Leadership
ByteDance chip design staff suddenly find out they report to Singapore unit: sources
[SINGAPORE / BEIJING] Chip design workers at Chinese tech giant ByteDance, many based in Beijing or Shanghai, unexpectedly found out last week that they are part of a Singapore...
Asian exporters absorbing about 20% of US tariffs, passing on remaining costs: Nomura
[SINGAPORE] Asian exporters are absorbing about one-fifth of US tariffs and passing on the remaining costs, indicated Nomura’s Asia Economic Monthly report released on Friday (Sep 5). Advanced manufacturers...
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
[SINGAPORE] In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded in a single...
Asia: Markets rally as Chinese stocks selloff eases
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial regulators could intervene to slow the dumping.Chinese stocks’...
Why China’s world-beating stock rally is making investors anxious
WHEN a quiet resurgence in Chinese equities developed into a world-beating rally, it took many seasoned market watchers by surprise. There’s little sign of a revival in spending by consumers...
Malaysia warns TikTok against cyberbullying, deepfake posts
[KUALA LUMPUR] Malaysia warned TikTok on Thursday (Sep 4) to crack down on age restrictions for users in the South-east Asian nation to stop cyberbullying, saying the social media...
CNMC shares strike gold as yellow metal surges again; pure gold play on SGX hits S$0.765 new high
This comes on the back of gold prices’ steady rise in recent times, following a season of market volatility[SINGAPORE] Shares of CNMC Goldmine surged over 12 per cent on...
Whisky maker Suntory’s CEO resigns after possible purchase of illegal supplements
[TOKYO] Suntory Holdings CEO Takeshi Niinami, one of Japan’s best-known business leaders, has resigned from the beverage group following a police investigation into his purchase of a supplement that...
