Leadership
DBS eyes S$500 billion in wealth assets by 2026: top executive
DBS Group plans to boost assets under management for its wealth business to S$500 billion by the end of 2026, said the unit’s head, as the top Singaporean bank...
Who is David Sin, and what’s his Fullerton Healthcare alleged graft case about?
DAVID Sin, 44, one of Fullerton Healthcare Corporation’s (Fullerton Health) three co-founders, was granted approval on Monday (Jun 10) to leave Singapore to visit his family in China. Before...
IEA sees ‘major’ oil supply surplus emerging by 2030
The world is likely to have a “major surplus” of oil by 2030 as production is ramped up while the clean energy transition tempers demand, the International Energy Agency...
South Korean AI chip developers Rebellions and Sapeon to merge
SOUTH Korean AI chip developers Rebellions and Sapeon Korea are pursuing a merger, Sapeon parent SK Telecom said on Wednesday (Jun 12), in the latest attempt in South Korea...
Johor Plantations, Kulim eye biggest Malaysian IPO in two years
MALAYSIAN palm oil producer Johor Plantations Group (JPG) and a shareholder expect to raise about RM735 million (S$211 million) in an initial public offering (IPO), putting the group on...
Australian wine exports to China rocket after Beijing drops tariffs
AUSTRALIAN wine makers shipped wine worth A$86 million (S$77 million) to China in the month after Beijing lifted tariffs and should be confident of bumper sales going forward, the...
Asia: Markets stutter as investors fret ahead of US releases
WORRIES about upcoming US inflation data and the Federal Reserve’s outlook for interest rates permeated Asian trading floors on Wednesday, while the euro continued to struggle owing to political...
Gold dips on firmer dollar; US inflation data, Fed policy eyed
GOLD prices edged lower on Wednesday (Jun 12), weighed down by a stronger US dollar, as investors awaited key US inflation data and the Federal Reserve’s updated interest rate...
