News
Tesla not keen on local production in India, minister says
[ad_1] [NEW DELHI] Tesla does not want to produce cars in India, a federal minister said on Monday (Jun 2) as the government finalised its electric vehicle policy, with the...
Azeus Systems shares surge 16.6% as earnings, dividends double
[ad_1] [SINGAPORE] Shares of Azeus Systems jumped as much as 16.6 per cent on Monday (Jun 2), after the company reported a surge in net profits.
The counter hit a...
Citigroup names Bank of America veteran Zhang as new China country head
[ad_1] Published Mon, Jun 2, 2025 · 01:50 PM[HONG KONG] Citigroup said on Monday (Jun 2) that it had appointed Zhang Wenjie as its new country officer and banking head...
ECB expected to cut rates again as Trump trade war rumbles on
[ad_1] [FRANKFURT] The European Central Bank (ECB) is expected to deliver its seventh-straight interest rate cut this week as US President Donald Trump’s volatile trade policies add to headwinds for...
BYD faces growing backlash over EV price war as May sales jump
[ad_1] [HONG KONG] BYD shares continued their plunge despite monthly sales climbing to the highest this year as the steep discounts the industry uses to entice buyers draws scrutiny from...
Grand Venture Tech shares up 11.9% on paused Malaysian listing amid potential share offer
[ad_1] None of the directors or substantial holders of GVT, or their associates, have interest in the matter[SINGAPORE] Grand Venture Technology (GVT) shares soared on Monday (Jun 2) morning after...
Gold prices climb on softer US dollar, Trump’s fresh tariff threat
[ad_1] Investors now see a 50-basis-point rate cut by the US Federal Reserve this year, starting in OctoberPublished Mon, Jun 2, 2025 · 10:01 AM[BENGALURU] Gold prices climbed on Monday...
Morgan Stanley sees dollar falling 9% on slowing US growth bets
[ad_1] [SINGAPORE] The US dollar will tumble to levels last seen during the Covid-19 pandemic by the middle of next year, hit by interest rate cuts and slowing growth, according...
Thailand’s stalled cash handout scheme sours voters on ruling party
[ad_1] [BANGKOK] Rungthiwa Pimphanit waited months for a long-promised cash handout of 10,000 baht (S$395) from Thailand’s ruling party, which she backed in 2023 elections, but now the scheme to...
Oil advances as Opec+ supply boost vies with geopolitical risk
[ad_1] Published Mon, Jun 2, 2025 · 08:02 AM[SINGAPORE] Oil gained as a third straight production increase by the Organization of the Petroleum Exporting Countries and its allies (Opec+) vied...
S-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy
[ad_1] [SINGAPORE] Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025, underpinned by positive rental reversions, stable occupancy, and continued demand...
