News

The Hour Glass to acquire newly incorporated SPV for A$90 million
[ad_1] Move is in line with the group’s strategy to continue expanding its presence in the country[SINGAPORE] The Hour Glass’ wholly owned unit in Australia has signed a deal to...
Stocks to watch: Sembcorp, The Hour Glass, Wee Hur Holdings
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of its securities on Monday (Apr 7):Sembcorp Industries: Sembcorp Industries is “well-positioned” to achieve its target of 25...
Oil prices extend losses on fears global trade war could slow economy
[ad_1] [TOKYO] Oil prices fell more than 3 per cent on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the global...
UK unveils support for tariff-hit auto sector to go green
[ad_1] [LONDON] The UK government on Sunday unveiled plans to give carmakers more flexibility in transitioning to electric vehicles in a bid to boost the sector in the face of...
Should you go crazy for crypto?
[ad_1] TIME to buy the cryptocurrency dip? Many think so, after watching others seemingly reap instant rewards as Bitcoin surged in December and January amid optimism over “pro-crypto” US President...
Taiwan announces temporary short-selling curbs after US tariffs
[ad_1] [TAIPEI] Taiwan’s top financial regulator said on Sunday (Apr 6) that it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from US...
Oil price in freefall reorders global energy landscape
[ad_1] The plunge in oil prices following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from the Organization of the Petroleum Exporting Countries and...
US dollar recovers after Fed signals caution on future easing
[ad_1] [NEW YORK] The US dollar rebounded against major currencies such as the euro and yen on Friday (Apr 4) after Federal Reserve Chairman Jerome Powell acknowledged the repercussions of...
S-Reits record net institutional inflows in March as sector snaps 5-month losing streak
[ad_1] [SINGAPORE] Global markets experienced a sell-off after US President Donald Trump imposed a 10 per cent baseline tariff on imported goods from all countries starting Apr 5. US markets...
Trump’s ‘Liberation Day’ will go down in history – just not as he hoped
[ad_1] IT’S starting to look like one of the largest self-inflicted wounds the US has ever suffered. The broad S&P 500 – the measure of US economic expectations and the cornerstone...
‘Nowhere to hide.’ How Apple and others in Silicon Valley are bracing for Trump tariffs
[ad_1] SAN FRANCISCO  — The iPhone is a quintessentially 21st century product — Californian in its creation and design and now enmeshed in the global economy.Apple makes most of its iPhones...
China says ‘market has spoken’ after US tariffs spark sell-off
[ad_1] Trump has introduced additional 34 per cent tariffs on Chinese goods as part of steep levies imposed on most US trade partners[BEIJING] China said on Saturday (Apr 5) “the...