Leadership
Former PBOC deputy governor Liu Guiping to head Bank of China: sources
Published Thu, May 22, 2025 · 12:31 PM[BEIJING] China will appoint financial veteran Liu Guiping as chairman of Bank of China, the nation’s fourth largest state-owned bank, two sources...
Gold rises as investors grow cautious amid US debt fears
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in OctoberPublished Thu, May 22, 2025 · 09:30 AM[BENGALURU]...
Singtel returns to the black with S$2.8 billion H2 profit on exceptional gain, unveils S$2 billion buyback programme
[SINGAPORE] Singapore Telecommunications (Singtel) returned to the black with a net profit of S$2.8 billion for its second half ended March 2025, compared with a net loss of S$1.3...
Nike to raise prices by next week, to return to selling on Amazon, media reports say
NIKE is set to raise prices on several of its products starting next week and will also return to selling its products at online retail giant Amazon, according to...
US LNG loses ground in Asia as tariffs, politics stall Alaska megaproject
[SINGAPORE] Asian energy buyers are rethinking their long-term bets on US liquefied natural gas (LNG) – increasingly seen as a geopolitical lever – as tariffs, political risk and volatile...
Oil prices fall on news that US-Iran will hold nuclear talks
[NEW YORK] Oil prices settled lower on Wednesday, after Oman’s foreign minister said a fresh round of nuclear talks between Iran and the US would take place later this week.Prices...
Walmart eliminates about 1,500 jobs on technology team
The company has about 1.6 million US employees, making it the largest private employer in the countryPublished Thu, May 22, 2025 · 06:24 AM[CHICAGO] Walmart is cutting corporate staff...
CapitaLand Ascott Trust prices S$260 million of perpetuals at 4.2%
HOSPITALITY player CapitaLand Ascott Trust (Clas) has priced S$260 million in perpetual securities at 4.2 per cent, it announced on Wednesday (May 21).The issuance is expected to be on...
