News
Xiaomi shares tumble after reports EV crash traps person inside
[ad_1] [SHANGHAI] Xiaomi shares fell the most since April after reports that one of its SU7 electric sedan’s doors failed to open after a fiery crash in the southwest Chinese...
US-China friction sends Asian currencies to five-month low
[ad_1] The risk-off sentiment has extended beyond currency markets, with regional stocks also slumping[SINGAPORE] Asian currencies slipped to the weakest levels since May as renewed trade tensions between the US...
China’s Wingtech seeks government help after Dutch intervention at Nexperia unit
[ad_1] The Chinese semiconductor company’s Shanghai-listed shares plunged 10% on Monday to a one-month low[AMSTERDAM/SHANGHAI] Chinese semiconductor company Wingtech said on Monday (Oct 13) that it will take actions to...
Dutch government takes control of Chinese-owned chipmaker Nexperia
[ad_1] The parent company Wingtech shares plunge 10% in Shanghai as it seeks legal, government help [AMSTERDAM/SHANGHAI] The Dutch government said it is taking control of Dutch chipmaker Nexperia, which...
Bank Indonesia’s heavy bond buying to continue, analysts say
[ad_1] Banks own around 22 per cent of all government bonds in the country, according to finance ministry data[JAKARTA] Indonesia’s central bank will buy as much as 200 trillion rupiah...
Gold hits record high as US-China trade concerns boost safe-haven demand
[ad_1] [BENGALURU] Gold prices climbed to a record high on Monday (Oct 13), driven by safe-haven demand on fresh US-China trade concerns, while broader economic and political uncertainties and expectations...
InnoTek jumps 36.4% to three-year-high closing price on Nvidia project wins
[ad_1] [SINGAPORE] Shares of mainboard-listed InnoTek rallied on Monday (Oct 13), on news that it had clinched projects for Nvidia and Shenzhen-listed IEIT Systems. The counter soared to S$0.785 at...
Stocks to watch: Keppel, UOL, Singapore Land, Q&M Dental, Aoxin Q&M, Cordlife
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Oct 13): Keppel : The indirect Keppel subsidiary M1 is facing legal proceedings...
Cordlife gets extended deadline to submit representations for potential one-year suspension
[ad_1] MOH has pushed back its deadline for submitting representations to Oct 27, from Oct 13 [SINGAPORE] Cordlife announced that the Ministry of Health (MOH) has extended its deadline to...
Shakeout in private equity weeding out weaker players, says Canadian pension fund chief
[ad_1] PRIVATE equity is undergoing a “structural transformation” where returns are being compressed and a process of “natural selection” is weeding out weaker players, said Charles Emond, president and chief...
