Entrepreneurship
Japan’s NTT plans to take NTT Data private for US$16.4 billion
It would launch a tender offer for NTT Data at 4,000 yen (S$35.91) per share, representing a 34% premium from Wednesday’s closing pricePublished Thu, May 8, 2025 · 03:48...
Bank Negara Malaysia holds rate at 3% amid output growth, flags tariff risks
[KUALA LUMPUR] Malaysia’s central bank kept its key interest rate steady at 3 per cent on Thursday (May 8), opting for policy stability amid resilient domestic demand and a...
Maersk cuts global container market outlook on tariff war
Maersk sees global container volume market in the range of 1% decline to growth of 4% this yearPublished Thu, May 8, 2025 · 03:18 PM[COPENHAGEN] AP Moller-Maersk, the Danish...
Toyota sees US$1.3 billion profit hit in two months on tariffs
[TOKYO] Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two months, with the Japanese...
DBS loan demand to remain strong in H1, full-year growth likely at 5 to 6%: CEO Tan Su Shan
[SINGAPORE] DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war...
Chinese automakers crank up sales of cars with combustion engines in Europe
[LONDON] Chinese electric vehicles (EVs) are losing momentum in Europe, but the nation’s automakers are selling more cars than ever in the region by throttling up deliveries of hybrids...
Asia: Stocks rise further on growing trade deal hopes
[HONG KONG] Asian stocks extended their rally on Thursday on hopes for an easing of trade war tensions as China and the United States prepare for weekend talks and...
Bank of Japan split over how US policies impact rate hikes: March minutes
Published Thu, May 8, 2025 · 09:30 AM[TOKYO] Bank of Japan policymakers were divided in March over how soon the central bank should raise interest rates again as uncertainty...
Blackstone, Vanguard, Wellington to launch private markets fund
Traditional asset managers have been seeking ways to move beyond stock and bond funds into higher-margin businesses, including private equity and private creditPublished Thu, May 8, 2025 · 08:52...
ANZ’s H1 cash earnings largely flat, margins stay pressured
Published Thu, May 8, 2025 · 08:45 AMAUSTRALIA’S ANZ Group reported largely flat first-half cash earnings on Thursday (May 8), as persistent competition in the home loan market and a rise...
