Culture
JPMorgan faces record 45-million-euro fine from German watchdog over money-laundering lapses
The lender says the fine concerns past issues and that delays in SAR filings did not hinder probes[FRANKFURT] Germany’s financial watchdog BaFin has imposed its largest-ever fine of 45...
JPMorgan hit with record 45-million-euro fine from German watchdog over money-laundering lapses
The lender says the fine concerns past issues and that delays in SAR filings did not hinder probes[FRANKFURT] Germany’s financial watchdog BaFin has imposed its largest-ever fine of 45...
UOB’s S$885 million allowance build-up ‘prudent’ despite Q3 profit hit: analysts
[SINGAPORE] UOB’s S$885 million move to shore up its allowances is a “prudent” step that brings its provision ratios in line with those of DBS and OCBC, analysts said,...
China commercial vehicle maker Qingling Motors debuts in Singapore with the EQ2 heavy truck
[SINGAPORE] Automotive group Motorway and Qingling Motors will officially launch an electric heavy vehicle (EHV), the Qingling EQ2, on Friday (Nov 7). Priced from S$155,888 with a Certificate of...
Motorway debuts China commercial vehicle brand Qingling Motors; relaunches Ssangyong in Singapore
Qingling Motors’ introduction comes just ahead of government incentives commencing in 2026[SINGAPORE] Automotive group Motorway and Qingling Motors launched an electric heavy vehicle (EHV) on Friday (Nov 7), marking...
Corporate governance and culture must go hand in hand amid complex challenges: Sias
They are ‘two sides of the same coin’, says founder, president and CEO David Gerald[SINGAPORE] As companies face increasingly complex challenges, David Gerald, the founder, president and CEO of...
Google planning powerful AI data centre on tiny Australian Indian Ocean outpost
Data centre could support AI-enabled military command and control node, expert says[SYDNEY] Google plans to build a large artificial intelligence data centre on Australia’s remote Indian Ocean outpost of...
Maersk lifts full-year profit guidance range, posts Q3 profit above forecast
[COPENHAGEN] Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of its full-year profit forecast.Maersk said underlying earnings before...
Singtel rises 5.4% to all-time high amid talks of US$3.9 billion data-centre deal
The telco and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global Data Centres for over S$5 billion[SINGAPORE] Shares...
Endowus to offer Avanda’s Singapore equity strategy on its platform
The approach focuses on small and mid-cap opportunities, supporting MAS’ funding initiative[SINGAPORE] Singapore-based wealth adviser Endowus will offer institutional investors and accredited investors access to fund manager Avanda Investment...
