Culture
Qantas says hit by ‘significant’ cyberattack
[ad_1] Published Wed, Jul 2, 2025 · 08:59 AM[SYDNEY] Australian airline Qantas said on Wednesday it was investigating a “significant” cyberattack, after hackers infiltrated a system containing sensitive data on...
Binance to keep hundreds of staff in Singapore despite crackdown
[ad_1] [SINGAPORE] The world’s largest digital assets exchange Binance, plans to keep hundreds of remote workers in Singapore, despite a crackdown on unlicensed crypto outfits in the city-state.The Monetary Authority...
Biggest US banks hike dividends, announce share buybacks after acing stress tests
[ad_1] [NEW YORK] US banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve’s annual health check last week. The moves come after the lenders...
Trump is ‘fast forwarding’ the inevitable future of a multipolar world: George Yeo
[ad_1] [SINGAPORE] US President Donald Trump may be at the centre of several global events today, but he did not create the increasingly multipolar world – he is merely fast-forwarding...
BNP Paribas completes 5.1 billion-euro acquisition of AXA Investment Managers
[ad_1] The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assetsPublished Tue, Jul 1, 2025 · 05:52 PM[LONDON] BNP Paribas...
No compulsory financial advice needed for most retail investors under proposed MAS changes
[ad_1] [SINGAPORE] Retail investors may soon be able to invest in products that are deemed complex without seeking the now-mandatory financial advice, even where they may not have the relevant...
Two Chinese chip firms plan 12 billion yuan IPOs, bet US export curbs to spur growth
[ad_1] [BEIJING] Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public offerings, hoping US curbs on advanced chip sales...
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
[ad_1] Published Tue, Jul 1, 2025 · 01:49 PM[KUALA LUMPUR] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have initiated legal proceedings against Standard Chartered Bank...
Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
[ad_1] The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development BerhadPublished Tue, Jul 1, 2025 · 01:49 PM — Updated Tue, Jul 1,...
Standard Chartered faces US$2.7 billion lawsuit over alleged role in 1MDB fraud; bank ‘emphatically rejects’ claims
[ad_1] [SINGAPORE] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have initiated legal proceedings against Standard Chartered Bank in the High Court of...