Culture
MAS proposes to improve complex product labelling and disclosures for investors
Investors in Singapore may soon gain clearer disclosures and improved guidance for complex products, following the implementation of…
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Culture
Culture
No compulsory financial advice needed for most retail investors under proposed MAS changes
Retail investors may soon be able to invest in products that are deemed complex without seeking the now-mandatory financial advice, even…
Culture
Two Chinese chip firms plan 12 billion yuan IPOs, bet US export curbs to spur growth
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public…
Culture
Prudential commences third tranche of US$2 billion share buyback scheme
Asia-focused insurer Prudential on Tuesday (Jul 1) announced the commencement of the third and final tranche of its US$2 billion share…
Culture
Chip-design firm SkyeChip is close to a Malaysian IPO, CEO says
Malaysian semiconductor designer SkyeChip is “close” to an initial public offering after posting consecutive years of revenue and profit…
Culture
From banks to tech: Job cuts and layoffs for 2025
In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and…
Culture
Standard Chartered faces US$2.7 billion lawsuit over alleged role in 1MDB fraud; bank ‘emphatically rejects’ claims
Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have…
Culture
China raises quota for foreign investment, ending 13-month pause
The QDII programme allows local institutional investors who meet certain conditions to buy foreign securities, bonds, and commodities…
Culture
Landmark EU tech rules holding back innovation, Google says
Alphabet’s Google will on Tuesday warn EU antitrust regulators and its critics that landmark European Union rules aimed at reining in Big…
Culture
Chinese automakers grab record hybrid market share in Europe
Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the…
Culture
Chinese money fires up Hong Kong shares
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in…
Culture
Asia: Stocks rise on trade deal hopes, Tokyo hit by tariff warning
Asian stocks rose on Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened…
Culture
South Korea wealth fund to boost bets on AI startups, eyes China tech
South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader…
Culture
Sydney flights disrupted by heavy rain and winds, flood alert raised
Strong winds and heavy rain led airlines to cancel many domestic flights from Sydney on Tuesday as Australia’s weather bureau warned an…
Culture
Stocks to watch: CDL, UMS Integration, Capital World
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 1): City Developments Ltd (CDL):…
Culture
Apple weighs using Anthropic or OpenAI to power Siri in major reversal
Apple is considering using artificial intelligence (AI) technology from Anthropic PBC or OpenAI to power a new version of Siri, sidelining…
Culture
Robinhood launches tokens allowing EU users to trade in US stocks
Robinhood said on Monday (Jun 30) it has launched tokens that will allow its customers in the European Union to trade more than 200 US…
Culture
Boeing’s US$4.7 billion Spirit deal faces UK antitrust probe
The probe will determine if the deal raises the risk of substantial lessening of competition in the UK Boeing’s US$4.7 billion deal to buy…
Culture
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
As part of the partnership, both companies will jointly participate in major trade shows and roadshows Millennium Hotels and Resorts has…
Culture
US: S&P 500, Nasdaq open at record levels on trade talk hopes; set for strong quarter
The S&P 500 and Nasdaq opened at fresh record highs on Monday (Jun 30), as optimism over the United States striking trade deals with its…
Culture
Creative Technology CEO Freddy Sim to step down for health reasons; Tan Jok Tin will serve as interim CEO
The chief executive officer of , Freddy Sim, will step down from his role on Jul 11 for health reasons, shortly after taking on the top…
Culture
NTT seeks up to US$864 million in data centre Reit's Singapore IPO
[SYDNEY/SINGAPORE] Japanese telecom giant NTT is seeking to raise roughly US$864 million in a Singapore IPO for a data centre Reit if an…
Culture
China urges Canada to ‘correct wrongdoing’ over Hikvision shutdown
China’s commerce ministry on Monday (Jun 30) urged Canada to “immediately correct its wrongdoings” after Ottawa ordered the Chinese…
Culture
US-based I Squared Capital dumps plans to make separate offer for Hong Kong’s HKBN
based infrastructure investment firm I Squared Capital has withdrawn plans to make a takeover offer for Hong Kong’s HKBN, the broadband…