Leadership
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
[SINGAPORE] Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings prospects, and...
Australian dollar out of gas as economy sputters
[SYDNEY] The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers that interest rates will have to be cut...
Virgin Australia seeks to raise US$442.8 million in IPO, term sheet shows
Published Wed, Jun 4, 2025 · 10:24 AMBAIN Capital-owned Virgin Australia is looking to raise A$685 million (S$442.7 million) in an initial public offering, according to a term sheet seen...
Japfa to delist from SGX on Jun 6
The agri-food company said privatisation would provide the offerors and management with greater flexibility to manage and grow the existing business [SINGAPORE] The agri-food company Japfa will be delisted...
Top scientist wants to prevent AI from going rogue
[NEW YORK] Concerned about the rapid spread of generative AI, a pioneer researcher is developing software to keep tabs on a technology that is increasingly taking over human tasks.Canadian...
US efforts to boost crop sales to Asia bear fruit in Vietnam
[SINGAPORE] US efforts to increase exports of agricultural products to Asia, excluding China, look to be bearing fruit, with Vietnam pledging to buy more American goods to strengthen trade...
US farm sentiment at four-year high as Trump seeks trade deals
[CHICAGO] American farmer sentiment jumped to a four-year high, with growers betting on rising crop exports as the Trump administration pushes for more trade deals from Vietnam to Italy....
Oil climbs 2% to two-week high on geopolitical tensions
[NEW YORK] Oil prices climbed about 2 per cent on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the US and Iran looked set...
