News
Tariff-fuelled volatility killing private equity optimism as deal flows squeezed
[ad_1] [SINGAPORE] In just three months, private equity markets’ initial optimism for a busier year has largely dissipated. Instead, the turmoil unleashed on global financial markets by President Donald Trump’s...
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
[ad_1] [PARIS] France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it posted first-quarter sales...
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
[ad_1] The Mumbai-based lender will issue 1.25 billion preference shares to the investorsPublished Thu, Apr 17, 2025 · 01:12 PM[MUMBAI] IDFC First Bank has approved a plan to raise 75...
ECB to cut rates again to help economy overcome trade turmoil
[ad_1] [FRANKFURT] The European Central Bank (ECB) is expected to cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already...
Bank of Korea holds rate steady after inflation sped up and won wobbled
[ad_1] [SEOUL] The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and the won weakened to a 16-year low...
Malaysia Airlines parent reports lower profit in 2024
[ad_1] [KUALA LUMPUR] Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per cent from the previous year due...
EV maker Xpeng charts steady global expansion despite tariff war
[ad_1] [HONG KONG] Chinese electric vehicle (EV) maker Xpeng is ramping up its global expansion, despite the intensifying trade war between Washington and Beijing, and the European Union’s punitive tariffs...
Gold continues record rally as trade war woes fuel safe-haven demand
[ad_1] Published Thu, Apr 17, 2025 · 09:24 AM[BENGALURU] Gold extended its record rally on Thursday (Apr 17) as investors sought refuge in safe-haven assets amid an intensifying global trade...
Stocks to watch: CapitaLand Investment, Keppel DC Reit, Nam Cheong, Kore
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of its securities on Thursday (Apr 17).CapitaLand Investment (CLI): The real estate investment manager announced on Thursday that...
Perplexity in talks to integrate assistant into Samsung, Motorola phones
[ad_1] [LOS ANGELES] Perplexity AI, an artificial intelligence (AI) startup vying with Google and OpenAI, is ramping up efforts to get prime placement for its virtual assistant on smartphones. The...
