Leadership
New Thai finance chief wants monetary, fiscal policies aligned
THAILAND’S new Finance Minister Pichai Chunhavajira has urged the central bank to support government policies in sign that he will bat for lower interest rates just like his predecessor,...
Swiss-Asia Financial Services fined S$2.5 million for breaches of anti-money laundering rules
WEALTH and fund management company Swiss-Asia Financial Services (SAFS) was issued a composition penalty of S$2.5 million for breaching the Monetary Authority of Singapore’s (MAS) anti-money laundering and countering...
Singapore-based Princeton Digital gets green loan for US$1.5 billion Asia AI hub
PRINCETON Digital Group secured a US$280 million green loan to help finance a US$1.5 billion data centre it’s building in southern Malaysia, a first for the Asian infrastructure operator...
European oil giants consider shifting their listings to the US
TWO European energy giants, TotalEnergies of France and Shell of Britain, are considering moving their stock listings to New York, as pressure mounts for them to improve their valuations,...
ExxonMobil sees Hess arbitration dragging into 2025, CEO says
US ENERGY major ExxonMobil’s arbitration case that could block Chevron’s purchase of Hess will extend into 2025, ExxonMobil CEO Darren Woods said in an interview on CNBC on Monday (May...
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
SINGAPORE stocks entered Tuesday (May 7) morning slightly stronger following overnight gains on Wall Street and Europe brought about by optimism over potential rate cuts by central banks. US...
Stocks to watch: FLCT, Paragon Reit, AA Reit, Lendlease Global Reit, Far East Orchard, SIA
THE following companies saw new developments that may affect trading of their securities on Tuesday (May 7):Frasers Logistics & Commercial Trust : BUOU 0% (FLCT): Its distribution per unit...
JPMorgan sees gain of about US$8 billion from Visa exchange offer
JPMORGAN Chase & Co said it expects to book an US$8 billion accounting gain after completing its part of a deal with Visa letting big banks restructure their stakes...
