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...
Landmark EU tech rules holding back innovation, Google says
[ad_1] [BRUSSELS] Alphabet’s Google will on Tuesday warn EU antitrust regulators and its critics that landmark European Union rules aimed at reining in Big Tech are hampering innovation to the...
Asia: Stocks rise on trade deal hopes, Tokyo hit by tariff warning
[ad_1] [HONG KONG] Asian stocks rose on Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened to impose a fresh tariff rate...