Culture
Citi names banking veteran Lee Lung-Nien as new Singapore country officer and banking head
[ad_1] He will step into the new role on Oct 6, and is the first Singaporean to hold the post in 50 years [SINGAPORE] Citi has appointed Lee Lung-Nien as...
Thailand to weigh tax on gold trades to slow baht rally
[ad_1] Officials are discussing ways to tax gold bought and sold through various online channels and settled in baht[BANGKOK] Thai authorities are reported to be considering a tax on physical...
Singapore fund manager Capital Asia Investments behind multi-million dollar Thai blue-chip deals
[ad_1] Some of these transactions are linked to a politically connected Cambodian tycoon and a prominent Thai businesswoman[SINGAPORE] Singapore-licensed fund manager Capital Asia Investments (CAI) has been scooping up and...
China bond slump fuels speculation PBOC will resume debt buying
[ad_1] Expectations of central bank support have been building as a surge in Chinese stocks has weighed on the debt market[BEIJING] The Chinese bond sell-off that drove benchmark yields to...
Elon Musk’s Starlink back online after brief service outage
[ad_1] Elon Musk’s satellite internet service Starlink was back online for most users after a brief outage on Monday (Sep 15), according to tracking website Downdetector.com.The number of U.S. users...
Asia: Markets fluctuate ahead of expected US rate cut
[ad_1] ASIAN markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week.Equities have enjoyed a strong run-up over recent...
Hedge fund Arrowpoint seeks US$400 million in new money by March
[ad_1] The performance and fund-raising plans stand out in a market where investors’ appetite for multistrategy, multimanager hedge funds has begun to abate[HONG KONG] Arrowpoint Investment Partners aims to raise...
BYD’s US$45 billion stock wipeout raises doubts on China outlook
[ad_1] At the same time, rivals including Geely Automobile Holdings and Zhejiang Leapmotor Technology are gaining ground[HONG KONG] BYD faces pressure to restore investor confidence after a US$45 billion stock...
Oil holds gains as investors eye impact from attacks on Russian energy facilities
[ad_1] [SINGAPORE] Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could disrupt its crude and fuel exports, while also...
Jardine C&C buys Indonesian gold mine for US$540 million
[ad_1] Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units[SINGAPORE] Jardine Cycle & Carriage on Monday (Sep 15) announced that two of its indirect subsidiaries...
