Leadership

US dollar close to multi-year lows vs euro, Swiss franc as Trump attacks the Fed
US dollar close to multi-year lows vs euro, Swiss franc as Trump attacks the Fed
April 22, 2025
[LONDON] The greenback dropped against the yen and hovered around multi-year lows versus the euro and the Swiss franc on Tuesday (Apr 22) as President Donald Trump’s attacks on...
Apple iPhone prices could spike as much as 7% in this tariff scenario, Citi estimates
Apple iPhone prices could spike as much as 7% in this tariff scenario, Citi estimates
April 22, 2025
[SINGAPORE] Apple iPhones could get more expensive on any upcoming US tariffs as the tech giant passes on costs to consumers, said a Citi report.“We estimate (that) the iPhone...
Paragon Reit unitholders give nod to privatisation offer
Paragon Reit unitholders give nod to privatisation offer
April 22, 2025
[SINGAPORE] Unitholders of Paragon Real Estate Investment Trust (Reit) approved the scheme resolution proposed by Cuscaden Peak’s Times Properties to take the trust private. Its delisting is expected on...
The yen strengthens past 140 per dollar for the first time since September
The yen strengthens past 140 per dollar for the first time since September
April 22, 2025
[TOKYO] The yen advanced past the psychological level of 140 against the US dollar as investors sought alternatives to the greenback amid increasing risks for US assets. With the...
UBS resets India strategy with 360 ONE deal
UBS resets India strategy with 360 ONE deal
April 22, 2025
[HONG KONG/BENGALURU] UBS said on Tuesday (Apr 22) that it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5 per cent,...
Air India keen to take Boeing jets refused by China airlines
Air India keen to take Boeing jets refused by China airlines
April 22, 2025
[NEW DELHI] Air India is looking to take Boeing planes rejected by Chinese carriers, sources familiar with the matter said, joining the ranks of Asian airlines vying to benefit...
Metals billionaire Anil Agarwal seeks mining reboot amid debt overhaul, Saudi push
Metals billionaire Anil Agarwal seeks mining reboot amid debt overhaul, Saudi push
April 22, 2025
[DUBAI] Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move aimed at trimming the group’s US$11 billion debt pile...
Keppel Infrastructure Trust posts 27.7% higher Q1 distributable income of S million ahead of GMG acquisition
Keppel Infrastructure Trust posts 27.7% higher Q1 distributable income of S$65 million ahead of GMG acquisition
April 22, 2025
[SINGAPORE] Keppel Infrastructure Trust (KIT) on Tuesday (Apr 22) reported a jump in distributable income of 27.7 per cent to S$65 million, from S$50.9 million in the previous corresponding...
Google paid Samsung ‘enormous sums’ for Gemini AI app installs
Google paid Samsung ‘enormous sums’ for Gemini AI app installs
April 21, 2025
Published Tue, Apr 22, 2025 · 07:47 AM[WASHINGTON] Alphabet pays Samsung Electronics an “enormous sum of money” every month to preinstall Google generative artificial intelligence (AI) app, Gemini, on...
Japan’s Nomura to buy Macquarie’s US, European asset management units for A.8 billion
Japan’s Nomura to buy Macquarie’s US, European asset management units for A$2.8 billion
April 21, 2025
[BENGALURU] Japanese investment bank Nomura will acquire Macquarie Group’s public asset management operations in the United States and Europe for A$2.8 billion (S$2.3 billion), the companies said on Tuesday...