Sources
Insurer Income sets up new financial advisory unit and is ‘actively recruiting’: sources
HOME-GROWN insurer Income Insurance is taking a stab at a new business model as it looks at ways to grow its topline by expanding its distribution abilities, The Straits...
Chinese authorities are considering a weaker yuan as Trump trade risks loom: sources
CHINA’S top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US trade tariffs as Donald Trump returns to the White...
China regulators tell banks to expedite offshore company listings: sources
REGULATORS in mainland China and Hong Kong have told some of the world’s biggest investment banks to help speed up Chinese companies’ listings in the city, said sources, in...
Trump may cancel US Postal Service electric mail truck contract: sources
DONALD Trump’s transition team is considering cancelling the US Postal Service’s (USPS) contracts to electrify its delivery fleet, as part of a broader suite of executive orders targeting electric...
Goldman explores possible sale of ETF client platform: sources
GOLDMAN Sachs is exploring options, including a potential sale, of its ETF Accelerator platform which helps the bank’s institutional clients launch their own exchange-traded funds (ETFs), two sources familiar...
ESR buyout group close to making US$7 billion binding bid: sources
A consortium seeking to buy out Hong Kong-listed ESR Group is nearing a HK$13-a-share binding offer for the logistics real estate firm, people familiar with the matter said, a...
Mitsubishi Corp lost US$90 million in suspected China metal fraud, say sources
MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper traders, according to sources familiar with the...
Intel’s CEO-shortlist candidates include former board member Lip-Bu Tan: sources
INTEL has started shortlisting a handful of candidates, including former board member Lip-Bu Tan, for the role of chief executive after the struggling American chipmaker ousted company veteran Pat...
