While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
Singapore’s state investment firm Temasek Holdings has adopted a more cautious stance toward Europe, citing rising global trade tensions and tightening financial conditions just a year after launching its much-celebrated Paris office
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The cost of insuring commercial vessels transiting the Red Sea has skyrocketed following a sharp escalation in attacks by Yemen’s Iran-backed Houthi militants, threatening further disruption to global trade flows. According to
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While luxury markets across China and the U.S. face slowing demand, Singapore is powering ahead — thanks to its soaring millionaire population and appetite for high-end retail. According to data shared with
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As U.S.-China trade tensions disrupt global supply chains, Asia’s richest man, Mukesh Ambani, is quietly turning volatility into opportunity — and helping America offload unwanted cargo in the process. According to a
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The Commercial High Court of Colombo has granted a 14-day enjoining order restraining legal action to wind up SriLankan Airlines over unpaid international bond obligations amounting to $209 million. The order, issued
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Chinese mining companies have ramped up their overseas acquisitions to the highest level in over a decade, as they race to lock in critical mineral supplies amid intensifying geopolitical tensions and growing
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Singapore’s financial regulator has imposed a total of US$21.5 million (S$27.45 million) in penalties on nine banks and financial institutions, including global giants UBS and Citi, for compliance failures tied to a
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The $33 billion take-private transaction involving Toyota Industries, a key supplier to Toyota Motor, has come under sharp criticism from a leading corporate governance group, raising fresh concerns over Japan’s efforts to
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Meta CEO Mark Zuckerberg has unveiled Meta Superintelligence Labs (MSL), a bold new division tasked with developing artificial intelligence systems that exceed human-level performance — marking the company’s most ambitious move yet
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Qantas Airways is investigating a major cyberattack that may be linked to the Scattered Spider hacking group, the same criminal network that previously targeted UK retailer Marks and Spencer, according to a
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KPMG stepped down as auditor of Prax Group, the parent company of one of the UK’s largest oil refineries, in the year leading up to its sudden insolvency, according to a report
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Singapore — Sri Lanka’s fragile post-bankruptcy recovery demands bold leadership, institutional reform, and urgent economic diversification, according to insights shared during a high-level trade policy session in Singapore. The remarks came during
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Chinese manufacturing activity contracted for the third consecutive month in June, underscoring the persistent challenges facing the world’s second-largest economy despite a temporary easing in trade tensions with the United States. According
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Meta is in advanced talks with leading private investment firms to raise a staggering $29 billion to fund its aggressive push into artificial intelligence, signaling the tech giant’s largest off-balance-sheet financing effort
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HSBC, Europe’s largest bank, is facing a costly dilemma over office space after pandemic-era downsizing left it short of desks for a workforce now being urged back into the office. The bank,
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