Leadership
Seven & i risks becoming buyout target again if turnaround fails
[TOKYO] Even after fending off Alimentation Couche-Tard’s unsolicited 6.77 trillion yen (S$58.5 billion) takeover approach, Seven & i Holdings remains a buyout target in the eyes of some investors,...
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
[NEW YORK] Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest rates at the end of...
China threatens to block Panama ports deal unless its shipping giant gets stake: report
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block Hutchison’s proposed sale of the portsPublished...
Europe: Shares see first daily gain in five on strong earnings
[BENGALURU] European shares snapped a four-day losing streak on Thursday (Jul 16), boosted by gains in industrials ABB and Legrand after they reported positive earnings news.The pan-European Stoxx 600...
US: Wall St opens marginally higher as markets weigh data
Published Thu, Jul 17, 2025 · 09:53 PM[NEW YORK] Wall Street opened largely steady on Thursday (Jul 17), as investors mulled over fresh economic data, while upbeat results from...
OCBC to develop quantum applications with NUS, NTU and SMU
[SINGAPORE] OCBC will embark on research collaborations with three local universities to develop applications of quantum technology in derivative pricing, fraud detection and data security. The bank announced this...
Taiwan’s TSMC says second quarter profit up 60%
The quarterly results follow Trump’s latest barrage of tariffs and renewed threats to impose levies on pharmaceutical products and chipsPublished Thu, Jul 17, 2025 · 02:22 PM — Updated...
China vows to address ‘irrational competition’ in EV sector
[BEIJING] China pledged to rein in “irrational competition” in its electric vehicle (EV) sector, reflecting authorities’ increasing urgency to tackle deflationary price wars threatening economic and industrial growth.The vow...
