Business
Swiss watchdog backs UBS plan to limit investment bank amid capital rule debate
The head of Switzerland’s financial watchdog signalled he is in favour of UBS Group’s offer to limit the size of its investment bank,…
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Business
Business
Will A.I. Save the News?
I am a forty-five-year-old journalist who, for many years, didn’t read the news. In high school, I knew about events like the O. J.…
Business
Resolving succession at Kwek Leng Beng's Hong Leong Finance
Succession troubles surfaced recently at local-listed property and hotel group City Developments Ltd (CDL), when executive chairman Kwek…
Business
Singapore shares settle lower on Tuesday; STI down 2%, bucks regional indices rebound
Across the broader market, gainers beat decliners 362 to 234, with 2.4 billion shares worth S$3.5 billion transacting The Straits Times…
Business
Japan debt deals worth US$678 million pulled as tariffs roil global markets
Three Japanese companies have postponed the sale of US8.43 million worth of yen-denominated bonds in the wake of global financial market…
Business
EXCLUSIVE: Kering Beauté Names New CEO at Creed
PARIS — Kering Beauté has named veteran beauty executive Nathalie Berger-Duquene chief executive officer of Creed, effective May 6. This…
Business
Mike Sneesby Appointed CEO of Top Middle East Broadcaster MBC Group as Sam Barnett Steps Down
Veteran TV executive Sam Barnett is stepping down as CEO of top Middle East broadcaster and streamer MBC Group and Mike Sneesby, former…
Business
CDL group CEO Sherman Kwek gives up long-term incentive of S$1.35 million; total compensation for FY2024 down 15.4%
City Developments Ltd (CDL) group chief executive officer Sherman Kwek has voluntarily forgone his long-term incentive grant of S$1.35…
Business
IBM launches new mainframe in bet that some data stays local
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware International Business…
Business
Venture capitalist Finian Tan of US$33.3m duped in alleged nickel scam
Well-known venture capitalist Finian Tan told the High Court on Tuesday (Apr 8) that he was red-faced by the loss to alleged fraudster Ng…
Business
Finian Tan on US$33.3 million duped in alleged nickel scam
Well-known venture capitalist Finian Tan told the High Court on Tuesday (Apr 8) that he was red-faced by the loss to alleged fraudster Ng…
Business
Clean power offers safety to China investors rattled by tariffs
Investors traditionally turn to utilities during times of market upheaval thanks to their relatively stable revenue sources China’s clean…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as Trump’s tariffs…
Business
EXCLUSIVE: Frame Names Elisa Albella Chief of Staff
Elisa Albella has been named chief of staff of Frame. Launched in 2012 by Swedish entrepreneurs Erik Torstensson and Jens Grede, the Los…
Business
King and Queen's new wedding anniversary photos in Italy
Sean Coughlan Royal correspondent King Charles and Queen Camilla have released new photographs to mark their 20th wedding anniversary…
Business
Japan’s Seven & i seen booking 24% fall in Q4 profit, adding to takeover pressure
Japanese retailer Seven & i Holdings is set to record a 24 per cent drop in quarterly profit on Wednesday as underperformance of its…
Business
Frasers Centrepoint Trust launches preferential offering at S$2.05 apiece
The manager of Frasers Centrepoint Trust on Tuesday (Apr 8) announced the launch of a preferential offering at S$2.05 per unit. The issue…
Business
Chinese state funds plan to buy stocks as market rout deepens
Chinese officials have been discussing front-loading potential stimulus to offset the impact of tariffs China’s state-backed funds are…
Business
India says ‘no’ to BYD while wooing rival Tesla to invest
With a 100 per cent duty on fully built vehicles – by far the highest among major economies – the country has long shielded domestic…
Business
Binance founder Zhao to help Pakistan boost crypto trading bid
Crypto trading is steadily gaining traction among Pakistan’s 230-million population despite its central bank’s warning over the risks…
Business
Tokyo: Nikkei jumps 6%, rebounds from 1-1/2-year low on US tech boost
Japan’s Nikkei share average rose 6 per cent on Tuesday in a widespread rally, rebounding from a 1-1/2-year low hit in the previous…
Business
Tokyo: Nikkei ends 6% higher on market recovery hopes
Japan’s Nikkei share average closed 6 per cent higher on Tuesday (Apr 8), recovering from a 1½ -year low hit in the previous session, as…
Business
Stocks to watch: DBS, SGX, Frasers Centrepoint Trust, Thakral, Dasin Retail Trust
The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 8). DBS: On Monday night, DBS said…
Business
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade.…