Culture
Have 30 and 80 year olds in top management of big companies.
Piyush Gupta’s tenure as DBS’s chief executive officer (CEO) ended with a bang as the group posted record net profit of S$11.29 billion…
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Culture
Culture
Thailand to buy 12 Swedish Gripen fighter jets, air force says
Thailand plans to acquire a dozen Gripen JAS 39 fighter jets built by Sweden’s SAAB over 10 years to replace its ageing fleet of mainly US…
Culture
Korean stocks rise to enter bull market, bonds sink after vote
South Korea’s equity benchmark climbed to enter a bull market, after Lee Jae-myung’s widely-expected win in the presidential election…
Culture
South Korean stocks rise to enter bull market, bonds sink after presidential election outcome
South Korea’s equity benchmark climbed to enter a bull market, after Lee Jae-myung’s widely expected win in the presidential election…
Culture
Singapore Paincare worth up to S$0.37 a share, more than double its privatisation offer: Sias
The Securities Investors Association (Singapore), or Sias, is urging minority shareholders of Singapore Paincare to hold off on selling…
Culture
China considers ordering hundreds of Airbus jets in major deal
China is considering placing an order for hundreds of Airbus aircraft as soon as next month, when European leaders visit Beijing to…
Culture
More Chinese corporates eyeing deals in Asean, secondary listings on SGX
Chinese corporates are increasingly looking for deals in South-east Asia amid rising uncertainty from US trade policies, said Jason Saw,…
Culture
Ping An Insurance raises US$1.5 billion from convertible bonds
Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong…
Culture
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to…
Culture
Gold steady as US-China trade uncertainty offsets strong US jobs data
Gold prices held steady on Wednesday (Jun 4) as the uncertainty over US-China trade relations offset the impact of strong US jobs data…
Culture
Global alarms rise as China’s critical mineral export ban takes hold
Alarm over China’s stranglehold on critical minerals grew on Tuesday (Jun 3) as global automakers joined their US counterparts to complain…
Culture
HPE posts strong revenue growth, sees reduced tariff impact
Hewlett Packard Enterprise (HPE) reported quarterly revenue that topped estimates and said it expects a reduced impact from tariffs on its…
Culture
US: Wall Street opens mixed as investors await trade negotiations
Wall Street’s main indices opened mixed on Tuesday (Jun 3) as investors awaited possible negotiations between the United States and its…
Culture
Thailand and Indonesia could be growth laggards in Asean: Nomura
Thailand and Indonesia are expected to be growth laggards within Asean, noted Euben Paracuelles, chief Asean economist at Nomura at the…
Culture
Semiconductor manufacturer Frencken to build new S$63 million plant in Kaki Bukit
Semiconductor maker Frencken will invest S$63 million to build a new and larger five-storey manufacturing facility in Kaki Bukit. The new…
Culture
Volkswagen says 20,000 workers agree to early exits
Volkswagen said about 20,000 employees will voluntarily leave the company by the end of the decade as the carmaker restructures its German…
Culture
Grand Venture Tech’s Q1 after-tax net profit up 27.7% to S$2.6 million
Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6…
Culture
Temasek’s Mapletree Investments returns to profit, hits record AUM of S$80.3 billion in FY2025
Temasek’s Mapletree Investments reversed a loss from the previous year to turn a profit of S$227.2 million for the full-year ended Mar 31,…
Culture
Asean power grid could unlock 25 GW of renewable capacity, lowering Singapore’s electricity costs: Rystad Energy
A regional power grid that allows for electricity trade between Asean nations, if fully realised, could unlock up to 25 gigawatts (GW) of…
Culture
The privatisation offer for this small Catalist company could cause SGX some discomfort
Amid a flurry of delistings from the Singapore Exchange (SGX), one more privatisation offer – especially that for a small Catalist player…
Culture
Singapore stocks climb on the prospects of Trump-Xi talks this week; STI up 0.1%
Gainers beat losers 313 to 192 with 1.1 billion securities worth S$1.3 billion changing hands Local stocks ended Tuesday (Jun 3) higher as…
Culture
Ascott, Frasers Hospitality expand footprint in Asia
Lodging sector players Ascott and Frasers Hospitality issued separate statements on Tuesday (Jun 3) announcing their expansion in Asia…
Culture
Julius Baer’s new goals fail to impress in setback for CEO
Julius Baer Group unveiled fresh targets aimed at cutting costs and setting the Swiss wealth manager on the road to better profitability,…
Culture
Singapore hedge fund Arrowpoint capitalised on May market turmoil
Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global…