Culture
JPMorgan to build HQ in London, its biggest in Europe, Middle East and Africa
[LONDON] JPMorgan said on Thursday (Nov 27) that it would build a three million square feet tower in the Canary Wharf financial district in East London. The company is...
Do Kwon says five years in prison enough for Terra crypto fraud
[NEW YORK] Terraform Labs co-founder Do Kwon says he should get no more than five years in prison in the US for his role in a fraud tied to...
Bank of Singapore to invest in hiring, tech to boost assets, CEO says
[SINGAPORE] Bank of Singapore (BOS) plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years after assets under...
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July[MUMBAI] The Indian rupee is currently Asia’s worst-performing currency of 2025. It is...
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the gloom[LONDON] While some bank stocks...
Japan’s Kashiwazaki-Kariwa nuclear plant could restart in January
The prefecture assembly is set to vote on this during its regular session beginning on Dec 2[TOKYO] Japan’s Kashiwazaki-Kariwa nuclear power plant, the world’s biggest, could be restarted as...
Alibaba starts selling Quark AI glasses in China, enters global wearables race
[SHANGHAI] Alibaba released on Thursday (Nov 27) its new Quark artificial intelligence (AI) glasses in China, heralding the Chinese tech company’s efforts to break into the AI wearables market...
Malaysia’s palm oil exports to China down almost 29% to October
Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market[KUALA LUMPUR] Malaysia’s palm oil exports to China...
Toyota’s October output grows for fifth straight month on strong US demand
[TOKYO] Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong US demand for hybrid vehicles that offset weaker sales...
Super Dry maker Asahi aims to restore logistics by February following cyberattack
The beverage maker says the personal details of 1.52 million customers may have been leaked in the Sep 29 attack[TOKYO] Japan’s Asahi Group on Thursday (Nov 27) said it...
