Business
BlackRock pauses fundraising for latest Asia private credit fund
BlackRock paused fundraising earlier this year for its latest Asian private credit strategy amid its merger with HPS Investment Partners,…
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Business
Business
Dongfeng Motor Group at near eight-year peak on privatisation plan
Regulators in Beijing have recently stepped up scrutiny of the intense competition Shares of Chinese state-owned automaker Dongfeng Motor…
Business
Up to 20% hike in KrisFlyer redemption rates on SIA from Nov 1; move comes amid bid to boost Scoot redemptions
Singapore Airlines (SIA) on Monday (Aug 25) announced a hike in its KrisFlyer redemption and upgrade rates across most route and cabin…
Business
Mizuho, MUFG join race by Japan’s banks for money manager deals overseas
[LONDON/TOKYO] Japanese banks Mizuho and MUFG are targeting buying or partnering with overseas money managers, they told Reuters, joining…
Business
Gold slips from two-week peak as US dollar ticks up
Gold prices edged lower on Monday (Aug 25) as the US dollar crept higher, while increased US interest rate cut expectations following a…
Business
Bubble risks grow as China’s stock bull run defies economy angst
China’s economy is buckling under the weight of tariffs and a deep-rooted property crisis, yet stocks are extending their bull run – a…
Business
First Resources to buy remaining shares of Indonesia-listed Austindo Nusantara Jaya it does not own
First Resources will buy the remaining shares of Austindo Nusantara Jaya after its acquisition of a 91.2 per cent stake in the…
Business
First Resources to buy remaining shares of Indonesia-listed Austindo Nusantara Jaya
First Resources will buy the remaining shares it does not own in Austindo Nusantara Jaya after its acquisition of a 91.2 per cent stake in…
Business
Evergrande: Chinese property giant delisted after spectacular fall
Peter Hoskins Business reporter, BBC News Chinese property giant Evergrande's shares were taken off the Hong Kong stock market on Monday…
Business
BYD seeks to shift mass market image with souped-up race track
The name BYD is mainly associated with mass market electric vehicles. A manufacturing behemoth that churns out more electric cars than…
Business
Stocks to watch: MPACT, First Resources, Sabana Reit, Lum Chang Holdings, Raffles Education, Creative Technologies
The following companies saw new developments that may affect trading of their securities on Monday (Aug 25): Mapletree Pan Asia Commercial…
Business
HSBC Swiss unit culls wealthy Middle Eastern clients amid regulator scrutiny: report
HSBC’s Swiss private bank has launched a cull of more than 1,000 wealthy Middle Eastern clients, as it faces scrutiny from regulators over…
Business
Vietnam billionaire’s taxi firm takes on Grab in South-east Asia
Vietnam’s richest man Pham Nhat Vuong is looking to disrupt ride-hailing sectors across South-east Asia as his taxi company Green & Smart…
Business
TPG joins Asia’s rush for mid-sized buyouts with latest fund
TPG is among the large alternative asset managers now seeking money to back mid-sized investments in Asia, a move away from its…
Business
New Zealand central bank proposes reducing deposit takers’ capital requirements
New Zealand’s central bank said on Monday (Aug 25) that it was proposing to reduce the minimum capital requirement for deposit takers, and…
Business
Women in gaming: Twitch streamer Alyska and the female gamers defying stereotypes
Alyce Rocha makes her living working from home - but she doesn't have a normal nine to five. Forget endless Teams meetings, she's spent…
Business
Are sell-offs at Sembcorp, ST Engineering and SIA after their earnings reports a harbinger of doom?
The recent reporting season has been something of a reality check for bullish investors in the Singapore market, with a number of…
Business
Circles to benefit from industry consolidation: CEO Rameez Ansar
The recent moves towards more consolidation in the telco space will allow companies such as Circles to focus on innovation, said Rameez…
Business
Hyphens Pharma bets big on Asean’s medical aesthetics boom
Catalist-listed Hyphens Pharma wants to ride on the growing medical aesthetics market across South-east Asia, with the aim of becoming the…
Business
Leading benchmark for US small-cap stocks looks set to extend its advance
THE Russell 2000 is a stock market index widely recognised as the leading benchmark for small-cap stocks in the US market. After lagging…
Business
US Fed’s Jackson Hole exposes hard road ahead for central bankers
The US Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick…
Business
Bank of Japan’s Ueda expects tightening job market to push up wages
Bank of Japan (BOJ) governor Kazuo Ueda said that wage hikes are spreading beyond large firms and likely to keep accelerating due to a…
Business
US Open: Emma Raducanu beats Ena Shibahara for first win at Flushing Meadows since 2021
Watch mini highlights as British number one, Emma Raducanu beats Japanese qualifier Ena Shibahara 6-1 6-2 to get her first US Open win…
Business
Fulham 1-1 Manchester United: Ruben Amorin post-match interview
Manchester United manager Ruben Amorin says his side "could have done better" after taking the lead during a 1-1 draw with Fulham in the…