Author: Admin
[SYDNEY] DBS Group aims to double its Australian lending book in the next five years, its CEO Tan Su Shan said, as the Singapore-headquartered bank seeks to take advantage of trade links between Australia and South-east Asia. The bank said on Wednesday (Jun 18) it had signed a pact with trade agency Austrade which will help it facilitate and finance more trade and investment between Australian and South-east Asian businesses, especially from Singapore, Indonesia, Malaysia and Vietnam.Tan said that DBS’s Australian lending book was currently worth about A$11 billion (S$9.2 billion) which, she said, could double to A$20 billion in the…
Stories you might have missedEconomists slash Singapore growth forecast to 1.7%, with manufacturing expected to shrink: surveyExpectations have risen for further monetary policy easing in July.Malaysia hopes to draw back talent to power Johor-Singapore economic zoneExecutives point to plus points in Malaysian state that could attract locals, such as more industry-relevant training and the lower cost of living.COE prices rise across all categories except motorcycles; Cat B premium up 3.2% to S$116,670BT in your inboxStart and end each day with the latest news stories and analyses delivered straight to your inbox.Sign UpSign UpThe COE prices for cars crept up after…
ZURICH :Swiss bank UBS on Wednesday said it had suffered a data leak due to a cyber attack against one of its providers, but that no client data was affected.Swiss newspaper Le Temps said that files containing details of tens of thousands of UBS employees had been stolen from business service company Chain IQ.”A cyber-attack at an external supplier has led to information about UBS and several other companies being stolen. No client data has been affected,” UBS said.”As soon as UBS became aware of the incident, it took swift and decisive action to avoid any impact on its operations.”…
HONG KONG — Asian shares were mixed and oil prices advanced Wednesday after the escalation of conflict in the Middle East hit Wall Street. U.S. benchmark crude oil was up 24 cents at $73.51 per barrel. Brent crude, the international standard, was up 28 cents at $76.71 per barrel. Crude prices rose more than 4% on Tuesday after U.S. President Donald Trump left a Group of Seven summit in Canada early and warned that people in Iran’s capital should evacuate immediately. Within about eight hours, Trump went from suggesting a nuclear deal with Iran remained “achievable” to urging Tehran’s 9.5…
Company honored by Forbes Magazine for Championing Accessibility and by Iceland’s President for Excellence in Global Exports REYKJAVÍK, Iceland, June 18, 2025 /PRNewswire/ — Embla Medical (NASDAQ Copenhagen: EMBLA), a leading global provider of innovative mobility solutions, is being internationally recognized for its pioneering role in enhancing peoples’ mobility and its business leadership, the company announced today. Forbes Magazine has named Embla Medical to its first-ever global Accessibility 100 list, recognizing the company’s history of innovative prosthetics, neuro orthotics and bracing solutions, and high-quality patient care services. The prestigious list recognizes, for the first time, innovators in the field of accessibility…
Santander has approached its fellow Spanish banking group Sabadell about a takeover of TSB, its British high street bank.Sky News has learnt that Santander is among the parties which have expressed an interest in a potential deal, months after its boss denied that it was seeking to offload the UK’s fifth-largest retail bank. City sources said on Wednesday that Santander had not tabled a formal offer for TSB, and was not certain to do so.Money latest: What inflation data means for home buyers However, the fact that it has contacted Sabadell about a possible transaction involving TSB suggests that Ana…
UK Parliament votes to decriminalize abortion over concerns about prosecutions of some women in England and Wales
Democrat Abigail Spanberger is emphasizing her life and career as she aims to become the next governor of Virginia at a time when her national party is searching for answers on how to win over voters after an election cycle filled with setbacks. The Spanberger campaign’s new advertisement for the general election, first reported by CBS News, shows her reflecting on the various kinds of hallways she’s walked through, starting with her education at Virginia’s J.R. Tucker High School, before quickly pivoting to the CIA, where she was a case officer, and then to the Capitol, where she was a bipartisan-minded…
In recent extraordinary moves, Health Secretary Robert F. Kennedy Jr. has fired and replaced a team that makes vaccine recommendations for the country. Apoorva Mandavilli, a science and global health reporter at The New York Times, explains how this change could impact vaccine accessibility.
ISLAMABAD :Two of Pakistan’s leading business groups and a company backed by the powerful military will bid for the country’s ailing national carrier, a divestment the government hopes will kickstart the privatisations of state-owned enterprises.The sale of Pakistan International Airlines will be the first major privatisation for around two decades, with the sale of loss-making state-owned enterprises a condition of last year’s $7 billion bailout by the International Monetary Fund. The government tried unsuccessfully to last year offload a stake in PIA, which is a major burden on its budget, but the sale was aborted because of the poor state of…