LATEST
HSBC’s private bank shuts independent asset management business in HK, Singapore
HSBC Holdings’ private bank has discontinued its independent asset management business in Hong Kong and Singapore following a strategic business review, a...
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HONG Kong home prices rose for the first time in almost a year in March as the city’s removal of property curbs...
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
BEIJING city authorities have announced subsidies for firms that purchase domestically produced artificial intelligence (AI) chips, as China seeks to develop its...
China firms are investing abroad at fastest pace in eight years
CHINA’S overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften...
Middle East tensions threaten global progress on inflation: World Bank
THE ongoing tensions in the Middle East threaten to halt – or even reverse – some of the recent progress made in...
MOST READ
Daughter of Chinese steel-and-nickel tycoon picks up S$84 million Bin Tong Park bungalow
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Forrest Li’s wife buys Gallop Road bungalow next to the one he has redeveloped
Retirement savers in Singapore need to cast their nets wide for growth
ASIA-PACIFIC
Morgan Stanley Asia private equity unit to reorganise as CEO retires
MORGAN Stanley Private Equity Asia (PEA) is reorganising its teams in the region as its current chief executive of Asia Chou Chin...
Apple CEO to meet Lawrence Wong at end of whirlwind Asia tour; firm to invest US$250m to expand Ang Mo Kio campus
APPLE chief executive officer Tim Cook will meet Singapore’s Deputy Prime Minister (DPM) Lawrence Wong at the tail end of his most...
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
MORGAN Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the...
Asian gas prices surge near highest this year amid conflict risk
ASIAN liquefied natural gas (LNG) prices jumped to the highest level since early January amid anxiety that Israel’s response to Iran’s attack...