Culture

More investors demanding transparency from private markets: BlackRock’s Aladdin
[SINGAPORE] Investors today want to know what their money is going into – even within private market assets, said Tarek Chouman, global head of Aladdin Client Business at BlackRock.“People...
UK insurer Aviva reports 9% rise in Q1 general insurance premiums
The company reported £2.9 billion in general insurance premiums for the quarter ended March 31Published Thu, May 15, 2025 · 02:41 PM[LONDON] Insurer Aviva reported a 9 per cent...
Geely profits surge on record sales as reshuffle underway
[HONG KONG] Geely Automobile Holdings, the Hong Kong-listed unit of billionaire Li Shufu’s sprawling auto empire, said that first-quarter profit surged as sales climbed and it continued on a...
Oliver Healthcare Packaging opens largest regional plant in Johor-Singapore SEZ
[ISKANDAR PUTERI] United States-based medical packaging company Oliver Healthcare Packaging on Thursday (May 15) opened its new 120,000 square foot (sq ft) manufacturing facility within the Johor-Singapore Special Economic...
US Justice Department to meet families of 737 MAX victims on Boeing criminal case
Published Thu, May 15, 2025 · 12:41 PM[WASHINGTON] The US Justice Department on Friday plans to meet with the victims of two Boeing 737 MAX crashes that killed 346 people in...
Nissan is rolling out big cuts. Turning around sales will prove harder
[TOKYO] Nissan’s new chief executive Ivan Espinosa faces an uphill task turning around the troubled Japanese automaker with no guarantee it can reverse sliding top-line sales, analysts said, even...
Asia: Stocks drop as fresh trade news awaited, oil down on Iran hopes
[HONG KONG] Equities stuttered on Thursday as investors await fresh developments in trade talks, with US partners looking to reach deals to avoid Donald Trump’s tariff blitz, while oil...
Starbucks is said to start process to revamp vast China business
[HONG KONG] Starbucks has contacted private equity (PE) firms, technology companies and others as it considers options for its China business, including a possible stake sale, according to sources...
Hong Kong investment banking jobs show signs of picking up
[HONG KONG] Hong Kong’s investment banking job market is showing signs of a recovery, with the number of licensed professionals in the financial hub ticking up as initial public...
First Resources posts 74.9% higher Q1 net profit of US$63.1 million
[SINGAPORE] First Resources’ net profit grew 74.9 per cent to US$63.1 million for the first quarter ended March 2025, from US$36.1 million in the same period a year prior,...
Gold inches higher as investors buy the dip ahead of US data
Published Thu, May 15, 2025 · 09:30 AM[BENGALURU]] Gold prices edged higher on Thursday (May 15) as investors took advantage of lower levels after the metal hit a one-month...
China to US ocean cargo bookings surge after tariff pause, Vizion says
Published Thu, May 15, 2025 · 09:02 AM[LOS ANGELES] United States bookings for container transport from China to the US spiked almost 300 per cent in the wake of...