News
Industry players see room for private credit market to grow in South-east Asia
[ad_1] [SINGAPORE] Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater interest in South-east Asia, with regional governments...
Global chipmakers feel the pinch of Trump’s shifting trade policy
[ad_1] [BENGALURU] Global chip stocks were battered on Wednesday (Apr 16) on fresh evidence of how US President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and...
Nickel scam accused Ng Yu Zhi splurged on 20-carat diamond ring, and had ‘five families’: witness
[ad_1] [SINGAPORE] Alleged nickel fraudster Ng Yu Zhi had “five families” – his wife, ex-wife and three girlfriends – one of his former employees told the High Court on Wednesday...
US: Wall Street falls, Nvidia drops after new US chip export curbs
[ad_1] Published Wed, Apr 16, 2025 · 09:44 PM[NEW YORK] Wall Street fell on Wednesday (Apr 16), with the Nasdaq leading declines after Nvidia flagged steep charges from new US...
Dollar back under pressure, safe havens outperform
[ad_1] [LONDON] The dollar resumed its descent on Wednesday (Apr16), dropping across the board and losing the most ground to the Swiss franc and the euro as a new bout...
ASML warns of tariff risks, maintains forecast as AI race accelerates
[ad_1] ASML, the world’s biggest supplier of computer chip-making equipment, said on Wednesday (Apr 16) that tariffs were increasing uncertainty around its outlook for 2025 and 2026, but stood by...
Hong Kong stocks drop on trade war anxiety, China inches higher
[ad_1] [HONG KONG] Hong Kong shares fell on Wednesday (Apr 16), dragged by technology stocks, after the US restricted Nvidia chip sales to China, raising concerns of an intensifying trade...
Malaysia’s Petronas secures extra gas supply after hit from Putra Heights pipeline fire
[ad_1] Published Wed, Apr 16, 2025 · 04:27 PM[KUALA LUMPUR] Malaysian oil and gas giant Petroliam Nasional said on Wednesday (Apr 16) it has secured additional gas supplies to minimise...
Heineken’s Q1 sales slightly beat forecasts
[ad_1] “...we are performing within the range of expectations,” says CEO Dolf van den Brink [ad_2] Source link
PwC exits more than a dozen countries to avoid scandals: FT
[ad_1] Published Wed, Apr 16, 2025 · 02:13 PM[BENGALURU] PwC has shut down operations in more than a dozen countries that are deemed too small, risky or unprofitable, as the...
