Lifestyle
UBS faces tough new Swiss banking sector rules
[BERN] The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold US$26 billion more in core...
Stonepeak said to be in exclusive talks for RM9 billion buyout of Yinson
Published Fri, Jun 6, 2025 · 08:30 PMSTONEPEAK Partners is in exclusive talks for a buyout of Yinson Holdings that may value the firm at as much as RM9...
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
[SINGAPORE] Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing workforce over the next two...
Hello Kitty owner overtakes Toyota in stock turnover
Shares of Sanrio, which was added to MSCI’s Japan index last month, jumped 12% in MayPublished Fri, Jun 6, 2025 · 05:45 PM[TOKYO] Hello Kitty owner Sanrio surpassed Japan’s...
Japan curry shops see record bankruptcies as rice prices soar
Thirteen curry shops with more than 10 million yen (S$89,345) in debt filed for bankruptcy in the year ending in MarchPublished Fri, Jun 6, 2025 · 03:27 PM[TOKYO] A...
Container shipping rates soar, impact on shippers outside China felt
[SINGAPORE] Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and front-loading as shippers rush to beat...
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
[MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio...
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
[SINGAPORE] Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg.
The sovereign wealth fund is said to be in...
