News

Germany’s 34.1 billion euros pension gives mandate to China stock fund
[ad_1] [HONG KONG] A German pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move among global allocators that...
Richard Li’s FWD rises in HK debut, reversing earlier decline
[ad_1] The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilitiesPublished Mon, Jul 7, 2025 · 10:50 AM — Updated Mon, Jul 7,...
Richard Li’s FWD Group falls in Hong Kong debut after HK$3.5 billion IPO
[ad_1] The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilitiesPublished Mon, Jul 7, 2025 · 10:50 AM[HONG KONG] Billionaire Richard Li’s FWD...
Taiwan stock ETFs lead inflows in Asia with US$19 billion haul
[ad_1] [TAIPEI] Traders are swarming to equity-focused, exchange-traded funds (ETFs) listed in Taiwan, with demand from retail investors and a strong local currency driving up flows.Taiwan-listed equity ETFs have attracted...
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
[ad_1] [HONG KONG] Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist.Speaking at a triumphant launch event in Beijing...
TikTok building new version of app ahead of expected US sale: report
[ad_1] Published Mon, Jul 7, 2025 · 07:40 AM[BENGALURU] TikTok is building a new version of its app for users in the United States ahead of a planned sale of...
S&P 500 expected to rally further
[ad_1] The S&P 500 staged a remarkable comeback in the second quarter of 2025, recording a new all-time high on Jun 27, after rebounding over 28 per cent from the...
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
[ad_1] [SINGAPORE] Great Eastern Holdings said that sharing the indicative range of share values determined by its independent financial adviser (IFA) with OCBC did not breach The Singapore Code on Take-overs...
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
[ad_1] [TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products but cautioned about geopolitical and exchange rate headwinds. Revenue for...
Gold, pesos and lasers: What’s on Fidelity’s investment radar
[ad_1] [HONG KONG] A weakening US dollar and volatile equity markets were among the hotly discussed themes at Fidelity International’s Asia-Pacific Media Investment Conference in Hong Kong on Thursday (Jul...
Nanofilm to acquire remaining stake of Sydrogen from Temasek for S$15 million
[ad_1] [SINGAPORE] Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from Temasek’s unit Venezio Investments for S$15 million. The transaction represents 35 per...
Top S-Reits with lowest gearing ratios average 33.5% as investors await rate cuts
[ad_1] [singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite speculation about a potential rate cut as early as July,...