News
China drives record gold ETF inflows as trade war deepens
[ad_1] [NEW YORK] Chinese investors funnelled a record amount of cash into gold-backed exchange-traded funds (ETFs) last week, drawn by the safety of the asset as combative trade war rhetoric...
Hedge funds move into Asia power market with new hires
[ad_1] [SINGAPORE/TOKYO] Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active and volatile electricity markets with the aim of offsetting...
After Trump tariffs, Malaysia gloves could be priced out in non-US markets
[ad_1] [SINGAPORE] Glove makers in Malaysia are more likely to weather the tariff-induced storm as the duties imposed on the country’s exports to the United States are lower than other...
Apple’s historic sell-off has bulls balking from tariff risks
[ad_1] [NEW YORK] A sharp sell-off in shares of Apple illustrates investor scepticism about its ability to navigate US President Donald Trump’s tariffs on China, Vietnam and India – countries...
Europe: Shares notch best session since November 2022 after tariff-sparked pullback
[ad_1] EUROPEAN shares rose from 14-month lows on Tuesday, after four straight sessions of heavy selling, although investors continued to closely watch developments as countries responded to sweeping US tariffs.The pan-European Stoxx...
Wall Street braces for souring corporate earnings amid trade war
[ad_1] [NEW YORK] US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings. And they’re not looking good. Investors...
Greenback falls as prospect of tariff talks calms global markets
[ad_1] THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald Trump will enter...
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
[ad_1] [SINGAPORE] United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into its Vietnam subsidiary, bringing its...
Rich Asian investors opt to unwind holdings amid margin calls
[ad_1] [SINGAPORE] Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral after the tumult in global markets...
Japan debt deals pulled as tariffs hit deals outlook across Asia
[ad_1] [TOKYO] Three Japanese companies have postponed the sale of 100 billion yen (S$916.7 million) worth of yen-denominated bonds in the wake of global financial market volatility induced by US...
