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UK inks investment deals on £38 billion Sizewell C nuclear plant
[LONDON] The UK announced final approval for the Sizewell C nuclear power plant after securing private investment in the £38 billion (S$65.7 billion) project that will help advance the...
Thailand’s tourism slump and household debt weigh on its lenders
[BANGKOK] Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk dampening their outlook for the rest of the year. The...
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
[SINGAPORE] HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia, Australia, and international markets.These include Joanne Ng,...
Wing Tai unveils Hong Kong CBD mixed-use development joint venture with CSI Properties
[SINGAPORE] Real estate developer Wing Tai announced its joint venture with Hong Kong-listed CSI Properties, a mixed-use development in the Hong Kong central business district set to be complete...
Jeju Air crash families denounce report blaming pilot error
[SEOUL] The families of victims of South Korea’s deadliest plane crash on home soil have denounced a government report which blamed the disaster on pilot error, a representative told...
Bank of England considers shelving plans for a digital pound
[LONDON] Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism over the project’s benefits, the latest...
Link CEO George Hongchoy to retire after 16 years at company
He plans to step down before June 2026; Link is the largest Reit in Asia and manages a HK$226 billion portfolio[SINGAPORE] The group CEO of Link Asset Management Ltd,...
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
[HONG KONG] China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and is requesting a powerful role in...
Asia: Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
[HONG KONG] Asian markets were mixed on Thursday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a...
China’s overcapacity drive faces stubborn oil-refiner revival
[BEIJING] China’s oil refining sector is once again showing its knack for survival just as Beijing seeks to tackle industrial overcapacity.Of three small refiners in Shandong province that went...
First ETF to track China index through Singdollar-hedged fund class launches on SGX
[SINGAPORE] The Amova E Fund ChiNext Index exchange-traded fund (ETF) was on Tuesday (Jul 22) listed on the Shenzhen Stock Exchange-Singapore Exchange (SZSE-SGX) ETF Link, to give investors a new way to access...
SoftBank and OpenAI’s Stargate aims building small data centre by year-end: WSJ
Published Tue, Jul 22, 2025 · 09:46 AMSTARGATE, a multi-billion-dollar effort by ChatGPT’s creator OpenAI, SoftBank and Oracle to supercharge the US’ AI ambitions is now setting the more...