News

Evergrande, HNA units ordered to liquidate by Hong Kong judge
[ad_1] UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their...
Indonesia’s INA, Japan’s DBJ launch hybrid fund for mid-sized businesses
[ad_1] Indonesia has emerged as a crucial market for several Japanese financial institutions in South-east Asia to expand their businesses in the countryINDONESIA Investment Authority (INA), the country’s first sovereign...
Gold gains as investors eye Trump tariff moves
[ad_1] GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more insights on US President Donald...
HSBC investors back CEO’s investment banking retrenchment
[ad_1] INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital...
China slows rather than halts copper smelting’s breakneck growth
[ad_1] THE Chinese government is getting serious about constraining the blind expansion of copper smelters, although its new policy is likely to pause rather than stop development.Eleven ministries signed an...
SingPost appoints former SGX CFO and former SIA Engineering CEO as new non-executive, independent directors
[ad_1] SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and Ng Chin Hwee.Ng formerly served as chief executive officer...
Apple aims to boost Vision Pro with AI features, spatial content app
[ad_1] APPLE is planning to add Apple Intelligence to its Vision Pro headset, along with an updated mode for guest users and a spatial content app, as it seeks to...
Australia set for first rate cut since 2020 as trade risks mount
[ad_1] AUSTRALIA’S central bank is poised to cut interest rates for the first time in four years even as the board remains alert to potential inflationary pressures from mounting global...
STI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run
[ad_1] GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the economic benefits of a more vibrant local market ecosystemThe Straits Times Index (STI)...
Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
[ad_1] Intel’s rivals Taiwan Semiconductor Manufacturing Co (TSMC) and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported on...
Data centre S-Reits report growth in latest results
[ad_1] THE rise of artificial intelligence (AI) has been a key theme for investors in recent years, and data centre (DC) assets are likely beneficiaries as the adoption of such...
Falling yields pile pressure on China’s insurers
[ad_1] CHINA’S insurance companies reported higher investment returns in 2024 despite falling market interest rates and an economy flirting with deflation, as the bond market soared, the stock market took off in...