Business
DBS gains S$26 billion in value, widening lead against OCBC
The bank is more efficiently run versus its peers and has more of a focus to reward shareholders, says Tareck Horchani of Maybank…
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Elon Musk’s US$1 trillion pay plan faces pushback from investors, state officials
Despite reporting record quarterly deliveries, Tesla faces worries that the expiration of the US EV tax credit could turn the buying rush…
Business
BOJ’s Ueda warns of global uncertainty, keep markets guessing on next hike
Japan’s economy is weathering the hit from US tariffs so far, the governor says Bank of Japan (BOJ) governor Kazuo Ueda said inflation was…
Culture
China trials ‘energy-saving’ underwater data centres
Undersea servers are kept at a low temperature by ocean currents, rather than the energy-intensive air cooling or water evaporation…
Business
Nomura unit Laser targets Japan’s booming crypto trading market
The news comes with crypto pushing further into mainstream financial services in the country Nomura Holdings plans to expand in Japan’s…
Culture
Indonesia starts construction of 92 megawatt floating solar plant
The country plans to add 42.6 gigawatts of renewable energy, almost 61% of the additional power it plans to raise, to its grid by 2034…
Business
Vietnam central bank vows to push growth, limiting credit risks
The trade levies are putting upward pressure on inflation and adding pressure on the currency The State Bank of Vietnam plans to keep…
Business
BlackRock’s GIP nears US$40 billion deal to buy Aligned Data Centers in bet on AI
Global Infrastructure Partners already owns Dallas-based data centre company CyrusOne with KKR BlackRock’s Global Infrastructure Partners…
Business
Blackstone hits US$10 billion Asia buyout fund goal amid private equity chill
The world’s biggest asset manager’s fundraising comes as global investors are growing more cautious about private equity Blackstone hit a…
Business
Global investment firm Arena Investors to shut Singapore office
Global multi-strategy investment firm Arena Investors is shutting its Singapore office and seeking to reallocate resources elsewhere,…
Business
Gold poised for seventh weekly rise on Fed rate-cut hopes
Gold held steady on Friday (Oct 3) and was set for a seventh straight weekly gain, buoyed by expectations of further US interest rate cuts…
Business
The mysterious billionaire boss at Jane Street smashing trading records
Rob Granieri took to the dance floor with long hair flowing from his fedora, shiny jacket glinting and a boutonnière bursting with colour.…
Business
Singapore F1 Grand Prix: stocks to watch
Events like this race are signals of longer-term opportunities rather than chances for quick profit, says eToro analyst Zavier Wong As the…
Business
First Resources sells Indonesia units, exits oil palm plantation business in West Papua
The units are former subsidiaries of an Indonesia-listed company under First Resources Palm oil producer First Resources has disposed of…
News
Indonesia regrets EU’s move to appeal on WTO biodiesel ruling
The case joins a string of disputes over biodiesel tariffs and palm oil’s link to deforestation The Indonesian trade ministry on Thursday…
Business
Hong Kong funding cost seen sliding on Fed cuts, slow lending
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight…
News
Trump Notifies Congress That the U.S. Is at War with Drug Cartels
The more distant we are from an actual military threat, the more imperative it should be to obtain authorization from the people’s…
Business
Stocks to watch: UOL, Singapore Land Group, First Resources
The following companies saw new developments that may affect trading of their securities on Friday (Oct 3): UOL, Singapore Land Group: The…
Business
Sumitomo Life said to take step to avoid marking bond losses
The Osaka-based insurer is taking advantage of guidelines for bond investors when prices move sharply Sumitomo Life Insurance is taking an…
Business
Applied Materials warns of sales hit from latest curbs on China
The long-awaited rule seeks to prevent sanctioned companies from using affiliates to access restricted US goods Applied Materials, the…
Culture
What to See in the 2025 New York Film Festival’s Second Week
When I’m looking at what’s on offer in the Revivals section of the New York Film Festival—and, for that matter, whenever I see a…
Business
Alphabet plans sale, spinoff of Verily unit, executive says
The Justice Department has asked the judge to force the company to sell its advertising exchange Alphabet has been working for the past…
Business
MUFG is hiring more bankers in Japan wealth management push
Backing the shift to this strategy is the government’s multi-year drive to get households to invest more Japan’s largest bank is…
Beauty
A Chic Vineyard Celebration in Earthy Hues at Villa Richter
White and green, tobacco brown, mongoose, pesto green. Vineyard elegant, chic wedding for Czech-Italian couple. After 7.5 wonderful years…