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AirAsia X to be renamed AirAsia from Jan 19, founder says
[ad_1] [KUALA LUMPUR] AirAsia X will be renamed AirAsia from Jan 19 as low-cost carrier AirAsia reaches the final stages of its restructuring to consolidate all aviation businesses under a...
Morgan Stanley lifts Asia bonuses 20% after record revenue haul
[ad_1] Despite a record year in Asia, the bank cautions against raising bonuses too sharply, aiming to smooth compensation[HONG KONG] Morgan Stanley increased bonuses by about 20 per cent for...
UBS CEO Sergio Ermotti plans to step down in April 2027, FT reports
[ad_1] UBS Group CEO Sergio Ermotti is planning to step down in April 2027, the Financial Times reported on Tuesday.Aleksandar Ivanovic, UBS’s asset management chief, has emerged as one of...
China examines foreign ETF trades after Jane Street India probe
[ad_1] Foreign market makers can also trade China ETFs through so-called Stock Connect links between Hong Kong and the mainlandCHINA is scrutinising how Jane Street Group and other foreign firms...
Yen tumbles following report Japan PM plans snap poll
[ad_1] Japanese officials have stepped up warnings against what they describe as excessive and speculative FX moves[TOKYO] The yen dropped to its weakest level against the US dollar since July...
UOBKH initiates coverage on NTT DC Reit with ‘buy’; forecasts 41% upside
[ad_1] The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy[SINGAPORE] NTT DC Reit has the highest distribution yield among data centre real estate investment...
Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business
[ad_1] This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy [SINGAPORE] Boustead Singapore on Monday (Jan 12) announced...
Threat to US Fed independence, geopolitical tensions cloud Wall Street outlook
[ad_1] Investors rush into Asia markets, precious metals as the ‘sell US’ trade takes hold[SINGAPORE] Investors could continue to rush out of US markets and seek safety in precious metals,...
Asia markets extend gains on ‘Sell America’ inflows, despite Trump’s Iran tariff threat
[ad_1] The announcement also says that the new duty would be ‘effective immediately’[SINGAPORE] Asian markets extended gains at market open on Tuesday (Jan 13), as the momentum from a global...
Major US banks gear up for bond sales as Trump turns up pressure
[ad_1] The biggest US banks usually borrow in the investment-grade bond market soon after posting earnings[NEW YORK] Wall Street is about to embark on its regular borrowing binge, as it...
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
[ad_1] Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand[BENGALURU] Meta has announced its “Meta Compute” initiative to build artificial...
Airbus keeps No.1 planemaker spot but raises new concern on engine supplies
[ad_1] [PARIS] Airbus deliveries rose 4 per cent last year to reach 793 aircraft, the European planemaker said on Monday, leaving it on course to remain the world’s largest planemaker despite recent...