Business
DBS’ plan to buy Alliance Bank stake is said to have stalled
DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory…
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Business
Business
Rothschild boosts Middle East wealth efforts with Liechtenstein deal
Rothschild is set to take over the United Arab Emirates subsidiary of the Liechtensteinische Landesbank (LLB), bolstering its presence in…
Business
Employees are bringing their own AI tools to work and companies are scrambling to catch up
When ChatGPT went viral, leadership teams rushed to understand it, but their employees had already beat them to the chase. Workers were…
Business
MUFG to launch 100 billion yen Japan real estate fund
Mitsubishi UFJ Financial Group (MUFG) plans to launch a 100 billion yen (S$870 million) fund to invest in Japanese real estate, an…
Business
China-led bloc to set up development bank in win for Xi
Chinese President Xi Jinping secured an agreement from partner countries to set up a new development bank, realising a longtime ambition…
Business
EXCLUSIVE: Swarovski Is Celebrating Its 130th Birthday With Swans, an Exhibition, Collaborations and More
The swan, a clutch of new collaborations, a retrospective exhibition — and gold galore — take center stage as Swarovski kicks off its…
Business
Kasikornbank ditches key profit goal as Thai economy falters
Thailand’s second-largest lender Kasikornbank abandoned a key earnings target on concerns that the already weak economy may deteriorate…
Business
Asia: Gold glitters to new high as stocks mixed
climbed to a new record on Tuesday as investors sought out safe havens, while Japan’s Nikkei and the Hang Seng pushed higher waiting for…
Business
Metaplanet holders approve fresh funding tools to buy Bitcoin
The firm aims to quintuple its stockpile to 100,000 by the end of 2026 and hold 210,000 tokens by the close of 2027 Japanese Bitcoin…
Business
Singapore key to HSBC’s global wealth strategy, says its bank’s wealth head here
As HSBC undergoes a global overhaul of its operations, Singapore remains a key priority of the bank’s strategy to “future-proof” itself,…
Business
China’s margin trades surge to record as stock rally extends
The world’s second-biggest stock market has embarked on a surprise rally in recent months, partly reflecting optimism that China’s…
Business
China’s margin trades surge to a record amid stock rally
Chinese investors are borrowing a record amount of cash to buy local stocks, further fuelling a months-long rally that has largely been…
Business
Dances With Wolves star Graham Greene dies aged 73
Graham Greene, the Canadian First Nations actor who starred in films including Dances With Wolves, has died aged 73, his manager says. "It…
Business
BOJ should keep raising interest rates, Deputy Governor Himino says
[KUSHIRO, Japan] Bank of Japan Deputy Governor Ryozo Himino said on Tuesday it would be appropriate to continue raising interest rates in…
Business
Trump’s World Liberty token falls in first day of trading
The digital tokens backing the Trump family’s cryptocurrency venture, World Liberty Financial, fell in value on Monday (Sep 1) in their…
Business
Gold hovers near record high on US rate-cut hopes, soft dollar
Gold prices climbed to a more than four-month high on Tuesday (Sep 2), inching closer to the all-time high touched in April, supported by…
Business
Gold hits record high as US rate-cut hopes, softer dollar boost appeal
Gold prices climbed to an all-time high on Tuesday (Sep 2), extending gains to a sixth session on the back of a weaker US dollar and…
Business
Fu Yu provides updates on probe into its supply chain arm
Fu Yu Corporation has confirmed that its unit’s US$3 million payment to a third party, that has been the subject of a probe, was made for…
Business
Westpac to hire hundreds of bankers in business lending push
The bank is expanding its presence with three new service centres in regional New South Wales, Victoria and Tasmania Westpac Banking plans…
Business
Asia fund beating 95% of peers is bullish on chip gear makers
Chinese chipmakers are trading at a four-year high versus their US peers, but a top fund manager still sees pockets of opportunity among…
Business
Singapore Paincare receives letters of claim worth S$350,000 to S$450,000
Medical services company Singapore Paincare has received letters of claim worth between S$350,000 and S$450,000, it said in a bourse…
Business
Amazon to invest NZ$7.5 billion in New Zealand data centres
Amazon has formally launched cloud services in New Zealand and dusted off a plan first announced in 2021 to invest more than NZ$7.5…
Business
Stocks to watch: ST Engineering, ComfortDelGro, Nio, Fu Yu Corp
The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 2): ST Engineering and…
