News

AstraZeneca vows to spend US$50 billion on US manufacturing, development
[ad_1] [MUNICH/WASHINGTON] AstraZeneca plans to invest US$50 billion in the US before 2030, becoming the latest European pharma company to ratchet up spending in the country ahead of potential tariffs...
Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs
[ad_1] Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stintsPublished Mon, Jul 21, 2025 · 11:46 PM[NEW YORK] Citigroup is asking its new...
US: Wall Street opens higher with tech earnings, trade updates in focus
[ad_1] Published Mon, Jul 21, 2025 · 09:41 PM[NEW YORK] Wall Street’s main indexes opened higher on Monday (Jul 21), as investors welcomed the prospects of new trade deals to...
Singtel unit prices S$160 million in fixed-rate notes at 2.726%
[ad_1] [SINGAPORE] Singtel Optus, a wholly owned subsidiary of the telecommunications giant, on Monday (Jul 21) priced S$160 million in fixed-rate notes due Jul 25, 2035, at 2.726 per cent....
UK to create new water regulator in plan that gives hope for stricken Thames Water
[ad_1] [LONDON] Britain said on Monday (Jul 21) it would overhaul water regulation to better protect the environment, investors and consumers, after an official report recommended a new structure that...
Yen advances as Ishiba holds on in face of election setback
[ad_1] The yen strengthened versus the US dollar on Monday (Jul 21) after Japan’s Prime Minister Shigeru Ishiba said he would carry on as leader after the ruling coalition lost...
Hong Kong probes Louis Vuitton data leak after UK, Korea attacks
[ad_1] Leaked data of the Hong Kong customers include names, passport numbers, birth dates, addresses, email addresses, phone numbers, shopping history and product preferencesPublished Mon, Jul 21, 2025 · 04:26...
Indonesia’s Kangaroo bond sale a tricky call for local investors
[ad_1] Published Mon, Jul 21, 2025 · 03:10 PMIndonesia’s plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on how it’ll fit...
MAS appoints first 3 asset managers to inject initial S$1.1 billion into Singapore equities
[ad_1] [SINGAPORE] Temasek-backed Fullerton Fund Management will be among the first of three asset managers to tap a S$5 billion investment fund initiative announced by authorities earlier this year. The...
CGSI downgrades Wilmar, lowers price target amid heightened regulatory risk from Indonesia
[ad_1] [SINGAPORE] CGS International (CGSI) analyst Jacquelyn Yow downgraded Wilmar international from a “hold” to a “reduce” call in her report on Friday (Jul 18), with a lowered target price...
Asia: Hong Kong leads stocks higher, yen gains as Ishiba vows to stay
[ad_1] [HONG KONG] Equities mostly rose on Monday on optimism countries will reach US trade deals before an August 1 deadline, while the yen gained after Japanese Prime Minister Shigeru...
Life atop China’s car market is starting to look shaky for BYD
[ad_1] LIFE at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon.BYD’s monthly sales have stagnated of late and with the summer...