Fashion
CIMB Singapore CEO Victor Lee resigns; CFO to take charge in interim
[SINGAPORE] Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company CIMB Group announced on Tuesday (Sep...
Bank Indonesia, government allay concerns that ‘burden sharing’ deal will reduce independence
[JAKARTA] Indonesia’s government and central bank sought to allay concerns on Monday (Sep 8) about their unusual collaboration to fund government programmes, as analysts questioned whether it would compromise...
mm2 Asia Malaysia unit gets RM1.3 million payment demand from Antenna Entertainments
[SINGAPORE] Media company mm2 Asia on Friday (Sep 5) announced that its subsidiary in Malaysia, MM2 Screen Management, received a payment demand of around RM1.3 million (S$396,000) from Antenna...
From vision to action: Global Asia Insurance Partnership’s new CEO targets greater coverage in Asia
[SINGAPORE] As the Global Asia Insurance Partnership’s (GAIP) new chief executive officer, Cheng Min Hung is on a mission to tackle one of the region’s most pressing challenges: a...
China’s WM Motor to restart production after government-backed revival plan
Chinese EV makers have faced years-long price wars as they battle intense competition in an overcrowded sectorPublished Sun, Sep 7, 2025 · 11:00 AM[BEIJING] Chinese electric vehicle (EV) maker...
Bank of America sees two US Fed rate cuts this year vs none before
[NEW YORK] Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had...
China joins big oil in opposition to Trump’s biofuel proposal
[NEW YORK] US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel policy: China.A plan to slash incentives for...
Trump says Hassett, Warsh and Waller are finalists for US Fed chair
The timetable for selecting a successor to Powell, whose term as chair expires in May, remains unclearPublished Sat, Sep 6, 2025 · 08:01 AM[WASHINGTON] US President Donald Trump said...
US: Stocks dip after poor jobs data
Published Sat, Sep 6, 2025 · 06:05 AM[NEW YORK] Wall Street stocks finished lower on Friday (Sep 5) as markets grappled with worries about the latest weak US labour...
Tesla offers unprecedented US$1 trillion pay package to Musk
[WASHINGTON] Tesla proposed a new compensation agreement for chief executive officer Elon Musk potentially worth around US$1 trillion, a massive package without precedent in corporate America.The long-awaited proposal, designed...
