Business
MAS proposes to improve complex product labelling and disclosures for investors
Investors in Singapore may soon gain clearer disclosures and improved guidance for complex products, following the implementation of…
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Business
Business
No compulsory financial advice needed for most retail investors under proposed MAS changes
Retail investors may soon be able to invest in products that are deemed complex without seeking the now-mandatory financial advice, even…
Business
The Platform Making Fine Wine and Spirits Easier to Collect Than Ever Before
Collecting fine wine and rare spirits has traditionally required industry knowledge, access to exclusive networks, and a willingness to…
Business
Two Chinese chip firms plan 12 billion yuan IPOs, bet US export curbs to spur growth
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public…
Business
Prudential commences third tranche of US$2 billion share buyback scheme
Asia-focused insurer Prudential on Tuesday (Jul 1) announced the commencement of the third and final tranche of its US$2 billion share…
Business
British Investor Cites Legal Ordeal in Kenya as Case Study in Institutional Vulnerability
[LONDON, June 17, 2025] – The experience of British entrepreneur Keith Beekmeyer in Kenya's insurance sector has resurfaced amid national…
Business
Chip-design firm SkyeChip is close to a Malaysian IPO, CEO says
Malaysian semiconductor designer SkyeChip is “close” to an initial public offering after posting consecutive years of revenue and profit…
Business
From banks to tech: Job cuts and layoffs for 2025
In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and…
Business
From banks to tech: Microsoft latest to announce job cuts, layoffs for 2025
In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and…
Business
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have initiated legal proceedings against…
Business
Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development Berhad — Liquidators seeking to recoup…
Business
Standard Chartered faces US$2.7 billion lawsuit over alleged role in 1MDB fraud; bank ‘emphatically rejects’ claims
Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have…
Business
China raises quota for foreign investment, ending 13-month pause
The QDII programme allows local institutional investors who meet certain conditions to buy foreign securities, bonds, and commodities…
Business
Landmark EU tech rules holding back innovation, Google says
Alphabet’s Google will on Tuesday warn EU antitrust regulators and its critics that landmark European Union rules aimed at reining in Big…
Business
Chinese automakers grab record hybrid market share in Europe
Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the…
Business
Chinese money fires up Hong Kong shares
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in…
Business
Max-Hervé George: From French Prodigy to Architect of a €10 Billion Investment Platform
At 36 years old, Metz-born Max-Hervé George already straddles two worlds many financiers never bridge: the gilded circles of luxury…
Business
Asia: Stocks rise on trade deal hopes, Tokyo hit by tariff warning
Asian stocks rose on Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened…
Business
Three senior Mizuho FX/rates traders exit in Singapore, London
Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to…
Business
KKR starts financial advisory platform to widen choices for Singapore consumers
Global asset manager KKR has started a platform for financial advisory (FA) firms that will give customer more choices. Launched on…
Business
PwC Singapore appoints 11 new partners across different practices
PwC Singapore has named 11 new partners across its assurance, tax, deals and consulting practices, as the accounting firm responds to…
Business
Shell-led LNG Canada ships first cargo to meet Asian demand
Shell has started exports from Canada’s first liquefied natural gas (LNG) project, helping to meet rising Asian demand and extending its…
Business
South Korea wealth fund to boost bets on AI startups, eyes China tech
South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader…
Business
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to…