News
Private-hire group urges Grab to delay bonus revamp, over fears that drivers’ earnings will be hurt
[SINGAPORE] The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is “particularly concerned” about the impact on drivers’...
Nomura CEO’s pay more than doubles after profit hits record
[TOKYO] Nomura Holdings more than doubled Kentaro Okuda’s pay last year, rewarding the chief executive officer for guiding Japan’s largest brokerage to a record annual profit.
Okuda’s compensation rose...
TrueMoney stands out in Thailand’s virtual banking shake-up after licence win
[BANGKOK] Thailand is shaking up its sleepy banking sector. The Thai Finance Ministry’s decision to grant virtual bank licences to three consortiums on Jun 19 is set to inject fresh...
Montage is said to hire banks for US$1 billion Hong Kong listing
The US has been trying to curb Beijing’s ambitions to build a domestic semiconductor industry,Published Mon, Jun 23, 2025 · 11:27 AM[HONG KONG] Chinese chip designer Montage Technology has...
Changi Airport Group exploring possible new flights to Semarang, Palembang, Belitung in Indonesia
[SINGAPORE] There could potentially be new flight connections between Singapore and three Indonesian destinations – Semarang in Central Java, Palembang in South Sumatra and Belitung Island off the east...
Gold rises as investors seek safe havens amid Middle East conflict fears
[BENGALURU] Gold prices inched higher on Monday (Jun 23) as investors turned to safe-haven assets amid growing fears of a broader Middle East conflict, with markets closely watching for...
Stocks to watch: OCBC, Fu Yu, Keppel Infrastructure Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 23): OCBC: The lender has committed more than RM11 billion (S$3.3 billion)...
US attack on Iran: Market reaction muted, but brace for more volatility ahead, say analysts
[SINGAPORE] Markets reacted in a more muted manner than expected on Monday (Jun 23) after the US launched strikes against three nuclear facilities in Iran over the weekend.But analysts...
Japan flags big cut to long-end bond issuance before risky sale
[TOKYO] Japan’s larger-than-expected cut to super-long bond issuance has the potential to ease some upward pressure on yields just before an auction this week that risks reigniting turmoil in...
Honda supplier rethinks China relationship as trade war bites
[TOKYO] As the US-China trade war expands into the auto, steel and rare earths sectors, few companies are feeling the pressure more than top Japanese car parts supplier Daido...
