News
Julius Baer announces 400 job cuts, executive board revamp
JULIUS Baer Group’s new chief executive officer Stefan Bollinger announced a radical revamp of the bank’s leadership and a cost-cutting drive that will claim hundreds of jobs at the...
SingPost Singapore CEO Shahrin Abdol Salam resigns; COO Neo Su Yin to assume additional responsibility
SINGAPORE Post’s (SingPost) local operations chief executive Shahrin Abdol Salam, 52, has resigned. He left the national postal service provider “to pursue opportunities outside the company”, said the national...
Great Eastern’s Malaysian units terminate proposed acquisition of AmMetLife
The four parties were initially expected to sign agreements for the distribution of life insurance and family takaful products, a type of Islamic insuranceGREAT Eastern’s Malaysian subsidiaries have terminated...
Taiwan leads Asia-wide stock tumble as Trump wields tariff weapon; STI sheds 1.5% before recovering
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, Canada and Mexico over the weekend. As at...
SoftBank’s Son, OpenAI’s Altman to unveil Japan AI thrust
SOFTBANK Group’s founder Masayoshi Son is taking the stage in Tokyo on Monday (Feb 3) with OpenAI chief Sam Altman, part of a global push to spur investment in...
Hong Kong-listed Chinese stocks brace for Trump tariffs’ impact
CHINESE stocks listed in Hong Kong will come under renewed pressure when they resume trading Bloomberg following a three-session break, after US President Donald Trump fired the first salvo...
Barrenjoey opens Hong Kong office as Australian firm expands
BARRENJOEY has added a Hong Kong office to its growing international footprint as the Australian financial services firm boosts its offering for clients in equity sales, research and trading....
EU to make Temu, Shein and Amazon liable for ‘unsafe’ goods: FT
THE European Union is planning to make e-commerce platforms such as Temu, Shein and Amazon Marketplace liable for dangerous or illegal products sold online, the Financial Times (FT) reported...
Trump’s policy moves still biggest risk amid DeepSeek-induced sell-off last week
The AI model’s success may drive the US government to take an even harder line on tariffs and trade restrictionsThe first Federal Open Market Committee (FOMC) meeting of 2025...
Trump’s oil tariffs a boost for European and Asian refiners
US President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their US rivals, analysts and market participants...
