Leadership
Consortium led by Gear seeks private credit for mine deal: sources
A CONSORTIUM led by Golden Energy and Resources (Gear) is sounding out private credit funds and banks to gauge interest in financing its US$1.65 billion acquisition of a coal...
ANZ CEO looks for India, China growth as customer focus shifts
ANZ Group Holdings chief executive officer Shayne Elliott aims to grow the firm’s presence in India and Vietnam as well as in China as his clients require the bank’s...
Sumitomo Life completes Singlife acquisition following regulatory approval
SINGAPORE Life Holdings (Singlife) on Monday (Mar 18) said it has become a fully owned subsidiary of Japanese life insurer Sumitomo Life. The move comes after regulators in Singapore...
Apple in talks to let Google’s Gemini power iPhone AI features: sources
APPLE is in talks to build Google’s Gemini artificial intelligence (AI) engine into the iPhone, Bloomberg News reported on Monday (Mar 18), citing people familiar with the situation. Apple...
Asia: Trade cautious ahead of key rate decisions
TRADERS in Asia were cautious on Monday after US shares receded, and as anticipation builds for the Bank of Japan to finally ditch its negative interest rate. Dampened hopes...
Binance CEO Teng sees Bitcoin topping US$80,000 on ETF inflows
BITCOIN is set to continue its record-breaking rally and rise above US$80,000 as institutional investors pour more money into the crypto-backed exchange-traded funds (ETFs), according to Binance chief executive...
UCars lays off staff, replaces CEO after being served legal notice for debts
BARELY five years after it started in mid-2019, a car portal set up to challenge incumbent sgCarMart is skidding towards an uncertain future. UCars has been served a notice...