Culture
No plans for layoffs; HK$1.5 billion investment in Greater China to continue: OCBC’s Helen Wong
[SINGAPORE] OCBC has no plans to implement “major” layoffs despite macroeconomic uncertainties arising from US tariffs, said the bank’s group chief executive officer Helen Wong on Friday (May 16).“We’re...
Hacking of trading accounts in Japan spreads to mid-sized firms
The hacking of online trading accounts has exploded in Japan, surging more than 10-fold in April from MarchPublished Fri, May 16, 2025 · 04:01 PM[TOKYO] Criminals have targeted mid-sized...
More attractive land prices for Singapore tenders ahead, says Citi, giving its top developer pick
[SINGAPORE] More attractive land prices could be on the horizon for eight upcoming government tenders from May to September this year, in support of developers’ land replenishment exercises, said...
Singtel sells 1.2% direct stake in India’s Bharti Airtel for S$2 billion
[SINGAPORE] Telecommunications service provider Singtel has sold around 1.2 per cent of its direct stake in regional associate Bharti Airtel for S$2 billion. This is part of its active...
Trump announces US$14.5 billion Etihad order for 28 Boeing planes with GE engines
Published Fri, May 16, 2025 · 01:24 PMUS PRESIDENT Donald Trump on Thursday announced deals totaling more than US$200 billion between the United States and the United Arab Emirates,...
Tariff truce spurs Pacific trade rush, boosting global shippers
[HONG KONG] Importers rushing to ship Chinese goods to the US using a short reprieve from paralysing tariffs could provide a much-needed boost to global freighters.The surprise truce between...
Asia: Markets stagger into weekend as trade rally runs out of legs
[HONG KONG] Markets limped into the weekend as investors consolidated gains fed by the China-US trade war hiatus, having enjoyed one of their best weeks since Donald Trump unloaded...
Genting Singapore shares are undervalued despite drop in earnings, Morningstar says
[SINGAPORE] Genting Singapore’s shares are undervalued despite its recent weak earnings, but the new attractions being lined up could drive earnings growth, analysts said. Morningstar’s senior equity analyst, Jennifer...
Ong Beng Seng’s HPL jumps almost 10% in heavy trading; company says unaware of reason for spike
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) jumped almost 10 per cent in active trading on Friday (May 16) morning, prompting queries from Singapore Exchange Regulation (SGX RegCo).At about...
HPL surges 5%; SGX RegCo requests explanation
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) climbed as high 5.3 per cent in morning trading on Friday (May 16), prompting queries from Singapore Exchange Regulation (SGX RegCo) for...
