Business
CapitaLand Investment’s total revenue falls 24% to S$496 million in Q1
CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650…
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Business
Business
The IMF Has a Poor Forecasting Record
The IMF would do us a great service if it stopped pretending that it can accurately forecast the world economic outlook. Source link
Business
Singapore stocks rise on Wednesday, snapping four-day losing streak; STI up 0.7%
Across the broader market, gainers beat decliners 288 to 177, after 971.8 million securities worth S$1.4 billion change hands Equities on…
Business
Goldman sees central banks buying more renminbi, won, Singapore dollars
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their…
Business
Japan's Nikkei posts first monthly gain for the year on trade talk hopes
Japan’s Nikkei share average gained on Wednesday (Apr 30) as investors awaited developments in US-Japan tariff talks, helping the…
Business
Thailand’s central bank cuts key rate by 25 bps
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts key rate again, lowers growth forecasts as tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment…
Business
Company supplying critical EV metal ‘did not disclose’ Erin Brockovich pollutant in drinking water
One of Indonesia’s largest nickel-mining companies, which supplies a mineral critical to the global electric car industry, did not tell…
Business
Singapore investors buy 2.5 tonnes of bullion in Q1, the highest since 2010
Investors’ appetite for gold bars and coins remained strong in the first quarter of 2025. At 2.5 tonnes, the demand was up 35 per cent…
Business
HKEX posts record quarterly profit on trading, listings boom
Hong Kong’s dealmakers are optimistic of a flurry of secondary listings from mainland-traded Chinese firms this year Hong Kong’s stock…
Business
Salman Haider named head of Asean, CEO of Eastspring Singapore
This is in addition to his current role as chief distribution officer of the business Eastspring Investments, the asset management…
Business
UBS Q1 profit tops expectations on tariff-driven volatility in markets
S bank UBS on Wednesday posted better than expected first-quarter net profit, helped by stronger earnings in trading driven by market…
Business
UBS Q1 profit tops forecasts but Trump tariff shock clouds outlook
UBS on Wednesday (Apr 30) posted better-than-expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as US…
Business
Nomura’s China losses narrow as brokerage seeks turnaround
Nomura Holdings posted a smaller loss at its joint venture in China last year, as the brokerage seeks to turn around the business in the…
Business
Asia: Markets struggle as trade war hits China factory activity
Stocks started limply on Wednesday as investors struggled to match Wall Street’s rally, with data showing Chinese factory activity…
Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
Business
Hearts melt over how goldendoodle with the "color fading gene" changes
A young dog's fur transformation from dark to light went viral on TikTok, shocking the millions who watched. TikTok user @burky_boo shared…
Business
Tesla hiring over 1,000 workers to ramp up Semi truck production: report
Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp up mass production of its…
Business
Meta launches standalone AI app to compete with ChatGPT
Meta Platforms released a new standalone artificial intelligence (AI) app on Tuesday (Apr 29) in a bid to compete with other popular…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Gold prices steady as investors await key US data, tariff updates
Gold prices held their ground on Wednesday (Apr 30) as investors awaited potential trade developments between the United States and its…
Business
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
ENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer…