News
IHH Healthcare revenue could soften on medical inflation measures
[SINGAPORE] IHH Healthcare will likely face “some softening of (patient admissions) and revenue” from measures the group has implemented to combat medical inflation in Malaysia, but the situation has...
Asia: Markets reverse as appeals court gives Trump tariffs reprieve
[HONG KONG] Asian shares fell on Friday after a US appeal court gave Donald Trump’s sweeping tariffs a temporary reprieve, fanning uncertainty a day after judges had ruled the...
Jardine Matheson Holdings names Lincoln Pan as CEO-designate ahead of group managing director John Witt’s retirement
[SINGAPORE] Hong Kong-based conglomerate Jardine Matheson Holdings on Thursday (May 29) announced the appointment of Lincoln Pan as chief executive-designate, as group managing director John Witt will retire from...
US asks judge to dismiss criminal charge over Boeing 737 Max crashes
Published Fri, May 30, 2025 · 08:40 AMTHE US Justice Department asked a federal judge in Texas to dismiss its criminal case against Boeing over two fatal crashes of its 737...
Trump told Fed Chair he was ‘making a mistake’ not cutting rates: White House
Published Fri, May 30, 2025 · 07:20 AM[WASHINGTON] US President Donald Trump on Thursday stepped up pressure on Jerome Powell to cut interest rates, the White House said, describing...
US: Stocks rise as market weighs tariff ruling
Published Fri, May 30, 2025 · 06:22 AM[NEW YORK] Wall Street stocks finished modestly higher on Thursday following strong earnings from Nvidia as a judicial ruling added to uncertainty about President...
Keppel appoints ex-DBS CEO Piyush Gupta as deputy chairman from Jul 1
[SINGAPORE] Keppel has appointed former DBS chief executive Piyush Gupta as deputy chairman and non-executive independent director of its board, effective Jul 1. Gupta will also be appointed a...
What are private markets, and what risks should investors take note of?
[SINGAPORE] Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the private equity market in deal value and...
Foxconn to soon announce second Japanese auto partner, chairman says
The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brandsPublished Thu, May 29, 2025 · 01:45 PM[TAIPEI] Taiwan’s Foxconn will...
Shopee’s SPX Express partners Frasers Property Vietnam to build automated sorting centre
Facility includes advanced two-storey automated sorting machines that can sort up to 7 million parcels a day, the highest for SPX Express in Vietnam[SINGAPORE] SPX Express, Shopee’s logistics services,...
