Business
Family trust rules penalise firms for admin errors: CPA Australia
Family trusts, widely used in Australian business and succession planning, are facing calls for updated regulations, with CPA Australia…
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Firms
Culture
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins…
Culture
Asian firms divided on Chinese AI as geopolitics bite
When Kien Ta pitched an AI solution to a Japanese healthcare firm, he suggested they use Qwen. Ta, the vice president of Vietnam-based…
Culture
Data storage firms Western Digital, Seagate soar on AI-driven demand spike
Shares of data storage companies such as Seagate and Western Digital (WDC) have sharply outperformed the broader market this year, powered…
Culture
Singapore receives interest from Malaysian firms to export renewable energy through second interconnector
For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial Singapore’s energy…
Culture
Gold firms ahead of US inflation data, but heads for weekly fall
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week. Gold prices rose on Friday…
Culture
Oil surges 5% after US sanctions Russian firms Rosneft, Lukoil
Oil prices surged around 5 per cent to a two-week high on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and…
Culture
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Culture
Dublin office woes hit private equity firms from Blackstone to Brookfield
The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and Lisbon A PARTIALLY…
Culture
Chinese firms face shifting global IPO landscape
Nasdaq proposes raising minimum public float and fundraising requirements; is enforcing faster suspension and delisting procedures for…
Culture
AI jobs shock is coming and firms aren’t ready: Klarna CEO
The CEO sees the AI boom spelling the end to what he calls “excess profits” in both the banking and software industries From technology…
Culture
Financial firms to feel outsized impact from Trump’s H-1B overhaul
The Trump administration’s overhaul of the H-1B system could have an outsized impact on the finance industry, which could face hiring…
Culture
KKR holds first Asia board meeting in Tokyo, as Japan leads firm’s regional growth
New York-headquartered KKR is holding its first board meeting in Asia this week in Tokyo, a spokesperson for the firm said on Tuesday (Sep…
Culture
High Court rejects Hin Leong-linked firm’s bid to halt payout of ship sale proceeds
The collapsed oil trading giant’s shipping subsidiary fails in its second attempt to halt distribution of cash from vessel sales to rival…
Culture
Two China firms launch autonomous shuttle services in Singapore
Two Chinese companies said on Saturday (Sep 20) that they will partner local firms to launch autonomous vehicle shuttle services in…
Culture
Nvidia’s new RTX6000D chip for China finds little favour with major firms: sources
[BEIJING/SHANGHAI] Nvidia’s RTX6000D, its newest artificial intelligence (AI) chip tailored for the Chinese market, has seen only lukewarm…
Culture
Hong Kong equity deals boom as Chinese firms rush to market
Initial public offerings, secondary share sales and equity-linked transactions are all poised for a boom period Hong Kong bankers have…
Culture
Peak number of private equity firms seen running zombie risk
A RECORD number of private equity firms will turn into so-called zombie funds this year, as they struggle to reel in new investor cash,…
Culture
India tweaks IPO rules to allow easier listing for big firms
India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s…
Culture
Nasdaq proposes tighter listing rules for thinly traded stocks, China-based firms
Exchange operator Nasdaq proposed on Wednesday (Sep 3) stricter listing standards, including a higher minimum public float for certain new…
Culture
AI’s disruption of law firms could hold lessons for the broader business community
LIKE the rest of the developed world, Singapore is grappling with increasing graduate unemployment. In July, the government announced that…
Culture
China tech giant JD.com unit, two other firms plan US$1 billion Singapore Reit
[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.com and two other firms plan to launch a Singapore-based…
Culture
Gold edges lower as US dollar firms, but Fed turmoil limits losses
Gold prices edged lower on Wednesday (Aug 27), pressured by an uptick in the US dollar, although renewed concerns over the US central…
Culture
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth
From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the world’s most populous nation…