Leadership
CATL to launch at least US$4 billion Hong Kong listing on Monday: sources
[HONG KONG] Chinese battery maker CATL is launching its Hong Kong public offering on Monday (May 12), aiming to raise at least US$4 billion at about a 5 per...
London bankers scour market for IPO reboot after Shein stalls
[LONDON] London bankers and investors are pinning their hopes on a handful of candidates to get initial public offering (IPO) activity off the ground after the much-anticipated listing of...
US projected to hit debt limit in August: Treasury chief
Published Sat, May 10, 2025 · 06:40 AM[WASHINGTON] There is a “reasonable probability” the United States will hit its borrowing limit in August when Congress is in recess, Treasury...
StarHub Q1 profit falls 18.4% to S$31.8 million
[SINGAPORE] Telco StarHub on Friday (May 9) reported profit of S$31.8 million for the first quarter ended Mar 31, 2025, sliding 18.4 per cent from S$38.9 million in the...
Analysts raise price targets on DBS after Q1 earnings
[SINGAPORE] Analysts raised price targets for shares of DBS, following its first quarter results release on Thursday (May 8).The bank’s net profit at S$2.9 billion for the three months...
OCBC mulls capital management as it closes in on three-year target for S$3 billion incremental revenue
[SINGAPORE] As OCBC reaches the deadline for its three-year target to achieve S$3 billion in incremental revenue by 2025, it is setting its sights on staying resilient in an...
First-order impact of trade tariffs affect about 3% of OCBC’s loan book; portfolio remains ‘resilient’
[SINGAPORE] Current trade tariffs are expected to have a “first-order impact” on 3 per cent of OCBC’s loan book, group chief financial officer Goh Chin Yee said at the...
From Apple to GM, tariffs to cost companies tens of billions
[SAN FRANCISCO] From Apple to General Motors (GM), corporate America is bracing for tens of billions of US dollars in damages from Trump’s trade war – and that’s before...
