News
COE woes: When emotions get in the way of efficiency
SINGAPORE’S policymakers have always had an eye on efficiency. But efficiency may not be a convincing aim for citizens – as seen, for instance, with the perennial hot topic...
Airbus hits US$21 billion orders at Paris Air Show as Boeing focuses on India crash
[PARIS] Airbus secured more aircraft orders on Wednesday, raising its total to US$21 billion at this week’s subdued Paris Air Show, while rival Boeing opted not to announce new sales...
Nike delays launch of women’s brand in partnership with Kim Kardashian’s Skims
The new brand is set to be called NikeSKIMS, and is expected to include training apparel, footwear and accessories for womenPublished Thu, Jun 19, 2025 · 06:26 AM[NEW YORK]...
Nippon Steel’s US$14.9 billion acquisition of US Steel closes, with big role for Trump
[WASHINGTON] Nippon Steel’s US$14.9 billion acquisition of US Steel closed on Wednesday (Jun 18), the companies said, confirming an unusual degree of power for the Trump administration after the...
Amid ongoing investigations into its supply chain unit, how did Fu Yu’s board end up with only one director?
[SINGAPORE] A board dispute has left components manufacturer Fu Yu Corporation with no independent directors and only one executive director. Three independent directors, Royston Tan, Christopher Huang and Daniel Poh resigned...
Inside Wilmar’s graft probe: How a cooking oil crisis led to a multitrillion rupiah corruption scandal
[SINGAPORE] Indonesian authorities in May seized 11.8 trillion rupiah (S$928 million) from global palm oil company Wilmar as part of an ongoing corruption case involving allegations of bribery to...
DBS aims to double Australian lending book in 5 years
[SYDNEY] DBS Group aims to double its Australian lending book in the next five years, its CEO Tan Su Shan said, as the Singapore-headquartered bank seeks to take advantage...
UOB becomes direct participant in China’s cross-border clearing and settlement system
[SINGAPORE] UOB and its wholly owned subsidiary UOB China have become direct participants in China’s Cross-border Interbank Payment System (CIPS), the bank said on Wednesday (Jun 18).This is a...
Singapore shares dip ahead of Fed decision; STI down 0.3%
[SINGAPORE] Stocks on the local bourse fell on Wednesday (Jun 18), tracking the mixed performance in other Asian markets, as investors awaited the US Federal Reserve’s policy decision and...
Malaysia scores record flows as bond investors favour Asia
[SINGAPORE] Bond investors fleeing the United States are finding a haven in stable and lucrative Asian debt markets, with Malaysia leading the pack as the destination for foreign money.Foreign...
BlackRock launches absolute return hedge fund for retail investors in Singapore and Hong Kong
[SINGAPORE] BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset manager with US$11.6 trillion in assets under management announced...
