Leadership
Singapore’s oil party spoiled by falling prices and China gloom
The oil party isn’t over yet – but for top merchants and executives gathering for talks and rooftop cocktails in Singapore this week, the exuberance that came with the...
GIC-backed aviation service provider StandardAero files for US IPO
StandardAero, an aircraft maintenance services provider backed by private equity firm Carlyle Group and Singapore’s sovereign wealth fund GIC, filed for an initial public offering (IPO) in the US...
US: Nasdaq ends down 2.6% as stocks fall after jobs data
Wall Street stocks finished decisively lower on Friday (Sep 6) following weaker than expected US jobs growth that pointed to a slowing economy. The lacklustre job growth “played right...
US: Wall Street opens muted after August payrolls data
Wall Street’s main indexes were subdued at the open on Friday (Sep 6) after a report showed fewer-than-expected jobs additions in the previous month, aiding expectations that the Federal...
Construction of Changi Airport Terminal 5 to start in first half of 2025: PM Wong
The construction of Changi Airport Terminal 5 (T5) will start in the first half of 2025, and in the mid-2030s, when the mega terminal is operational, the aim is...
Malaysia Airlines says ‘potential issue’ found on one A350-900 engine
MALAYSIA Airlines said on Friday (Sep 6) it had found a “potential issue” with the engine of an Airbus A350-900 aircraft in its fleet but added that it had...
Which are China’s top five brokerages?
STATE-BACKED Guotai Junan Securities’ purchase of its rival Haitong Securities to create a sector leader is part of Beijing’s drive to consolidate the US$1.7-trillion industry amid challenging markets, a...
JPMorgan appoints Kam Shing Kwang as new HK CEO: memo
JPMORGAN has appointed Kam Shing Kwang as its new Hong Kong CEO, succeeding Harshika Patel as she completes her term, an internal memo reviewed by Reuters on Friday shows.Kwang’s...
