Posts by Stephanie Irvin
Want to Be a CEO Someday? These Five Success Moves Could Make All the Difference
CEO success isn’t just about a fancy title or corner office views. It’s about leading with vision, navigating pressure with clarity, and building something worth remembering. The path to business leadership comes with decisions that shape your future long before you land at the top. So what separates the ones who rise with purpose from…
Read MoreUS: Wall St falls at open after Trump threatens EU, Apple with fresh tariffs
Published Fri, May 23, 2025 · 09:40 PM [NEW YORK] Wall Street dropped at the open on Friday (May 23) after US President Donald Trump recommended 50 per cent tariffs on the European Union, while Apple slid after he warned the company would have to pay tariffs if its phones were not made in the…
Read MoreRBI’s record US$31.6 billion payout to bolster government finances
A bonanza from the central bank will help meet the government’s 4.4% fiscal deficit target for the current financial year Published Fri, May 23, 2025 · 08:21 PM [NEW DELHI] India’s central bank will give a record dividend to the government, shoring up finances to bolster growth in Asia’s third-largest economy. The Reserve Bank of…
Read MoreManulife US Reit gets nod to extend asset disposal deadline to Dec 31
[SINGAPORE] The manager of United States office real estate investment trust (Reit) Manulife US Reit (MUST) on Friday (May 23) announced it has received approval from lenders to extend the deadline for the disposal of assets by six months to Dec 31. The Reit will use US$25 million in cash, in addition to proceeds from…
Read MoreFoxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
[HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3 billion, two people with knowledge of the matter said. UTAC’s owner, Beijing-based private equity firm Wise Road Capital, has hired Jefferies to run a sale process…
Read MoreOutlook for US dollar assets remains stable for now, but investors must watch the market: MAS chief
[SINGAPORE] The outlook for US dollar assets remains stable for the moment although in the near term, the market bears watching, said Monetary Authority of Singapore (MAS) chief Chia Der Jiun at the Qatar Economic Forum on Tuesday (May 20). Earlier on May 16, Moody’s had downgraded the US’ credit rating from “AAA” – the…
Read MoreDeutsche Bank plans SRT deal tied to US$3 billion corporate loans
[BERLIN] Deutsche Bank is selling a significant risk transfer (SRT) linked to a portfolio of US$3 billion in corporate loans, according to people with knowledge of the matter, the latest deal to drive this market toward record volumes this year. The size of the SRT is around 8 per cent of the portfolio, or about…
Read MoreYangzijiang Shipbuilding down 5.1% amid steep fall in Q1 order wins
[SINGAPORE] Shares of Chinese vesselmaker Yangzijiang Shibuilding fell on Friday (May 23) as its Q1 order wins plunged to US$300 million, a marked fall from US$3.3 billion in the year-ago period. As at 11.23am, the counter fell to S$2.03, down by 5.1 per cent or S$0.11 from its Thursday closing price of S$2.14, with 21.8…
Read MoreAsia: Stocks bounce back after Treasury-led sell-off
[HONG KONG] Asian equities stabilised on Friday following the previous day’s US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump’s signature tax-cutting budget passed a key congressional vote. Worries about the US budget deficit have returned to the fore this week after Moody’s removed its top-tier credit rating and…
Read MoreMetro sinks into the red with H2 net loss of S$228.1 million on lower revenue
[SINGAPORE] Metro sank into the red for its second half ended March, with a net loss of S$228.1 million, reversing from a S$6.4 million net profit in the previous corresponding period. This translates to a loss per share of S$0.276, versus an earnings per share of S$0.008, the mainboard-listed property investment and development group said…
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