Business
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
CIMB wants to find its niche in each of the markets it operates in, instead of trying to serve every customer segment across Asean, said…
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Business
Business
Bank of England considers shelving plans for a digital pound
Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism…
Business
Link Reit CEO George Hongchoy retires after 16 years at company
The group CEO of Link Asset Management Limited, George Hongchoy, plans to step down before the end of June 2026. Hongchoy has held the CEO…
Business
Elvis Evolution: 'Atrocious and misleading' show upsets some fans
Yasmin Rufo Culture reporter A number of people who attended a new Elvis immersive experience in London have told the BBC they have been…
Business
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and…
Business
One of Singapore’s longest-running hedge funds is shutting down on US investor pullback
One of Singapore’s longest-running hedge funds, New Silk Road Investment, is shutting down after weak returns and a pullback by US…
Business
OpenAI and UK sign deal to use AI in public services
OpenAI, the firm behind ChatGPT, has signed a deal to use artificial intelligence to increase productivity in the UK's public services,…
Business
China’s overcapacity drive faces stubborn oil-refiner revival
China’s oil refining sector is once again showing its knack for survival just as Beijing seeks to tackle industrial overcapacity. Of three…
Business
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a…
Business
SoftBank and OpenAI’s Stargate aims building small data centre by year-end: WSJ
GATE, a multi-billion-dollar effort by ChatGPT’s creator OpenAI, SoftBank and Oracle to supercharge the US’ AI ambitions is now setting…
Business
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep”…
Business
Australia’s Insignia agrees to A$3.3 billion takeover by CC Capital, ending bidding war
RALIA’S Insignia Financial agreed on Tuesday to a A$3.3 billion (S$2.8 billion) all-cash takeover by investment manager CC Capital, ending…
Business
Oracle in talks for US$100 million Skydance-Paramount cloud deal
Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is…
Business
Plan for the next five years, not the next five headlines: HSBC’s Tommy Leung
Investors and business owners should adopt a long-term mindset, especially in the face of ongoing geopolitical volatility and uncertainty,…
Business
Storytelling isn’t just for marketing
In an era where consumers are flooded with choices and noise, the most enduring brands aren’t just the ones with the best features,…
Business
AstraZeneca vows to spend US$50 billion on US manufacturing, development
[MUNICH/WASHINGTON] AstraZeneca plans to invest US$50 billion in the US before 2030, becoming the latest European pharma company to…
Business
The Met Wraps Up Fiscal-year 2025 With 5.7 Million Visitors
Having reeled in more than 5.7 million visitors to its two locations The Met Fifth Avenue and The Met Cloisters for the fiscal year 2025,…
Business
OpenAI and the UK form partnership to expand AI research, infrastructure
Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore…
Business
Verizon raises annual profit forecast over premium plans and tax reform
U.S. wireless carrier Verizon raised the lower end of its annual profit forecast, riding on strong demand for its premium plans and…
Business
Bryan Mbeumo transfer: Manchester United sign Brentford winger
"As soon as I knew there was a chance to join Manchester United, I had to take the opportunity to sign for the club of my dreams; the team…
Business
‘Superman’ stays at No. 1 after second weekend, raking in $57.3 million
James Gunn’s “Superman” showed staying power in its second weekend at North American box offices, collecting $57.3 million in ticket sales…
Business
Dead & Company’s Closing Night at Golden Gate Park to Stream Live in Imax Theaters
Grateful Dead fans who don’t have the means to catch Dead & Company’s upcoming shows in San Francisco’s Golden Gate Park will still have a…
Business
FDA names former pharmaceutical company executive to oversee US drug program
The Food and Drug Administration on Monday named a longtime pharmaceutical executive to run the agency's drug program, the latest in a…