Culture
Goldman Sachs combines Asia investment banking units, names Drayton APAC head
Published Thu, May 22, 2025 · 01:23 PM[HONG KONG] Goldman Sachs is bringing together previously separately-managed three Asian investment banking businesses into one unit to integrate its regional deals advice and...
US accepts Qatar luxury jet as Trump’s new Air Force One
[WASHINGTON] The Defense Department formally accepted a luxury Boeing 747-8 jumbo jet from Qatar to temporarily serve as the new Air Force One for US President Donald Trump, one...
Private credit funds target billions in retail demand from Asia
[SINGAPORE] From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last untapped pocket: retail investors.Private...
Ringgit may gain most in South-east Asia on exporter conversion
[HONG KONG] Malaysia’s ringgit stands to gain the most among its South-east Asian peers if the nation’s exporters convert their overseas earnings to the local currency, thanks to the...
Singtel initiates its first share buyback programme of up to S$2 billion; incorporates cloud business
The buyback will be delivered over the course of three years until financial year 2028 and involves the purchase of shares in the open market that will subsequently be...
Consumer groups want airlines to pay for baggage fees ‘distress’
[PARIS] Sixteen European consumer groups on Wednesday called on the European Union to take action against seven low-cost airlines over their baggage fees.The European Consumer Organisation, BEUC, which has...
US to keep China chip curbs, spurning Nvidia’s call for relief
[WASHINGTON] The Trump administration will maintain efforts to keep advanced artificial intelligence (AI) technology out of China’s hands, a top White House official said, brushing off calls from Nvidia...
CapitaLand Ascott Trust prices S$260 million of perpetuals at 4.2%
The issuance, with OCBC as lead manager and bookrunner, is expected to be on or around May 28HOSPITALITY player CapitaLand Ascott Trust (Clas) has priced S$260 million in perpetual...
US: Wall Street opens lower with focus on Trump’s tax Bill
Published Wed, May 21, 2025 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (May 21), as investors awaited the outcome of a pivotal debate around...
DBS’ Tan Su Shan ranked sixth in Fortune’s list of the most powerful women in business
[SINGAPORE] Tan Su Shan, chief executive officer of DBS, has been named the sixth most powerful woman in business in Fortune magazine’s 2025 100 Most Powerful Women in Business...
