Entrepreneurship
Barclays cuts more than 200 investment bank jobs to reduce costs
[LONDON] Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS Venkatakrishnan’s plan to boost...
Asia healthcare assets risk overvaluation as private investors scoop them up
[SINGAPORE] As private equity (PE) investors pour money into Asian healthcare, some observers are concerned that this sector could soon overheat. Some recent deals this year include KKR’s US$400...
Doing away with SGX watch list may help the firms focus more on the long term: market watchers
[SINGAPORE] The proposed removal of Singapore Exchange’s (SGX) financial watch list could benefit companies by allowing them to focus on business growth without the burden of public stigma.“This shift...
Singapore stocks close Monday higher ahead of US-China talks; STI up 0.1%
[SINGAPORE] Local stocks rose on Monday (Jun 9), in line with gains in Asian markets on hopes that a fresh round of US-China trade talks will ease tensions. Investors...
Hong Kong to maintain US dollar peg despite geopolitical tensions
Published Mon, Jun 9, 2025 · 03:02 PM[SHANGHAI] Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on...
Income Insurance chairman Ronald Ong to retire from role after seven years at helm
[SINGAPORE] Income Insurance chairman Ronald Ong,69, will retire from his role after seven years at the helm, the company announced on Monday (Jun 9).The board has begun a succession...
Asia: Markets rally ahead of latest China-US trade talks
[HONG KONG] Stocks rallied on Monday (Jun 9) on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the economic superpowers,...
Japan confirms GDP contraction, backing Bank of Japan’s cautious stance
[TOKYO] Japan’s economy contracted in the first quarter, a revised estimate confirmed on Monday (Jun 9), weakness that supports the Bank of Japan’s (BOJ) cautious stance and keeps political...
China says it may speed up rare earths application approvals from EU
[SHANGHAI] China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of...
‘Very clever’; ‘lost confidence’: Shareholders react to OCBC’s latest exit offer for Great Eastern
[SINGAPORE] OCBC on Friday (Jun 6) made a conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in...
Private assets giant Brookfield expects alternative investments to replace public markets in 25 years
[SINGAPORE] Bruce Flatt, the billionaire chief executive officer of Toronto-based Brookfield, is understandably bullish on the prospects of alternative investments. The Canadian investment giant has, after all, amassed more than...
