Fashion
US: Wall St opens mixed after Trump’s tax Bill narrowly clears House test
Published Thu, May 22, 2025 · 09:47 PM[NEW YORK] Wall Street’s main indexes opened mixed on Thursday (May 22) after the US House of Representatives passed President Donald Trump’s...
Xiaomi billionaire touts SUV, Chinese chip in tech showcase
[BEIJING] Xiaomi’s billionaire founder outlined plans for its first SUV and top-end gadgets with self-developed mobile chips, showcasing ambitions to expand its technology portfolio and move past a much-publicised...
Rajeev Mittal appointed CEO of Prudential’s asset management arm
[SINGAPORE] Rajeev Mittal will lead Prudential’s asset management business, Eastspring Investments, from Jul 1. He will replace Bill Maldonado, who will retire and return to the United Kingdom where...
Apac family offices favour developed market equities, bonds: UBS report
[SINGAPORE] Family offices (FOs) in the Asia-Pacific favoured equities and bonds from developed markets in 2024 and plan to increase their strategic allocations into these asset classes in 2025,...
Changi Airport Group full-year net profit doubles to S$841 million
[SINGAPORE] Changi Airport Group (CAG) saw its net profit almost double to S$841 million for the full year ended Mar 31, up from S$431 million in the year-ago period.The...
Citi launches AI tools for Hong Kong employees
Published Thu, May 22, 2025 · 01:34 PMCITIGROUP has launched Citi AI, a suite of artificial intelligence (AI) tools for its employees in Hong Kong, the bank said on...
Former PBOC deputy governor Liu Guiping to head Bank of China: sources
Published Thu, May 22, 2025 · 12:31 PM[BEIJING] China will appoint financial veteran Liu Guiping as chairman of Bank of China, the nation’s fourth largest state-owned bank, two sources...
JPMorgan sees broad-based recovery, more interest in China
Wall Street firms have overall pulled back from the world’s second-largest economy, with their combined exposure, which includes lending, trading and investments, slumping by about a fifthPublished Thu, May...
Bank of Japan should step in only in a ‘severe’ bond market rout, policymaker says
Published Thu, May 22, 2025 · 11:05 AM[TOKYO] The Bank of Japan does not need to make big changes to its bond taper plan and should only ramp up...
Singtel jumps 2.6% on S$0.10 per share dividend, S$2 billion share buyback plan
Singtel has returned to the black with S$2.8 billion net profit for its second half[SINGAPORE] Shares of Singtel rose on Thursday (May 22) morning after the telco giant announced...
