Culture
Volkswagen says 20,000 workers agree to early exits
Published Tue, Jun 3, 2025 · 07:45 PM[BERLIN] Volkswagen said about 20,000 employees will voluntarily leave the company by the end of the decade as the carmaker restructures its...
The privatisation offer for this small Catalist company could cause SGX some discomfort
[SINGAPORE] Amid a flurry of delistings from the Singapore Exchange (SGX), one more privatisation offer – especially that for a small Catalist player – should not make much of...
Ascott, Frasers Hospitality expand footprint in Asia
[SINGAPORE] Lodging sector players Ascott and Frasers Hospitality issued separate statements on Tuesday (Jun 3) announcing their expansion in Asia with new signings and openings.Ascott, the wholly owned lodging...
Protect investors, but give private market fund managers flexibility, industry players tell MAS
[SINGAPORE] The transparency of private market funds, the amount they charge in fees, and the methods of valuation were among key points raised in the feedback given by industry...
Singapore hedge fund Arrowpoint capitalised on May market turmoil
[HONG KONG] Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global trade tariff shocks and sees more arbitrage opportunities ahead, its...
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
[HONG KONG] Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the...
TSMC says tariffs have some impact but AI demand robust
Published Tue, Jun 3, 2025 · 10:43 AM[HSINCHU, Taiwan] US tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace supply, the...
Bank of Japan urged to keep or slow bond taper pace from fiscal 2026
[TOKYO] The Bank of Japan (BOJ) received a sizeable number of requests to maintain or slightly slow the pace of tapering in its bond purchases from fiscal year 2026...
Australia cracks down on crypto ATMs as scams, fraud uncovered
There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac dataPublished Tue, Jun 3, 2025 · 10:03 AM[MELBOURNE] Australia’s financial...
Gold hovers near four-week peak on weaker US dollar, trade concerns
Published Tue, Jun 3, 2025 · 09:36 AM[BENGALURU] Gold edged up to hit a near four-week high on Tuesday (Jun 3), as a weaker US dollar and rising uncertainty...
