Leadership
DBS sees more trade flows in Asia, Africa post Trump’s tariffs
[KUALA LUMPUR] Singapore’s biggest bank DBS expects more trade flows between Asia, the Middle East and Africa, with the lender planning to support such business amid the latest rounds...
Rich Asian investors opt to unwind holdings amid margin calls
[SINGAPORE] Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral after the tumult in global markets...
Oil prices sink to 2021 lows as tariff war fans recession fears
[SINGAPORE] Crude oil prices have plunged to their lowest levels since 2021, when Covid curbs hurt business activity, amid an escalating tariff crisis that is fuelling trade war recession...
IBM launches new mainframe in bet that some data stays local
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware[NEW YORK] International Business Machines (IBM) unveiled its latest mainframe system, saying that a...
Finian Tan on US$33.3 million duped in alleged nickel scam
[SINGAPORE] Well-known venture capitalist Finian Tan told the High Court on Tuesday (Apr 8) that he was red-faced by the loss to alleged fraudster Ng Yu Zhi.
“I am embarrassed...
Asia: Markets stage mild rebound but Trump tariff uncertainty reigns
[HONG KONG] Asian markets battled on Tuesday to recover from the previous day’s tariff-fuelled collapse, though Donald Trump’s warning of more measures against China and Beijing’s vow to fight...
South Korea eyes boosting energy imports to cut surplus with US
[SEOUL] A top South Korean trade official said the government is reviewing multiple packages to present to the Trump administration as it seeks to reduce a trade surplus with...
India says ‘no’ to BYD while wooing rival Tesla to invest
With a 100 per cent duty on fully built vehicles – by far the highest among major economies – the country has long shielded domestic players with steep tariffs[DELHI]...
