OCBC's Chief Executive Officer, Helen Wong, affirmed that the bank is well-capitalized and has sufficient resources for mergers and acquisitions as well as business growth. In an interview, she emphasized the bank's strong financial position, indicating confidence in its future expansion plans.
Tan Min Lan, head of CIO APAC at UBS Global Wealth Management, has expressed optimism about Indian equities, suggesting that now is an opportune moment to "buy the dip." She shared her insights during an interview on "Insight with Haslinda Amin."
Tan Min Lan, Head of UBS Global Wealth Management and CIO APAC, has advised that now is an opportune moment to "buy the dip" in Indian equities. She shared these insights during an interview on "Insight with Haslinda Amin."
Ayala Corp. is looking to broaden its collaboration with Mitsubishi Corp. into sectors such as healthcare, infrastructure, and property following Mitsubishi's investment in Ayala's fintech division. CEO Cezar Consing highlighted the long-standing partnership, noting that they have engaged in numerous deals over the decades, indicating potential for further business integration.
Thailand's central bank governor, Sethaput Suthiwartnarueput, indicated that further interest rate cuts are unlikely, emphasizing a high threshold for additional adjustments following last week's reduction. He cited slowing credit growth as a key reason for the recent rate cut, while defending the current inflation target amid government pressure for policy easing.
The US plans to intensify restrictions on Russian liquefied natural gas (LNG) exports to undermine funding for its war in Ukraine, according to a senior State Department official. While sanctions have targeted the Arctic LNG 2 facility, other plants like Yamal and Portovaya remain unaffected, allowing continued shipments to Europe and Asia. The Biden administration is closely monitoring Russian cargoes and is committed to further tightening measures against LNG exports.
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