News
RBNZ set to make sixth rate cut and signal bias to more easing
[ad_1] [WELLINGTON] New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade barriers dim the...
Bukit Sembawang H2 earnings up 13% at S$51.4 million; company proposes higher special dividend
[ad_1] [SINGAPORE] Property developer Bukit Sembawang Estates reported net profit after tax of S$51.4 million for the second half of its financial year ending Mar 31, a 13 per cent...
Boustead’s H2 profit up 48 per cent to S$59.1 million
[ad_1] [SINGAPORE] Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024 increased 58 per cent to S$59.1 million compared to the year-ago period....
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
[ad_1] Alliance reflects growing momentum towards a regionally integrated Asean Power Grid[KUALA LUMPUR] Four energy companies from Malaysia, Singapore and Vietnam have inked an agreement to explore the export of...
Maybank Q1 net profit rises 4% to RM2.6 billion
[ad_1] [SINGAPORE] Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM2.5 billion in the previous corresponding period....
China raises cross-border renminbi use requirement for major banks
[ad_1] The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global tradePublished Mon, May 26, 2025 · 07:21 PM[BEIJING] China’s central bank asked its major...
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
[ad_1] [BEIJING] Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam while also looking to secure more long-term...
France, Vietnam sign Airbus, satellite deals as Macron visits Hanoi
[ad_1] [HANOI] France and Vietnam signed a deal on Monday (May 26) for 20 Airbus planes, among other pacts, as President Emmanuel Macron visited Hanoi seeking to boost France’s influence...
Asia’s rich trim US exposure, head to Europe amid tariff turmoil
[ad_1] [SINGAPORE] Asian private banking clients sprung into action over the past month, refusing to sit idle despite the whiplash in global financial markets caused by the tariff turmoil. Individuals...
Goldman Sachs expects stronger yuan to boost Chinese stocks
[ad_1] The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cutsPublished Mon, May 26, 2025 · 12:01 PMCHINESE stocks...
