News
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs.The Microsoft-owned tech company has cut 281 workers in California, a notice filed this week to the...
Trump says Musk is ‘not really leaving,’ fueling legal challenge over his role at DOGE
WASHINGTON — Elon Musk, the world’s richest man, who has led an effort in the Trump administration to cut jobs and programs across the federal government, stood by President Trump’s side...
Saudi Aramco could tap debt markets again after US$5 billion bond sale
Published Fri, May 30, 2025 · 09:10 PM[DUBAI] Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major...
Wee Hur sets up S$500 million medium-term note programme
Notes to be issued may be in Singapore dollars or any other currency, in various amounts and tenors, and may bear interest at fixed, floating or hybrid rates or...
China’s central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bondsPublished Fri, May 30, 2025 · 06:57 PM[SHANGHAI] China’s central bank...
EMA grants conditional licence to RGE, TotalEnergies’ Indonesian solar project for electricity import to Singapore
[SINGAPORE] The Energy Market Authority (EMA) on Friday (May 30) granted a conditional licence to Singa Renewables, a joint venture between RGE and TotalEnergies, to import 1 gigawatt (GW)...
Energy Market Authority chairman Richard Lim to step down; ex-perm sec Tan Ching Yee to assume role
[SINGAPORE] Energy Market Authority (EMA) chairman Richard Lim, 71, will step down in September after leading the board for five years.Lim will relinquish his appointment on Sep 30, the...
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...
