Leadership
Bank of Korea board members wary about financial stability risk, minutes show
Board members are keeping its policy interest rate unchanged at 3.50%, the highest since late 2008The Bank of Korea’s monetary policy board members were cautious about lowering interest rates...
DBS said to tap Goldman Sachs to help find insurance partner in India, Taiwan
DBS has a presence in India for three decades, and it entered Taiwan even earlier, in 1983 DBS Group Holdings is considering forming insurance partnerships in India and Taiwan...
China dives back into euro debt market amid likely ECB rate cut
CHINA is returning to the international debt market after a three-year hiatus, planning to sell euro-denominated bonds amid a likely interest rate cut by the European Central Bank (ECB).The...
China oil products demand peaked in 2023, with decline to accelerate, researcher says
OIL products demand in China, long the driver of global crude consumption, peaked in 2023 and is projected to decrease by 1.1 per cent annually between 2023 and 2025,...
Top Malaysia coffee chain gets funding from buyout firm KV Asia
ZUS Coffee, Malaysia’s biggest coffee chain operator, raised RM250 million ($74.6 million) from a group of investors including buyout firm KV Asia Capital as it seeks to expand globally.The...
Singapore shares open higher on Tuesday; STI up 1.2%
SINGAPORE shares began Tuesday (Sep 10) trading in positive territory, mirroring overnight gains in global markets. As at 9.01 am, the Straits Times Index (STI) climbed 0.5 per cent or...
Biggest US banks’ capital hike chopped in half in latest plan by regulators
THE biggest US banks would face a 9 per cent increase in capital requirements – a dramatic retreat from the original plan – after regulators agreed to sweeping changes...
After TikTok, China biotech next to face wrath of US congress
CHINA hawks in the US House are working to overcome a last-ditch lobbying effort and pass legislation as early as on Monday (Sep 9) night that would blacklist Chinese...
