Culture
Nippon Steel could offer Washington golden share to seal US Steel deal, Nikkei reports
Deliberations over the idea, which would give Washington the power to veto important management mattersPublished Tue, May 27, 2025 · 08:03 PM[TOKYO] Nippon Steel is considering offering a so-called...
Xiaomi reports 47% revenue growth in Q1 as it launches new electric SUV
[BEIJING] China’s Xiaomi reported a 47.4 per cent annual jump in first-quarter revenue on Tuesday (May 27) as the company doubled down on making electric vehicles.Revenue for the quarter...
Elaine Heng to succeed Linus Goh as OCBC’s head of global commercial banking
[SINGAPORE] OCBC announced on Tuesday (May 27) key leadership changes to its global wholesale banking franchise, to take effect on Oct 1. Elaine Heng, now OCBC’s group chief strategy...
Singapore shares rise as US delays tariffs on European Union; STI up 0.5%
Across the broader market, gainers beat losers 249 to 180, after 1.1 billion securities worth S$958 million are traded[SINGAPORE] Shares on the Singapore bourse ended higher on Tuesday (May...
Swiss watch exports jump in April ahead of threatened US tariffs
Asian markets displayed further weakness, with exports to Singapore falling 9%, China off 30% and Hong Kong down 23%Published Tue, May 27, 2025 · 05:47 PM[ZURICH] Swiss watch exports...
Japanese gas tanker giant Mitsui OSK sees difficulty buying Chinese vessels
[SINGAPORE] Mitsui OSK Lines, owner of the world’s largest fleet of liquefied natural gas carriers, said it is hard to buy Chinese vessels for the time being as the...
Maybank downgrades Malaysia’s Tan Chong Motor to ‘sell’ amid widening losses, competition
[SINGAPORE] Maybank Investment Bank has downgraded Malaysia’s Tan Chong Motor (TCM) to “sell”, from “hold” previously, amid widening losses, weak product appeal and intensifying competition.Despite the downgrade, Maybank maintained...
Perennial to invest one billion yuan to open two hospitals in Guangzhou
[SINGAPORE] Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with Guangzhou Metro Group to establish a tertiary...
Samsung in talks to invest in California-based Exo
Discussions on all the potential developments are ongoing and details could changePublished Tue, May 27, 2025 · 04:31 PM[SEOUL] Samsung Electronics’ investment arm is among a group of firms...
HSBC cuts dozens of analyst jobs in investment banking overhaul
[SINGAPORE] HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to sources familiar...
