Leadership
GXS Bank CEO to retire, GX Bank CEO to take over
[SINGAPORE] GXS Bank has announced that chief executive Muthukrishnan Ramaswami will be retiring on May 31.His successor will be Lai Pei-Si, CEO of GX Bank, the Malaysian arm of...
Sony sees 100 billion yen tariff hit in underwhelming outlook
Even without the levies, the company’s projection falls shy of the average analyst estimate of 1.5 trillion yen and is essentially flat compared to the year concluded in March...
Frasers Property offers to privatise FHT for S$0.71 per stapled security
[SINGAPORE] Frasers Hospitality Asset Management, as the manager of Frasers Hospitality Trust (FHT), announced on Wednesday (May 14) the proposed privatisation of the stapled securities group for S$0.71 per...
Taiwan regulator probes firms for pressuring staff to sell ETFs
Published Wed, May 14, 2025 · 11:19 AM[TAIPEI] Taiwan’s financial regulator is probing 20 financial institutions over how they pushed staff to sell exchange-traded fund (ETF) products, the latest...
VietJet set for financial reckoning as court denies payment stay
[HONG KONG] A London High Court has refused VietJet Aviation’s application for a stay and ruled the Vietnamese carrier must pay around US$180 million to an aircraft leasing firm...
US warns that using Huawei AI chip ‘anywhere’ breaks its rules
Commerce’s guidance stands to make it all the more difficult for the Shenzhen-based company to fulfil its ambitions of developing more powerful chips for artificial intelligence and smartphonesPublished Wed,...
United Hampshire US Reit posts 1.4% lower Q1 distributable income at US$6.3 million
[SINGAPORE] United Hampshire US Reit’s distributable income for the first quarter ended Mar 31 declined 1.4 per cent to US$6.3 million, from US$6.4 million in the previous corresponding period.The...
Trump’s Middle East visit opens floodgate of AI deals led by Nvidia
[WASHINGTON] The Trump administration is clearing a path for two key Persian Gulf allies to pursue their artificial intelligence (AI) ambitions – and some of the biggest US tech...
