Leadership
US banks to gain from looser capital, merger policies under Trump
THE banking industry is expected to win big as former President Donald Trump returns to the White House, ushering in Republican regulators who are expected to ease capital rules...
Trump win casts fresh doubts over Wall Street’s China strategy
MORE US financial firms may pull back from China, hive off local units to minimise risks or pause expansion plans on concerns about geopolitical tensions in a Donald Trump...
Yangzijiang Shipbuilding bags US$11.6 billion worth of order wins in year to date
MARITIME vessel maker Yangzijiang Shipbuilding said that it has secured US$11.6 billion of order wins in the year to date.This exceeds its target of US$4.5 billion for the 2024...
Going above and beyond: Marina Bay Sands on billion-dollar push to court high-value tourists
FROM Dubai to Macau and across many parts of Asia and Europe, there have been significant investments worth billions of dollars in the luxury segment amid the ongoing battle...
Policy swings a key risk for Asian businesses under a Trump administration: DBS’ Tan Su Shan
Thus it is important for business leaders to remain agile and be ready to pivot quickly when things change, she addsASIAN corporates will have to stay agile and be...
Genting Singapore Q3 profit dives 63% to S$79.4 million
INTEGRATED resort operator Genting Singapore on Thursday (Nov 7) posted net profit after tax of S$79.4 million for the third quarter ended Sep 30, sliding 63 per cent from...
OCBC to make cross-border payments available to over 50 digital wallets by 2026
The bank is starting with Chinese digital wallets Weixin Pay (WeChat Pay) and AlipayOCBC is collaborating with Visa to make cross-border fund transfers accessible to more than 50 digital...
DBS sees upside to 2025 profits under Trump administration
Singapore’s largest lender posts yet another record quarterly net profit of S$3 billion in Q3DBS expects its pre-tax profits for 2025 will be around 2024 levels, but chief executive...
