Business
DBS leading race to buy controlling stake in Indonesia's Panin Bank
DBS Group, South-east Asia’s top bank by assets, is the frontrunner to buy a controlling stake in Indonesia’s Panin Bank, three people…
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Business
Business
ECB pushes back against calls for looser bank rules
The European Central Bank (ECB) has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US…
Business
Old photo reunites childhood sweethearts after 85 years
Giancarlo Rinaldi BBC Scotland news Two childhood sweethearts have been reunited after more than 85 years thanks to an old school…
Business
India discontinues parts of gold deposit scheme amid rising prices
The Reserve Bank of India has amended its master directions on the scheme to account for the changes India has discontinued parts of a…
Business
ST Engineering and HTX form JV company with initial capital of S$10 million
The JV company, Codex Solutions, will focus on developing and maintaining in-house software capabilities for the Home Team ST…
Business
Alibaba teams up with BMW to develop AI for cars in China
The carmaker is building a new intelligent personal assistant with enhanced voice recognition and trip planning features Alibaba Group…
Business
Sentebale: Harry leaves African charity he co-founded
The Duke of Sussex has announced his resignation as a patron of Sentebale, a Lesotho-based British charity which he co-founded, after a…
Business
Indonesian rupiah to hit record low on fiscal woes: analysts
Analysts see Indonesia’s rupiah declining to a record low in the short term as political and economic worries continue to grow in…
Business
Asia: Stocks rise on trade optimism, but US policy uncertainty lingers
Lingering hopes that Donald Trump’s planned tariff blitz next week will not be as painful as feared helped lift Asian markets Wednesday,…
Business
Trust Bank rolls out money lock anti-scam feature Trust Lock
Trust Bank announced the roll-out of its money lock feature, Trust Lock, for customers on Wednesday (Mar 26). This allows Trust customers…
Business
Couche-Tard sees strong interest in US stores for Seven & I deal
[MONTREAL, TOKYO] Private equity firms are showing strong interest in buying about 2,000 North American convenience stores that could be…
Business
CATL gets China’s sign-off to proceed with Hong Kong share sale
Stock sales in the Chinese territory have raised more than US$15 billion so far this year, compared with US$18.6 billion in all of 2024…
Business
Americans react to Signal group chat leak among US officials
Americans in Washington DC are reacting to a Signal group chat leak where a journalist was inadvertently added to a chat where US national…
Business
Digital Core Reit acquires 20% stake in Osaka data centre for 13.2 billion yen
The purchase is expected to be about 1.8% accretive to the Reit’s distribution per unit Digital Core Real Estate Investment Trust (Reit)…
Business
FCT’s upsized private placement closes at S$2.09 apiece, equity fundraising totals S$421.3 million
A total of 105.3 million new private placement units are expected to be issued on or around Apr 4 Frasers Centrepoint Trust’s upsized…
Business
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with…
Business
Japan’s corporate service inflation hits 3.0%, keeps BOJ rate hike bets alive
A leading indicator of Japan’s service-sector inflation hit 3.0 per cent in February, data showed on Wednesday, keeping alive expectations…
Business
Airlines booking jet repairs years in advance shows supply pain
Airlines are booking in their planes for maintenance years ahead of time in order to secure a slot as supply chain issues crimp the…
Business
Stocks to watch: FCT, Digital Core Reit, Nanofilm Technologies
The following companies saw new developments that may affect trading of its securities on Wednesday (Mar 26). Frasers Centrepoint Trust…
Business
OCBC group CEO Helen Wong paid S$12.8 million for FY2024
OCBC group chief executive officer Helen Wong received S$12.8 million in total remuneration for the financial year ended December, up 5.8…
Business
Top China phonemaker wants 70% of sales from overseas by 2027
China’s No 1 smartphone maker Vivo wants to increase sales from overseas markets such as South-east Asia to as much as 70 per cent of…
Business
Ripple Labs says it settles with US SEC, will pay reduced US$50 million fine
XRP is the fourth-largest cryptocurrency by market value, trailing bitcoin, Ethereum and Tether, the market service CoinMarketCap says…
Business
Sussex university fined £585,000 in transgender free speech row
Branwen Jeffreys Education Editor The University of Sussex has been fined £585,000 by the higher education regulator, the Office for…
Business
Calvin Klein’s Penthouse Office and Studio in Chelsea to Hit the Market
Millions might like to live like Calvin Klein with his ultraclean, minimalist aesthetic, and soon they can. The designer is putting his…