Leadership
Adnoc to sell about 5.5% additional stake in drilling unit
ABU Dhabi National Oil Company plans to sell a roughly 5.5 per cent stake in its drilling unit, more than two years after it raised US$1.1 billion from an...
Electric vehicle tariffs are a trap, says Stellantis CEO
STELLANTIS expects a major battle with Chinese rivals in the European market for electric vehicles, warning of significant consequences for jobs and production as a result, the group’s chief...
Japan’s Kishida makes public push on capital markets reform
JAPAN Prime Minister Fumio Kishida made a public push to woo foreign investment on Wednesday (May 22), pledging further capital markets reform and promoting asset management in a speech...
Morgan Stanley’s Asia chief says Tokyo gaining on rival hubs Singapore and Hong Kong
MORGAN Stanley’s chief executive officer for Asia said Tokyo is catching up with rival financial hubs in Asia as its economy crawls out of decades-long deflation, boosting the potential...
China hints at 25% car tariff as deadline for EU probe looms
CHINA signalled it is ready to unleash tariffs as high as 25 per cent on imported cars with large engines, as trade tensions escalate with the US and European...
Global family offices eye greater investment into Asia-Pacific, artificial intelligence: UBS
OVER a third of single-family offices across the world are planning to increase their investments into Asia-Pacific (Apac) – excluding the Greater China region – in the next five...
Microsoft promotes new tools for making AI software
MICROSOFT talked up new tools on Tuesday (May 21) aimed at encouraging programmers to build AI-focused technology into Windows software as it races against Alphabet, Amazon.com and Apple to...
US: Stocks end slightly higher after Fed comments, ahead of Nvidia