,000 for anti-money laundering lapses
The Monetary Authority of Singapore (MAS) has fined five major payment institutions a total of S$960,000 for breaches of its anti-money…
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Business
Business
Blue Dragon Series Awards 2025: Date, Time, Nominations, and Everything to Know
Blue Dragon Series Awards 2025 is almost here. The fourth annual star-studded ceremony will take place at the Paradise City, Incheon, on…
Business
OCBC trims 360 Account interest rates for the second time in 2025
OCBC will cut interest rates for its 360 Account, in line with lower interest rate expectations. With effect from Aug 1, the maximum…
Business
US: S&P 500, Nasdaq touch record highs after tame inflation data
The S&P 500 and the Nasdaq opened at record highs on Friday (Jun 27) as a benign inflation report supported hopes for a dovish policy…
Business
S-E Asia tech funding hits US$2 billion in H1 2025, yields unicorn in Sygnum: Tracxn
Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said…
Business
Sygnum is sole new unicorn from South-east Asia in H1 2025: Tracxn report
Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said…
Business
Sygnum is sole new unicorn from South-east Asia in H1 2025: report
Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said…
Business
The European Union’s Economic Double Standard with America Must End
The EU can’t have it both ways: relying on American technological leadership while building an entire policy framework around curbing it.…
Business
CCCS okays Tamarind Health’s proposed acquisition of TalkMed
The Competition and Consumer Commission of Singapore (CCCS) has cleared Tamarind Health’s proposed acquisition of tertiary healthcare…
Business
Contributor: AI isn't just standing by. It's doing things — without guardrails
Just two and a half years after OpenAI stunned the world with ChatGPT, AI is no longer only answering questions — it is taking actions. We…
Business
Swiss-American eye care firm Alcon launches expanded Tuas manufacturing facility
Alcon, a Swiss-American pharmaceutical and medical device company specialising in eye care products, opened its expanded manufacturing and…
Business
Mystery US$33 billion Chinese medicine fortune collapses in days
When Yat-Gai Au was worth US$33 billion on paper, he was not in his Hong Kong office. One week later, when his net worth plunged to…
Business
Singapore stocks track overnight Wall Street gains on Friday; STI up 0.7%
Local stocks tracked overnight Wall Street gains to end higher on Friday (Jun 27). The benchmark Straits Times Index (STI) rose 0.7 per…
Business
EXCLUSIVE: Lacoste Has a New CEO – and He Comes From Cognac
While it’s a tough moment for fashion, the sector still can siphon executive talent from other industries. WWD has learned that Éric…
Business
Unilever to pay US$1.5 billion for men's grooming brand Dr Squatch
The deal was announced earlier this week by all three parties, without disclosing financial details Unilever is paying US$1.5 billion to…
Business
Japan's Nikkei ends at 6-month high, tracking Wall Street rally
Japan’s Nikkei share average closed at a six-month high on Friday (Jun 27), as technology stocks tracked Wall Street’s robust finish…
Business
Japan private-sector rice imports soar in May
Japan’s private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache…
Business
Thailand central bank vows to step in if baht moves are unhinged
Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy…
Business
HDB US$1.5 billion India IPO sold out as wealthy investors pile in
The offering received bids for 242.8 million shares as of Friday (Jun 27) afternoon in Mumbai, versus the 130.4 million shares offered…
Business
Nikkei Surpasses 40,000 as Global Stocks Rise, Dollar Sinks to 3.5-Year Low
Global stock markets finished the week on an upbeat note, lifted by optimism over interest rate cuts and receding geopolitical risks.…
Business
HSBC private banking arm names new Apac head of wealth planning
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 HSBC Global Private…
Business
Japan’s NTT lodges listing prospectus for Reit, set to be Singapore’s largest IPO in four years
Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate…
Business
Japan’s NTT files billion-dollar Reit listing with MAS; IPO set to be SGX’s biggest in four years
Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate…
Business
Info-Tech Systems launches IPO at S$0.87 apiece, marks SGX’s first mainboard listing in two years
Software services firm Info-Tech Systems has launched its initial public offering (IPO) of 24,856,000 shares at S$0.87 each, in…