Entrepreneurship
Saudi Aramco kicks off its first dollar bond sale this year
The world’s biggest oil exporter is selling bonds with five, 10 and 30-year maturitiesPublished Tue, May 27, 2025 · 09:25 PM[RIYADH] Saudi Aramco started the sale of dollar-denominated debt,...
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...
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...
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...
Indonesia’s Widjaja family’s Sinarmas Land offer wins 90% acceptance, triggering compulsory acquisition
[SINGAPORE] Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance threshold in its offer for Singapore-listed Sinarmas...
Japan to consider trimming super-long bond issuance: sources
The MOF will make a decision after holding discussions with market participants around mid- to late-June, the sources saysPublished Tue, May 27, 2025 · 01:37 PM[TOKYO] Japan will consider...
Car sales in Europe dip slightly in April, Tesla’s 49% drop tempers EV gains
TESLA’S sales in Europe fell 49 per cent in April from a year earlier, even as battery-electric sales rose by 27.8 per cent, as the US EV maker’s upgrade...
Asia: Stocks fluctuate as traders await next moves in Trump trade war
[HONG KONG] Equities meandered on Tuesday as investors awaited the latest developments on Donald Trump’s trade war, while the yen rallied after the head of Japan’s central bank flagged more...
Cerberus eyes Chinese firm’s Darwin port: report
China’s Ambassador to Australia Xiao Qian has warned Canberra in a statement released on Sunday to tread carefully in its decision-making around the Port of Darwin lease Published Tue,...
Denso in talks to buy Temasek-backed seed maker for US$500 million
Published Tue, May 27, 2025 · 10:16 AM[TOKYO] Denso is in final talks to buy a Temasek-backed seed supplier for around US$500 million, as the Japanese vehicle parts supplier...
