Culture
Helen Wong to retire as OCBC CEO; Tan Teck Long named successor
[SINGAPORE] OCBC group chief executive officer Helen Wong will retire on Dec 31, 2025, with Tan Teck Long, the bank’s current head of global wholesale banking, set to take...
Sats CEO Kerry Mok’s pay rises 30.5% to S$3.1 million
[SINGAPORE] Kerry Mok, chief executive officer of inflight caterer and ground-handling company Sats, earned over S$3.1 million in total remuneration in FY2025 ended March, up 30.5 per cent from...
China’s GDP growth set to slow, raising pressure on policymakers
[BEIJING] China’s economy is expected to have slowed down in the second quarter from a solid start to the year. This comes as trade tensions with the US added...
Musk’s Tesla marks formal India entry with Mumbai launch event
[MUMBAI] Tesla will open its first India showroom in Mumbai next week, having imported US$1 million worth of cars and merchandise, marking its entry into the world’s third-largest car...
Citigroup sets mid-2026 target of 1,150 for MSCI’s global equity index
The brokerage’s expected year-end EPS growth of above 11% for the ACWI falls below consensus estimatesPublished Fri, Jul 11, 2025 · 04:04 PMCITIGROUP on Friday (Jul 11) introduced its...
‘Defensive play benefiting from volatility’: Analysts positive on SGX earnings, raise target prices
[SINGAPORE] Analysts are positive on Singapore Exchange (SGX), amid the recent months’ rise in trading volumes and volatility.SGX can be considered a “defensive play benefiting from volatility”, said CGS International...
Chinese banks stumble on Beijing’s consumer lending push
[BEIJING] Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on personal loans and have a...
Japan’s MUFG targets US for securitisation business, plans to boost headcount
[TOKYO] Mitsubishi UFJ Financial Group (MUFG) plans to expand its securitisation business globally, with a focus on North America, and will increase headcount in this area by around 25...
PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs
[BEIJING] China should add as much as 1.5 trillion yuan (S$268 billion) in fresh stimulus to boost consumer spending and maintain currency flexibility to counter US tariffs’ drag on...
Tesla plans robotaxi expansion to California and Arizona
[AUSTIN] Tesla is aiming to bring its driverless taxis to California and Arizona as the carmaker plots an expansion on the heels of last month’s limited rollout in Austin.Chief...
FedEx partners Singapore startup QuikBot to deploy robots for deliveries in commercial areas
[SINGAPORE] Courier and logistics giant FedEx has partnered home-grown startup QuikBot Technologies to deploy autonomous delivery robots to commercial areas in Singapore and to address the challenges plaguing deliveries...
