Entrepreneurship
Digital token service providers to mainly serve Singapore-based customers: MAS
The bar for licensing is high and it will generally not issue one, the regulator notes[SINGAPORE] Digital token service providers (DTSP) will not be able to serve only overseas...
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
[MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio...
Cordlife collection rates still under pre-incident levels, but resumed Singapore operations are ‘encouraging’
[SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates have not...
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
[SINGAPORE] Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg.
The sovereign wealth fund is said to be in...
HSBC’s Mark Tucker moves to Hong Kong insurer AIA as chairman
Published Fri, Jun 6, 2025 · 09:17 AMMARK Tucker, HSBC’s former Asia chairman, has been appointed to the same role at Hong Kong-based insurance company AIA Group, the two...
Lululemon plunges with growth plans threatened by Trump tariffs
LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing the company’s ambitious growth plans.The retailer is projecting sales in the...
Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust, Fu Yu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 6).OCBC: The bank’s insurer, Great Eastern, seeks to delist through OCBC exit...
Oil settles up as US, China teams to meet following Trump, Xi trade call
[HOUSTON] Oil prices settled higher on Thursday, recovering from the previous day’s drop, on news that the US and China agreed to more trade talks following a phone call between...
Europe: Shares inch up as Lagarde’s remarks offset ECB rate cut
EUROPEAN equities see-sawed on Thursday, ultimately eking out gains after the European Central Bank’s President Christine Lagarde’s more hawkish commentary overshadowed a widely expected rate cut.The pan-European Stoxx 600, which was initially in...
Breaking Free from the People-Pleasing Trap
Growing up as the fat kid who would do anything to fit in shaped my identity in ways I never fully understood until much later in life. This early...
