News

Trump told Fed Chair he was ‘making a mistake’ not cutting rates: White House
[ad_1] Published Fri, May 30, 2025 · 07:20 AM[WASHINGTON] US President Donald Trump on Thursday stepped up pressure on Jerome Powell to cut interest rates, the White House said, describing...
US: Stocks rise as market weighs tariff ruling
[ad_1] Published Fri, May 30, 2025 · 06:22 AM[NEW YORK]  Wall Street stocks finished modestly higher on Thursday following strong earnings from Nvidia as a judicial ruling added to uncertainty about President...
Keppel appoints ex-DBS CEO Piyush Gupta as deputy chairman from Jul 1
[ad_1] [SINGAPORE] Keppel has appointed former DBS chief executive Piyush Gupta as deputy chairman and non-executive independent director of its board, effective Jul 1. Gupta will also be appointed a...
What are private markets, and what risks should investors take note of?
[ad_1] [SINGAPORE] Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the private equity market in deal value and...
Foxconn to soon announce second Japanese auto partner, chairman says
[ad_1] The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brandsPublished Thu, May 29, 2025 · 01:45 PM[TAIPEI] Taiwan’s Foxconn will...
Shopee’s SPX Express partners Frasers Property Vietnam to build automated sorting centre
[ad_1] Facility includes advanced two-storey automated sorting machines that can sort up to 7 million parcels a day, the highest for SPX Express in Vietnam[SINGAPORE] SPX Express, Shopee’s logistics services,...
NIE, Amazon Web Services set up AI-focused innovation hub for edtech research
[ad_1] [SINGAPORE] The National Institute of Education (NIE) and Amazon Web Services (AWS) on Thursday (May 29) announced the launch of the Technology for Education Centre (TEC) – a new...
Australia aims to avoid Panama repeat in China port showdown
[ad_1] [CANBERRA] Prime Minister Anthony Albanese is confronting a fresh diplomatic dilemma with China: How to fulfil a pledge to regain control of a strategic port without jeopardising improved relations...
Sembcorp unit wins solar energy project to supply 150 MW of power in India
[ad_1] [SINGAPORE] Sembcorp Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a solar energy storage hybrid project by SJVN, an Indian state-owned power company. Sembcorp Green Infra will...
Gold touches over one-week low after US court blocks Trump’s tariffs
[ad_1] Published Thu, May 29, 2025 · 09:32 AM[BENGALURU] Gold hit a more than one-week low on Thursday (May 29), as the US dollar rallied and risk sentiment improved after...
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
[ad_1] Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building [SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) has raised S$500 million from a...
Hong Kong, Saudi bourses seek deeper ties to spur trading volume
[ad_1] [HONG KONG] Hong Kong and Saudi Arabia are ramping up efforts to boost trading activity as inflows to their exchange-traded funds (ETFs) wane and cross-listings fail to materialise.Hong Kong...