News
JPMorgan moves over 30 China quant researchers to Singapore, HK
The US bank has moved about 25 to 30 staff from Beijing and Shanghai to Singapore, sources sayPublished Fri, Jul 24, 2026 · 02:36 PM[SINGAPORE] JPMorgan Chase moved more...
UOB targets fivefold growth in Hong Kong private bank AUM by 2030
It also plans to treble its client adviser ranks to about 60, as the Singapore lender seeks to capture rising wealth flows between China and Asean[SINGAPORE] UOB is targeting...
Indian central bank likely steps in to avert rupee record low as oil surges, traders say
Published Fri, Jul 24, 2026 · 12:29 PM[MUMBAI] The Reserve Bank of India likely intervened in the foreign exchange market on Friday (Jul 24), three traders told Reuters, as...
OCBC, Asset World Corp ink pact with US$200 million sustainability-linked loan
It will help support AWC’s ‘growth-led strategy across its hospitality, commercial and lifestyle destination portfolio’[SINGAPORE] OCBC and Thai integrated lifestyle real estate group Asset World Corp (AWC) have partnered...
‘Asia will be the growth engine’: FedEx’s Salil Chari on riding the AI boom
Global logistics is in a volatile era but this has not derailed his focus on regional high-value tradeThe strategies and stories that shape today’s leaders[SINGAPORE] FedEx’s Asia-Pacific regional president...
Asian stocks fall on tech sell-off, Brent trades above US$100
The MSCI Asia-Pacific Index declines 0.8% after gauges in Japan, South Korea and Australia slipPublished Fri, Jul 24, 2026 · 09:32 AMSTOCKS in Asia fell after a technology-led sell-off...
Gold holds decline as oil tops US$100, raising US rate-hike bets
Rising energy prices increase the possibility that the US Fed will raise interest ratesPublished Fri, Jul 24, 2026 · 08:34 AM — Updated Fri, Jul 24, 2026 · 08:37...
Asian, European buyers in hot pursuit of US crude as wars escalate
The commodity sees high demand, with May American oil exports at a record 5.66 million barrels a dayPublished Fri, Jul 24, 2026 · 07:54 AMAN UPTICK in Asian and...
US warns against excessive yen volatility, calls for BOJ rate hikes
Published Fri, Jul 24, 2026 · 06:49 AM[TOKYO] The US Treasury Department said yen weakness has persisted despite the narrowing of US-Japan interest rate differentials, warning excess volatility in...
US stocks: Wall Street falls as tech earnings spark AI spending worries and oil hits US$100
Published Fri, Jul 24, 2026 · 06:15 AMWALL Street indexes closed lower on Thursday (Jul 23) with Nasdaq sinking more than 2 per cent as the latest earnings updates...
GIC bullish on AI but warns of capital concentration as ‘largest market risk’
It is also optimistic on renewable power for data centres, transmission infrastructure[SINGAPORE] Singapore sovereign wealth fund GIC is upbeat on the strategic opportunities that artificial intelligence offers, but cautioned...
Commentary: AI companies are creating ‘all-powerful psychopaths.’ Maybe not a great idea?