Business
Chinese EV stocks tumble after BYD slashes prices as much as 34%
BYD led Chinese electric vehicle stocks lower in Hong Kong on Monday (May 26), as investors digested the auto giant’s sweeping price cuts…
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Business
Business
Hong Leong Bank forms private banking alliance with Lombard Odier
Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May…
Business
Australia’s WiseTech agrees to buy E2open for US$2.1 billion
The deal, which will be fully funded through a new US$3 billion debt facility underwritten by a syndicate of nine lenders Australian…
Business
LVMH is Innovating With its Viva Tech Stand
POWER OF TWO: LVMH Moët Hennessy Louis Vuitton, a founding partner in Viva Technology, plans to streamline its awards and displays at the…
Business
India’s central bank seeks approval for overseas rupee lending: sources
India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency…
Business
Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing
With demand for foreign workers continuing to outpace the supply of dormitory spaces, Centurion Corporation is ramping up capacity and…
Business
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam…
Business
Cartier Unveils High Jewelry Collection and Gemma Chan as Ambassador
PARIS — While a number of Place Vendôme houses headed south to unveil their latest high jewelry collections, Cartier set its sights due…
Business
Asia’s rich trim US exposure, head to Europe amid tariff turmoil
Asian private banking clients sprang into action over the past month, refusing to sit idle when faced with the whiplash in global…
Business
OpenAI to open office in Seoul amid growing demand for ChatGPT
OpenAI will set up its first office in Seoul and has established an entity in South Korea as demand in the country jumps for its ChatGPT…
Business
Goldman Sachs expects stronger yuan to boost Chinese stocks
The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cuts ESE stocks are…
Business
Frasers Property’s bid to privatise Frasers Hospitality Trust does nothing for offeror's minorities
Minority investors of Frasers Hospitality Trust (FHT) are getting a second chance to exit their holdings by way of a privatisation offer.…
Business
Chinese steel exports to drop as barriers mount: Goldman
Domestic consumption is forecast to fall 2% in 2025 to 839 million tonnes, the fifth straight year of decline blowout in Chinese steel…
Business
The Finale of “The Rehearsal” Is Outlandish and Sublime
Nathan Fielder, like Andy Kaufman before him, makes performance-art comedy that does not only poke fun at the world but experimentally…
Business
After briefest of respites, global trade war fears return with a vengeance
THE trade war is far from over, and neither is the associated rout in the stock market. The broad S&P 500 had turned positive for the year…
Business
CPF extends Great Eastern’s Dependants’ Protection Scheme administrator contract to September 2028
The term life insurance scheme currently covers more than two million Singaporeans and permanent residents, the CPF Board said Great…
Business
Saudi Aramco considers asset sales to free up funds: sources
Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it…
Business
Stocks to watch: Sats, The Hour Glass, Japan Foods, Manulife US Reit
The following companies saw new developments that may affect trading of their securities on Monday (May 26). Sats: The in-flight caterer…
Business
Trump backing for Nippon Steel deal comes with big questions
After more than 17 months of lobbying and close-fought negotiations to secure control of United States Steel, Japan’s Nippon Steel…
Business
Gold remains in long-term uptrend but caution needed
Gold markets have been anything but dull in 2025, but what’s more interesting is that the metal is back in the headlines and climbing…
Business
US risks losing ‘reliable investment’ status, Allianz Global Investors manager says
Inside one of Europe’s biggest asset managers, there’s growing concern that Republican efforts to gut legislation supporting key…
Business
Nvidia to launch cheaper Blackwell AI chip for China after US export curbs: sources
[BEIJING/TAIPEI] Nvidia will launch a new artificial intelligence (AI) chipset for China at a significantly lower price than its recently…
Business
Audience Analytics eyes growth in Vietnam, M&A opportunities
Audience Analytics, an organiser of regional business awards and career fairs, is seeking growth in Vietnam with its recent investment in…
Business
Will more S-Reits soon exit the local market?
WHEN the proposed privatisation of Frasers Hospitality Trust (FHT) was unveiled on May 14, I couldn’t help feeling rather disheartened –…