Business
SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services
It will set up centres of excellence in product management, artificial intelligence and anti-money laundering Sea’s digital financial…
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Business
Business
DBS loan demand to remain strong in H1, full-year growth likely at 5 to 6%: CEO Tan Su Shan
DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war…
Business
Unless things take a turn for the worse, the Fed seems comfortable to keep rates on pause indefinitely
The US Federal Reserve does not want any part of US President Donald Trump’s trade war, and it is determined to sit on the sidelines until…
Business
Indonesia reserves drop most in almost two years on rupiah woes
Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards market…
Business
Chinese automakers crank up sales of cars with combustion engines in Europe
Chinese electric vehicles (EVs) are losing momentum in Europe, but the nation’s automakers are selling more cars than ever in the region…
Business
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs…
Business
Newspaper headlines: 'Never forget' and 'Pakistan vows to strike back'
The One Direction star, Liam Payne, left a fortune worth £24m, reports the Metro. The paper notes the singer, who died in October, did not…
Business
Thailand to shortlist central bank chief candidates by July 2, official says
A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8),…
Business
EXCLUSIVE: Printemps on Wall Street Makes Change in Command
After just six weeks since its opening on Wall Street, Printemps is making a change of command in the U.S., WWD has learned. Thierry…
Business
Saks Connections: Luxury Reset and Industry Shake-up
Any good controversy has two, maybe three players squaring off, repositioning for a future that is usually coming much sooner than later.…
Business
DBS shares jump more than 2% after earnings beat estimates
DBS shares rose 2.1 per cent or S$0.88 on Thursday (May 8) to reach S$43.64 as at 11.26 am. It bucked the trend among the Singapore banks…
Business
Bank of Japan split over how US policies impact rate hikes: March minutes
Bank of Japan policymakers were divided in March over how soon the central bank should raise interest rates again as uncertainty stemming…
Business
Gold rises as Fed warns of economic uncertainty; Sino-US trade talks eyed
Gold prices climbed on Thursday (May 8) after the Federal Reserve warned of rising inflation and labour market risks fuelling economic…
Business
Singapore stocks open weaker as Fed leaves rates unchanged; other Asian markets mixed
DBS up on Q1 results, dividend announcement; Reits among most actively traded counters fall in early trade Singapore stocks opened weaker…
Business
Blackstone, Vanguard, Wellington to launch private markets fund
Traditional asset managers have been seeking ways to move beyond stock and bond funds into higher-margin businesses, including private…
Business
Great Eastern reports 13% higher Q1 profit of S$345.5 million
Great Eastern on Thursday (May 8) posted a 13 per cent year-on-year increase in profit to S$345.5 million for the first quarter ended…
Business
ANZ’s H1 cash earnings largely flat, margins stay pressured
RALIA’S ANZ Group reported largely flat first-half cash earnings on Thursday (May 8), as persistent competition in the home loan market…
Business
Stocks to watch: DBS, Riverstone, Lendlease Global Reit, Amara, Ban Leong
The following companies saw new developments that may affect trading of their securities on Thursday (May 8). DBS: The bank’s net profit…
Business
To keep healthcare human, we need better tech
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share…
Business
The new “Day One” playbook for progressive leaders in 2025
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share…
Business
More than dollars, support nonprofits with critical skills
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share…
Business
JARVIS reimagined: The rise of the intelligent wallet
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share…
Business
3 Doors Down Singer Brad Arnold Reveals He Has Stage 4 Kidney Cancer: ‘That’s Not Real Good, but We Serve a Mighty God… I Have No Fear’
Brad Arnold, the singer and drummer for the rock band 3 Doors Down, revealed in a social media video Wednesday that he has been diagnosed…
Business
Oil settles lower as hopes dim for US-China trade and supply worries ease
Oil prices fell by more than US$1 a barrel on Wednesday as investors doubted that upcoming US-China trade talks will result in a…