News
Singapore election 2025: PM Wong at Fullerton rally warns that losing ministers would weaken Singapore
[ad_1] [SINGAPORE] Losing three or four ministers would weaken both the government and the country, at an already challenging time, said Prime Minister Lawrence Wong on Monday (Apr 28).A vote...
iFast plunges 12% after cutting its Hong Kong profit guidance
[ad_1] This is after the company lowered its 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million [SINGAPORE] iFast shares plunged as much as 12 per...
Japan denies report citing Bessent’s push for strong yen
[ad_1] Trump’s past remarks accusing Japan of intentionally maintaining a weak yen, have fuelled market expectations that Tokyo will face pressure to strengthen the yen’s value against the US dollar...
Thai bonds see rush of inflows on rate-cut bets, gold prices
[ad_1] [BANGKOK] Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger baht due to surging gold...
Oil edges up despite murky economic outlook, potential Opec+ supply hike
[ad_1] [SINGAPORE] Oil prices inched up in early trade on Monday but remained dogged by uncertainty over trade talks between the US and China clouding the outlook for global growth...
Gold falls on firmer dollar, US-China trade tension subside
[ad_1] Published Mon, Apr 28, 2025 · 09:09 AM[BENGALURU] Gold prices eased on Monday (Apr 28) as the thawing of trade tensions between the US and China provided some relief...
China’s Huawei develops new AI chip, seeking to match Nvidia: WSJ
[ad_1] The Chinese company hopes that the latest iteration of its Ascend AI processors will be more powerful than Nvidia’s H100Published Mon, Apr 28, 2025 · 08:25 AM[BENGALURU] China’s Huawei...
CapitaLand Investment’s launch of new C-Reit comes as it takes long-term view of China business
[ad_1] [SINGAPORE] CapitaLand Investment (CLI) holds a long-term view of its business in China where it has built a strong foundation as part of the CapitaLand Group for over 30...
OCBC-GEH saga: Could the insurer’s suspension be resolved through a selective capital reduction?
[ad_1] At OCBC’s annual general meeting on Apr 17, chairman Andrew Lee left no doubt that the banking group has been unmoved by calls for it to distribute its stake...
China says CK Hutchison’s ports deal must not try to avoid antitrust review
[ad_1] [BEIJING] China’s top market regulator said on Sunday (Apr 27) that it was paying close attention to CK Hutchison’s planned sale of most of its ports operations to a...
