Business
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer Goldman Sachs, Group JPMorgan Chase and UBS Group are…
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Business
Business
Balaji Salem Balasundram Unlocks Enterprise Agility Through AI-Driven Cloud Mastery
"Generative AI is only meaningful for enterprises when it turns cloud infrastructure into a living system that learns from every incident…
Business
Wall Street falls at open on worries over Fed autonomy
Wall Street’s main indexes opened lower on Monday (Jan 12) after the Trump administration renewed its attacks on the Federal Reserve,…
Business
StanChart is preparing crypto expansion with prime brokerage
It will house the new business within its wholly owned venture capital unit, SC Ventures Standard Chartered plans to set up a prime…
Business
Volkswagen drops to third in China sales as fast-growing Geely Auto pips it
Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs Volkswagen was overtaken by…
Business
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting…
Business
Not another dotcom bubble: DBS CIO doubles down on AI, healthcare
Hou Wey Fook is confident that AI-related optimism is based on sound fundamentals The so-called “artificial intelligence (AI) bubble”,…
Business
Singapore Exchange proposes bond futures for India, South-east Asia
THE Singapore Exchange (SGX) held multiple calls with treasury officials from global banks about introducing futures tied to some Asian…
Business
The Saddest Part of This Recent Economic Lunacy | National Review
The president has offered four ideas in the past week that are all a huge problem — for the people these ideas are supposed to be helping.…
Business
How to Recover from Caring Too Much
In Clayton’s and Josephson’s hands, though, the fawn response becomes something more pliable, less a sign of acute threat than a broadly…
Business
British Land CEO Carter set to leave to lead GIC-backed P3 Logistics
British Land CEO Simon Carter plans to step down this year to join European logistics developer P3 Logistics Parks, the real estate group…
Business
Thomson Medical appoints Tong Kooi Ong as board chairman
Mainboard-listed Thomson Medical Group has appointed Malaysian businessman Tong Kooi Ong as its independent, non-executive chairman to its…
Business
Singapore stocks rise as US Fed probe revives ‘Sell America’ trade; STI up 0.5%
Singapore shares climbed on Monday (Jan 12), as Asian markets gained on a rise in “Sell America” sentiment after the Trump administration…
Business
Reliance halts cell-making plans after failed bid for China tech
Its struggles show that companies asked to make India carbon-zero by 2070 cannot progress without better bilateral ties with Beijing…
Business
Beijing looms large over Singapore-based Manus’ deal with Meta
The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path It took just 10 days for Meta’s acquisition…
Business
Heineken’s Van den Brink to step down as CEO
Dutch brewer Heineken said on Monday (Jan 12) its chief executive officer (CEO) Dolf van den Brink will step down on May 31, after nearly…
Business
UBS rejects proposed Swiss bank rules, moots less costly alternatives
The lender warns the proposal would add huge costs and threaten the continuation of its successful business model UBS on Monday (Jan 12)…
Business
China battery shares drop on plan to cut export tax rebates
From April, discounts on 22 battery-related goods will be cut from 9% to 6%, with a complete removal planned from 2027 Chinese battery…
Business
South Korea makes checks on increasing US dollar deposits as won falls
South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank…
Business
Xpeng hires banks for flying car unit IPO in Hong Kong: sources
Xpeng Aeroht’s first mass-produced flying vehicle is scheduled for customer delivery in late 2026 Xpeng has hired banks to work on an…
Business
HSBC launches UAE asset management business to tap into wealth influx
The bank has focused its growth efforts on regions such as Asia and the Middle East HSBC is opening an asset management business in the…
Business
Europe and China’s feud over chips is reaching a breaking point
An effort by Europe to stand up to China and retain local technology is approaching a breaking point. In a fight over a critical link in…
Business
Returns generated by GIC, Temasek ‘reasonable and within expectations’: Jeffrey Siow
He says Temasek operates mainly as a ‘bottom-up investor’, while GIC’s mandate is to preserve the international purchasing power of the…
Business
US to host meeting on rare earths as China-Japan spat simmers
The discussions are expected to also include officials from Australia, South Korea, India, Mexico and the European Union THE US will host…