Leadership
GXS acquires fintech Validus’ Singapore business to boost business banking offerings
[SINGAPORE] GXS Bank announced on Monday (Apr 14) that it has acquired digital lending platform Validus Investment’s Singapore business.The all-cash transaction is expected to be completed by Apr 15....
Goldman cuts targets on China stocks for second time this month
The firm has long been bullish, often going against the tide during the market’s multiyear slump[TOKYO] Strategists at Goldman Sachs cut their targets for key Chinese stock indexes for...
Companies getting ‘a bit tired’ of tariff chaos, DHL CEO says
[HONG KONG] Fatigue is setting in among companies and manufacturers trying to navigate US President Donald Trump’s whipsawing tariff moves, according to DHL Group chief executive officer Tobias Meyer.Meyer,...
UK rushes to find materials to keep British Steel plant running
[LONDON] UK officials are rushing to secure the raw materials needed to keep Britain’s last primary steel manufacturer running, with other businesses offering to provide help.The government said on...
China credit expansion beats forecast on bond sale deluge
[NEW YORK] China’s credit expanded more than expected in March as the government accelerated bond offerings to help the economy offset the impact of surging US tariffs on Chinese...
Non-China sea cargo shippers to U-turn on aborted bookings amid US tariff pause: analysts
[SINGAPORE] The dramatic turnaround in US President Donald Trump’s stance on his reciprocal tariffs – he paused steep individualised tariffs on dozens of trading partners for 90 days –...
Impact of Trump’s tariffs, interest costs in focus as S-Reits report Q1 earnings
[SINGAPORE] Market watchers will be looking for managers of Singapore-listed real estate investment trusts (S-Reits) to shed light on their strategies to address the impact of potential US tariffs...
Not just another wing: MBS’ new US$8 billion expansion project will have its own brand and luxury experiences
[SINGAPORE] In a couple of months’ time, construction will begin on Marina Bay Sands’ (MBS) expansion project – a new ultra-luxury resort destination that will be built at an...
