Business
UBS halts margin loans on some New World Development securities
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in…
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Business
Business
Apple’s iPhone sales in China plunged 18% in holiday quarter
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…
Business
Apple’s iPhone sales in China plunge 18% in holiday quarter
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…
Business
Claims against e-wallet players hit half a million dollars in just over a month: financial dispute agency
A TOTAL of 16 claims amounting to half a million Singapore dollars were filed against e-wallet providers in just over a month, with a…
Business
Claims against e-wallet players hit nearly half a million dollars in just over a month: financial dispute agency
A TOTAL of 16 claims amounting to S$441,625.12 were filed against e-wallet providers in just over a month, with a median claim amount of…
Business
India’s Economy Slows Down Just When It Was Supposed to Speed Up
A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The country had overtaken China as the…
Business
Coller Capital expands in South-east Asia’s private equity secondary market with Singapore office
The move extends the company’s commitment to the region as demand from institutional and private wealth investors rise…
Business
Philippine finance chief sees slower rate cuts on global risks
PHILIPPINE Finance Secretary Ralph Recto said the nation’s central bank will continue to deliver interest rate cuts this year, but they…
Business
Inchcape+ opens BYD commercial EV showroom in Singapore, partners ComfortDelGro for charging
Inchcape+ will provide vehicles for commercial fleets, while ComfortDelGro delivers charging infrastructure and financing support…
Business
Morgan Stanley boosts senior Asia banker bonuses by up to 40%
MORGAN Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40 per cent this year after a jump in…
Business
Morgan Stanley’s bonus payouts for star Asia bankers to jump by up to 50%
MORGAN Stanley’s top-performing investment bankers and traders in Asia will see up to a 50 per cent increase in bonuses due to robust…
Business
South Korea seeks tougher delisting rules to remove zombie firms
SOUTH Korea is tightening its delisting rules to kick out poor performers as part of a broader attempt to improve the quality of the stock…
Business
STI ends 0.3% lower as investors digest Trump 2.0, no immediate China tariffs
SINGAPORE stocks closed lower on Tuesday (Jan 21), following US President Donald Trump’s second inauguration, even though most markets in…
Business
China may seek more coal from Mongolia as Russia’s share shrinks
CHINA’S record coal purchases last year were driven by big increases in supplies from Australia and Mongolia, while Russian cargoes…
Business
Stocks to watch: Sembcorp Industries
THE following company saw new developments that may affect trading of its securities on Tuesday (Jan 21): Sembcorp Industries: Its wholly…
Business
HSBC said to explore options for consumer banking in Australia
HSBC Holdings is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further…
Business
Nomura to rebuild FX options business stung by wave of exits
NOMURA Holdings is crafting plans to rebuild its currency options business after a wave of staff exited the division in London and New…
Business
Bank of Korea cuts growth view on political instability, Trump impact
THE Bank of Korea (BOK) cut its growth forecast for this year as the political turmoil triggered by President Yoon Suk-yeol’s short-lived…
Business
Harnessing AI for Industry Progress: Insights from Satish Chitimoju
AI and ML are two transformative technologies in the contemporary, technology-driven world, making a profound impact across industries…
Business
When couples shouldn't split rent equally, according to a financial expert
Living together is a significant milestone for couples, but making a shared home and cohabiting a space often brings up tough financial…
Business
Trump Will Take Office as a Crypto Billionaire
The Trump family’s new crypto tokens are worth well over $10 billion on paper, after a frenzied rally pushed up the value of the digital…
Business
Kirkland & Ellis, Demarest Advogados top 2024 M&A legal advisor rankings in South and Central America
Kirkland & Ellis and Demarest Advogados have topped the mergers and acquisitions (M&A) rankings for legal advisers in South & Central…
Business
Asia markets wary as investors brace for barrage of executive orders from Trump 2.0
The key uncertainty is the timing and magnitude of fresh Trump tariffs, says OCBC chief economist DONALD Trump is raring to go, and he has…
Business
Chinese investors pile into Bridgewater-style funds, eyeing Trump return
CHINESE hedge fund managers are racing to launch products styled on Bridgewater Associates’ popular “All Weather” strategy, to meet hot…