Business
Barclays, BNP pivot to September Fed rate cut on Powell’s labour warning
Barclays and BNP Paribas expect the US Federal Reserve to make a 25-basis-point interest rate cut in September, according to notes dated…
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Business
Business
Wayne Rooney: Arsenal's Max Dowman is the name on everybody's lips
The challenge for Dowman is to remain grounded as his profile grows and the excitement over his potential builds. "For Max and his family…
Business
EXCLUSIVE: Printemps Group’s Place des Tendances Bets on Loyalty and Logistics to Fuel Growth
In an era where fashion e-commerce is being reshaped by social media shopping and massive global platforms, Place des Tendances, the…
Business
EXCLUSIVE: Korean Brand Time Makes International Retail Debut With Samaritaine Paris Pop-up
PARIS — After presenting three seasons of runway shows in Paris, South Korean fashion brand Time will make its official European retail…
Business
Analysts downgrade SingPost on lack of clarity on strategy and growth post-Australia divestment
OCBC Investment Research and Maybank Securities analysts have downgraded their calls on local postal service provider Singapore Post…
Business
OCBC establishes blockchain-based digital US commercial paper programme
OCBC Bank announced on Monday (Aug 25) the introduction of a US$1 billion digital US commercial paper (USCP) programme using the…
Business
OCBC establishes US$1 billion digital US commercial paper programme based on blockchain
OCBC Bank announced on Monday (Aug 25) the introduction of a US$1 billion digital US commercial paper (USCP) programme using the…
Business
Asia: Markets rise on US rate cut hopes
Asian markets kicked off the week with a rally on Monday (Aug 25) morning, tracking gains made by Wall Street on Friday after the US…
Business
Sora expected to remain low, but analysts note limit to the decline
Analysts expect there is a limit to the decline in Singapore’s benchmark interest rates ahead, especially as Sing dollar rates are…
Business
Sora expected to remain low, but analysts say further decline limited
Analysts expect there is a limit to the decline in Singapore’s benchmark interest rates ahead, especially as Sing dollar rates are…
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,…
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…