Asia
Asia looks to buy more US fossil fuels to make Trump happy – The Business Times
ASIAN fossil fuel buyers looking to appease incoming US president Donald Trump have come to the same conclusion: buy more American oil and gas.The re-elected populist leader has threatened...
Asia private credit funding hits eight-year low on China slump – The Business Times
ASIA’S private credit market faces diverse challenges in 2025 after fundraising dropped to an eight-year low and concerns over China’s ailing growth hit sentiment.Fundraising of Asia Pacific-focused private debt...
Goldman rakes in record wealth revenue from ultra-rich in Asia
GOLDMAN Sachs’s revenue from its Asia-Pacific wealth unit hit a record last year as ultra-rich clients turned to the bank to navigate volatile markets and political tension, according to...
Grab partners BYD to expand electric vehicle fleet offering across South-east Asia
GRAB is teaming up with Chinese carmaker BYD to provide up to 50,000 BYD electric vehicles (EVs) to its driver-partners across South-east Asia. The collaboration is expected to boost...
Asia: Markets mixed as traders eye US inflation data, earnings
ASIAN markets diverged on Tuesday (Jan 14) as bargain buying after recent losses played against ongoing worries about the outlook for the global economy and the impact of a...
Regency Steel Asia chairman fined S$350,000 for false trading of Hiap Hoe, Hotel Grand Central shares
THE Monetary Authority of Singapore (MAS) imposed a civil penalty of S$350,000 on Gui Boon Sui for conducting false and unauthorised trading of shares in Hiap Hoe and Hotel...
Macquarie investing arm hires Gabriel Ho for South-east Asia push
MACQUARIE Group has hired a new managing director as part of a push in South-east Asia for the firm’s investing arm.Macquarie Asset Management appointed Gabriel Ho to expand its...
Prospects for South-east Asia telcos may soften in 2025, but non-core operations could be monetised
Maybank analysts predict 3% year-on-year rise in sector’s mobile and fixed revenue, down from 4% in 2024SOUTH-EAST Asian telcos have outperformed their global counterparts in 2024, but their prospects...
