Culture
‘Fallacy’ to say OCBC does not know insurance business: board chairman
[SINGAPORE] It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with...
Hyundai to suspend EV production in South Korea due to slow demand, US tariffs
The suspension comes as EV orders from major markets have fallen sharply in April Published Thu, Apr 17, 2025 · 08:07 PM[SEOUL] Hyundai Motor plans to temporarily suspend production...
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
[SINGAPORE] OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage value for the lender, said...
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9%[SINGAPORE] The Straits Times Index (STI) continued to rally on Thursday (Apr 17), tracking regional...
SIA launches joint fare products with All Nippon Airways on Singapore-Japan flights
[SINGAPORE] Singapore Airlines (SIA) and All Nippon Airways (ANA) will begin operating revenue-sharing flights between Singapore and Japan from September 2025, they said in a joint statement on Thursday...
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investorsPublished Thu, Apr 17, 2025 · 01:12 PM[MUMBAI] IDFC First Bank has approved a plan to raise 75...
Asia: Markets boosted by ‘Big Progress’ in Japan tariff talks
[HONG KONG] Tokyo led stocks higher on Thursday (Apr 17) as optimism over Japan-US trade talks offset Federal Reserve boss Jerome Powell’s warning that Donald Trump’s tariffs could force...
Bank of Korea holds rate steady after inflation sped up and won wobbled
[SEOUL] The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and the won weakened to a 16-year low...
Bank of Korea holds rate steady while citing big rise in downside risks
[SEOUL] The Bank of Korea (BOK) kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have emerged since February in a...
Frasers Property Industrial enters JV to invest in A$600 million Aussie industrial portfolio
[SINGAPORE] Frasers Property Industrial has entered into a capital partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing for industrial assets in Australia. The 50:50 joint...
