Leadership

Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
July 1, 2025
Published Tue, Jul 1, 2025 · 01:49 PM[KUALA LUMPUR] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have initiated legal proceedings against Standard Chartered Bank...
Chinese money fires up Hong Kong shares
Chinese money fires up Hong Kong shares
July 1, 2025
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in China’s growing rivalry with the United States.A record US$90...
Three senior Mizuho FX/rates traders exit in Singapore, London
Three senior Mizuho FX/rates traders exit in Singapore, London
July 1, 2025
Published Tue, Jul 1, 2025 · 11:44 AM[SINGAPORE] Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to sources familiar...
Zuckerberg debuts Meta ‘superintelligence’ group, more hires
Zuckerberg debuts Meta ‘superintelligence’ group, more hires
June 30, 2025
[SAN FRANCISCO] Meta Platforms chief executive officer Mark Zuckerberg announced a major restructuring of the company’s artificial intelligence (AI) group, including a commitment to developing AI “superintelligence”, or systems...
Europe: Shares see monthly declines as markets eye trade developments
Europe: Shares see monthly declines as markets eye trade developments
June 30, 2025
EUROPEAN stocks ended lower in broad-based declines on Monday, closing out June with monthly losses as investors monitored for signs of any progress on US trade talks as the...
US: S&P 500, Nasdaq end at records, adding to big quarterly gains
US: S&P 500, Nasdaq end at records, adding to big quarterly gains
June 30, 2025
[NEW YORK] Wall Street stocks rose again on Monday amid optimism over trade negotiations and US tax cut legislation to conclude the final session of the second quarter at fresh records.The...
Creative Technology CEO Freddy Sim to step down for health reasons; Tan Jok Tin will serve as interim CEO
Creative Technology CEO Freddy Sim to step down for health reasons; Tan Jok Tin will serve as interim CEO
June 30, 2025
[SINGAPORE] The chief executive officer of , Freddy Sim, will step down from his role on Jul 11 for health reasons, shortly after taking on the top job in...
ING to cut 230 jobs as it has ‘too many’ managing directors
ING to cut 230 jobs as it has ‘too many’ managing directors
June 30, 2025
Published Mon, Jun 30, 2025 · 06:23 PM[AMSTERDAM] ING Groep announced a round of cuts focused on senior staff saying there are just too many of them. The Dutch lender...
Japan’s Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
Japan’s Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
June 30, 2025
[TOKYO] Japan’s Nikkei share average closed at a more than 11-month high on Monday (Jun 30) as investor risk appetite grew after a strong rally in US equities, driven...
Singaporeans big buyers of Quayside JBCC amid Johor’s RTS boom
Singaporeans big buyers of Quayside JBCC amid Johor’s RTS boom
June 30, 2025
[KUALA LUMPUR] Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border...