Fashion

Young investor demand for alternative assets is reshaping Wall Street’s playbook
[ad_1] [NEW YORK] Wall Street has a new favourite investor. They are young, they are affluent and they’re sceptical that traditional markets can deliver wealth over the long haul. Shaped...
Looming Hormuz blockade threatens Asia’s energy lifeline, unsettling oil market
[ad_1] [SINGAPORE] Oil and liquified natural gas (LNG) buyers in Asia have been unsettled by the Iranian parliament greenlighting a plan to close the Strait of Hormuz. The sea passage...
Private-hire group urges Grab to delay bonus revamp over fears that drivers’ earnings will be hurt
[ad_1] [SINGAPORE] The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is “particularly concerned” about the impact on drivers’...
Singapore stocks fall amid mixed regional trading following US strikes on Iran
[ad_1] [SINGAPORE] Local stocks ended lower on Monday (Jun 23) amid a mixed trading session in the region, after the US launched strikes on three of Iran’s nuclear facilities over...
Nomura CEO’s pay more than doubles after profit hits record
[ad_1] [TOKYO] Nomura Holdings more than doubled Kentaro Okuda’s pay last year, rewarding the chief executive officer for guiding Japan’s largest brokerage to a record annual profit. Okuda’s compensation rose...
Japanese ships transiting Strait of Hormuz to minimise time in Gulf
[ad_1] Published Mon, Jun 23, 2025 · 01:11 PM[TOKYO] Japan’s Nippon Yusen and Mitsui O.S.K. Lines said on Monday they have instructed their vessels to minimise the time spent in...
Asia: Market trade lower; oil prices spike after US strikes on Iran
[ad_1] [TOKYO] Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran’s nuclear facilities.The dollar strengthened as...
TrueMoney stands out in Thailand’s virtual banking shake-up after licence win
[ad_1] [BANGKOK] Thailand is shaking up its sleepy banking sector. The Thai Finance Ministry’s decision to grant virtual bank licences to three consortiums on Jun 19 is set to inject fresh...
Montage is said to hire banks for US$1 billion Hong Kong listing
[ad_1] The US has been trying to curb Beijing’s ambitions to build a domestic semiconductor industry,Published Mon, Jun 23, 2025 · 11:27 AM[HONG KONG] Chinese chip designer Montage Technology has...
Changi Airport Group exploring possible new flights to Semarang, Palembang, Belitung in Indonesia
[ad_1] [SINGAPORE] There could potentially be new flight connections between Singapore and three Indonesian destinations – Semarang in Central Java, Palembang in South Sumatra and Belitung Island off the east...
Air India crash risks fuelling up to 30% jump in insurance premiums
[ad_1] The airline’s fleet is insured for about US$20 billion in total, with an annual premium near US$30 million, according to data from PolicybazaarPublished Mon, Jun 23, 2025 · 09:49...
US urges China to dissuade Iran from closing Strait of Hormuz
[ad_1] Published Mon, Jun 23, 2025 · 09:02 AM[WASHINGTON] US Secretary of State Marco Rubio on Sunday (Jun 22) called on China to encourage Iran not to shut down the...