News
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of misstepsPublished Thu, Jul 17,...
Trek 2000 divests stake in Terrenus Energy valued at around S$8.2m
The shares are currently held as investment and do not generate any income or revenue for FY2024[SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it...
Companies look to AI to enable financial resilience amid global volatility: DBS survey
[SINGAPORE] Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI) tools of particular interest, based on the findings of a global...
Chinese shipyards’ market share falls to 52% amid US port fees concerns, says Bimco
[SINGAPORE] The market share of Chinese shipyards dropped by almost a third from January to June this year amid concerns about upcoming fees on Chinese ships entering US ports,...
China probes US$100 underwriting fee amid Xi price war clampdown
[BEIJING] China is investigating some of the nation’s top investment banks over bond underwriting fees that hit below US$100, as regulators expanded a crackdown on a long-standing price war...
Walmart eliminates hundreds of store-support and training jobs
The company aims to staff the academies differently based on the needs and number of participants and plans to add some new rolesPublished Thu, Jul 17, 2025 · 11:27...
Trump’s trade deal pushes Garuda to learn to love 737 Max again
[JAKARTA] Five months after a Boeing 737 Max aircraft operated by Lion Air crashed into the Java Sea in 2018, Indonesian flag carrier Garuda Indonesia tried to cancel its...
How Chinese consumer brands are muscling into South-east Asia
EVERY tourist arriving in Ho Chi Minh City visits the 110-year-old Ben Thanh Market. Its surrounding streets pulse with local eateries, coffee joints, and souvenir shops.Yet amid these Vietnamese...
Stocks to watch: ST Engineering, FLCT, mm2 Asia, HRnetGroup, Ossia
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 17):ST Engineering: The group said on Thursday that its wholly owned subsidiary ST...
Haagen-Dazs maker prices debt for 4.4 billion euros payout to owners
[NEW YORK] Froneri International, the maker of Haagen-Dazs ice cream, is wrapping up commitments for a debt deal to help fund one of the largest shareholder payouts on record,...
