News

Contributor: It’s no metaphor — undersea cables hold together our precarious modern life
[ad_1] In the early days of the pandemic, I began pondering the idea of healing. I stumbled upon a story about a cable repair vessel, the Leon Thevenin, which had...
Asia: Markets mixed as autos suffer more tariff-fuelled losses
[ad_1] [HONG KONG]  Asian markets were mixed on Friday as traders brace for next week’s expected wave of US tariffs, while auto firms extended their painful losses following President Donald...
Sinarmas Land soars 23.6% on privatisation offer
[ad_1] The offer is a 12.7% premium over the company’s last traded price of S$0.275 on Mar 24[SINGAPORE] Shares of Sinarmas Land surged on Friday (Mar 28) morning after it...
Director at KIT trustee-manager to step down on Apr 15
[ad_1] [SINGAPORE] The manager of Keppel Infrastructure Trust (KIT) announced that non-executive, independent director Mark Yeo will step down from his position immediately after its upcoming annual general meeting (AGM)...
Why DBS shares increased 270% in 15 years – Piyush Gupta’s strategy explained
[ad_1] He steps down on Friday (Mar 28) at the close of the bank’s 26th annual general meeting[SINGAPORE] After helming DBS for more than 15 years, the bank’s chief executive...
Europe: Shares at lowest in nearly two weeks as Trump’s auto tariff dents sentiment
[ad_1] EUROPEAN shares ended at their lowest in nearly two weeks on Thursday, dragged by auto stocks after US President Donald Trump announced 25 per cent import tariffs on all vehicles...
Euro steady as Trump’s car tariffs loom next week
[ad_1] THE euro was steady, rising off a three-week low earlier on Thursday (Mar 27), with US President Donald Trump’s 25 per cent tariff on imported cars and light trucks...
Porsche, Mercedes face 3.4 billion euros hit from Trump auto tariffs
[ad_1] To offset the impact, manufacturers may have to raise prices or shift more production to the US[FRANKFURT] Porsche and Mercedes-Benz Group will be hit hardest by President Donald Trump’s...
MAS seeks feedback on proposals giving retail investors access to private market assets
[ad_1] The move signals a broadening of access to such illiquid investments beyond wealthy individuals [SINGAPORE] Retail investors in Singapore may soon be able to channel funds into private market...
Saudi Aramco looks to invest in Indian refineries
[ad_1] [NEW DELHI] Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude...
SK Hynix says some customers brought forward orders ahead of US tariffs
[ad_1] [ICHEON] South Korea’s SK Hynix, the world’s second-largest memory chipmaker, said on Thursday (Mar 27) that some customers have brought forward orders in preparation for new US tariffs on...
China pauses new deals with Li Ka-shing family after Panama ports plan
[ad_1] [NEW YORK] China has told state-owned firms to hold off on any new collaboration with businesses linked to Li Ka-shing and his family, according to people familiar with the...