Swiber's move to wind up sends shock waves through market

Announcement stuns investors and analysts; news savages some O&M counters; DBS among banks with heavy exposure. Firm announces resignation of 3 exec directors

Most Asean countries ‘want to stay out of Beijing’s South China Sea dispute with the Philippines’

Most Asean countries want to stay out of the South China Sea dispute between China and the Philippines, says a diplomat with inside knowledge about the negotiations that went on before the bloc issued a joint statement on the matter this week.

Indonesian tax amnesty could spark outflow from Singapore wealth industry

Singapore's wealth management industry is likely to suffer a bad dent as rich Indonesians move some money back home to take advantage of a tax amnesty, but the exodus of funds isn't going to be as big as Jakarta is predicting.

If nothing else, at least Trump understands the folly of ‘empire’

Donald Trump gets a lot of things wrong, but there is at least one thing much of the rest of the world can agree on with him: the United States is in no position to lecture other countries about civil liberties or human rights.

South China Sea air strips’ main role is ‘to defend Hainan nuclear submarine base’

China’s underwater military strategy in the South China Sea, which remained concealed for the past two decades, suddenly emerged after an international tribunal rejected most of Beijing’s territorial claims in the hotly contested waters.