Barclays’ private banking head Evonne Tan to be CEO of Schroders Asia Wealth Management from Jul 1

Barclays’ private banking head Evonne Tan to be CEO of Schroders Asia Wealth Management from Jul 1

Published Thu, Apr 2, 2026 · 03:57 PM [SINGAPORE] Schroders Wealth Management has named Evonne Tan as the new chief executive officer of its Singapore-based Asia wealth management business as the group looks to drive strategic growth in Asia. Tan, whose appointment is subject to regulatory approval, is slated join the Schroders Wealth Management executive…

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Fuel spike, Middle East crisis squeeze Malaysia Aviation Group’s bottom line despite 2025 recovery

Malaysia Airlines parent’s earnings rise in 2025, but Middle East conflict clouds outlook

[KUALA LUMPUR] The earnings outlook of Malaysia Aviation Group (MAG), the operator of national carrier Malaysia Airlines, is coming under pressure from surging fuel costs and operational disruptions linked to the Middle East conflict, even as the airline group posted a strong recovery in 2025. The group is incurring additional costs of about RM115,050 (S$36,610)…

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Share buybacks driving OCBC’s stock into new territory: analysts

Share buyback scheme has helped OCBC’s recent sector outperformance: analysts

Investors also like lender’s robust wealth business and net new money momentum in Q4 [SINGAPORE] OCBC’s entry into Singapore’s rare S$100-billion club has set the market abuzz about the driving factors behind its record-breaking streak. Various analysts have cited the bank’s latest share buybacks for its share-price resilience amid the Middle East war. As at…

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CapitaLand Investment to speed up divestments, capital recycling in China portfolio

CapitaLand Investment to speed up divestments, capital recycling in China portfolio

[SINGAPORE] CapitaLand Investment (CLI) plans to accelerate its capital recycling efforts and is evaluating “structural solutions” for its assets in China, the asset management group said in its annual report released on Thursday (Apr 2).  “As we continue to drive capital efficiency, we will accelerate divestments, while maintaining disciplined and value-accretive deployment,” said chairman Miguel…

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High order backlog, global ‘defence inflection point’: Analysts positive on ST Engineering’s contract win

High order backlog, global ‘defence inflection point’: Analysts positive on ST Engineering’s contract win

[SINGAPORE] Analysts on Thursday (Apr 2) viewed ST Engineering’s latest contract win positively, but at least one flagged a possible de-escalation in Middle East tensions as a reason not to get into the stock right now. The defence technology player on Wednesday announced a S$600 million six-year subcontract win from Abu Dhabi Ship Building to…

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Gold falls as Trump gives no clarity on ending Iran war 

Gold falls as Trump gives no clarity on ending Iran war 

Published Thu, Apr 2, 2026 · 11:09 AM GOLD prices reversed course to slip more than 1 per cent on Thursday, snapping a four-day winning streak, after US President Donald Trump said the United States would continue the war in Iran over the coming weeks. Spot gold fell 1.3 per cent at US$4,694.48 per ounce…

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