Business
Singapore hedge fund Arrowpoint capitalised on May market turmoil
Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global…
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Business
Business
Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project
A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric…
Business
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger…
Business
Failing water sector needs stronger regulation, review says
The water sector in England and Wales is failing and needs stronger regulation to better protect billpayers and the environment, according…
Business
HK Express airfares dragged down by rising competition out of Hong Kong, CEO says
An accelerating fall in the price of air tickets from recent high levels is the biggest challenge at Cathay Pacific’s budget arm HK…
Business
Sam Heughan, Adrian Lester and Ncuti Gatwa Lead Royal Shakespeare Company’s Globe-Spanning Season
The Royal Shakespeare Company is betting big on star power and global reach with its 2025/26 season, headlined by “Outlander” heartthrob…
Business
EXCLUSIVE: Vaginal Microbiome Company Evvy Launches Its First Supplement
Evvy is entering the supplement game. Tuesday, the vaginal microbiome company, known for its test-to-treatment offerings, is launching its…
Business
MI5 neo-Nazi spy: Judge had 'no confidence' in Security Service's account of false evidence
Daniel De Simone BBC investigations correspondent MI5 is facing fresh scrutiny in the case of a violent neo-Nazi agent after a High Court…
Business
Obermeyer’s New CEO Sets Sights on Female Hunters and Anglers
At 105 years old, it was time for Klaus Obermeyer to pass the reins of his business to someone else. Since starting Sport Obermeyer in…
Business
EXCLUSIVE: The Lede Company Acquires Heather Leeds Greenfield’s Element Brand Group
The Lede Company — a full-service communications, marketing and consulting firm in Los Angeles and New York — has acquired brand…
Business
Asia: Markets rise as traders eye possible Trump-Xi talks
Asian stocks rallied on Tuesday as investors kept tabs on developments in the China-US trade war amid speculation the countries’ leaders…
Business
Frasers unit to buy S$48 million Yishun cinema complex from Golden Village
A wholly owned subsidiary of Frasers Property has agreed to buy a cinema complex in Yishun Central from Golden Village Multiplex and lease…
Business
TSMC says tariffs have some impact but AI demand robust
[HSINCHU, Taiwan] US tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace…
Business
Bank of Japan urged to keep or slow bond taper pace from fiscal 2026
The Bank of Japan (BOJ) received a sizeable number of requests to maintain or slightly slow the pace of tapering in its bond purchases…
Business
Australia central bank pondered outsized rate cut in May, decided to be predictable
Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade…
Business
Australia cracks down on crypto ATMs as scams, fraud uncovered
There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac data Australia’s financial crimes…
Business
Widjaja family’s Sinarmas Land offer closes with 98.65% resultant shareholding
Property development group Sinarmas Land requested the Singapore Exchange (SGX) to suspend trading of its shares with effect from 9 am on…
Business
Toyota to take key supplier private in US$33 billion deal
Toyota Motor will take forklift-maker Toyota Industries private in a US$33 billion deal, the companies said on Tuesday (Jun 3), a landmark…
Business
Electric trucks are the latest threat to oil demand in China
MORE and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an…
Business
Stocks to watch: CapitaLand Ascendas Reit, Sinarmas Land, Oxley Holdings
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit…
Business
Asia’s top-rated bonds lifted by pullback from US Treasuries
Bonds in Australia and Singapore are getting a lift from rising questions about the appeal of Treasuries, as fears that a proposed US tax…
Business
Merck held talks to buy biotech MoonLake for over US$3 billion: FT
K has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than US$3 billion, the Financial Times reported on Monday,…
Business
Vanguard files for new ex-China emerging markets ETF
ASSET management giant Vanguard Group plans to launch a new exchange-traded fund (ETF) that will target emerging markets while excluding…