Culture
Deutsche Bank’s DWS joins rivals in setting up Abu Dhabi office
It aims to be the preferred asset manager for institutional investors ploughing money into Europe, including Germany[FRANKFURT] Deutsche Bank’s investment arm DWS Group is opening an office in Abu...
Singapore stocks track regional gains on Monday; STI up 0.4%
[SINGAPORE] Local stocks ended higher on Monday (Oct 27), tracking gains in the region. The benchmark Straits Times Index rose 0.4 per cent or 18.09 points to 4,440.3, while...
Jurong Island’s ‘balancing act’: Going green while sustaining jobs and growth
The petrochemical hub’s transition comes amid the oil down-cycle and a looming carbon tax hike[SINGAPORE] As Singapore’s Jurong Island embarks on a green pivot, the energy and chemicals hub...
Banks not told of power plant when they gave in-principle loan commitment to Hyflux’s Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant[SINGAPORE] The consortium of banks which considered financing Hyflux’s Tuaspring project sent the water treatment company a...
Luxury brands turn on the charm in China to kindle nascent spending recovery
Brands have flocked to Nanjing Deji Plaza, the country’s top-performing mall in 2024 with sales of 24.5 billion yuan[SHANGHAI] As Chinese shoppers dip toes back in the luxury pool,...
Dasmond Koh’s NoonTalk Media defends strategy amid going concern warning
Auditors flagged a ‘material uncertainty related to going concern’ earlier this month, after the group incurred a net loss of S$1.8 million for FY2025[SINGAPORE] NoonTalk Media defended its business...
Toyota’s September output grows for fourth stright month, aided by strong US demand
[TOKYO] Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month, as both sales and...
Meituan seeks to raise US$3 billion in dual-currency bond sale
The company operates online platforms for food delivery and other consumer products[HONG KONG] Meituan plans to raise around US$3 billion in what would be its largest regular bond issuance...
Hong Kong Jockey Club sells US$1 billion portfolio to Canada firm
The entity has multiple exclusive legal betting licenses granted by the government on activities including horse racing and football wagering[HONG KONG] The Hong Kong Jockey Club has sold US$1...
Asia: Stocks surge on US-China trade deal breakthrough
ASIAN equities surged on Monday as investors cheered a breakthrough in US-China trade talks that set the stage for leaders Donald Trump and Xi Jinping to finalise a deal,...
