Politics
Houthis say US and UK ships can safely take Red Sea passage
THE Houthis said they will stop attacking US and UK vessels in the Red Sea area in response to the Israel-Hamas ceasefire agreement after…
Tag
Business
Business
STI ends 0.3% lower as investors digest Trump 2.0, no immediate China tariffs
SINGAPORE stocks closed lower on Tuesday (Jan 21), following US President Donald Trump’s second inauguration, even though most markets in…
Politics
Chinese solar panel makers close plants, scale back production in Malaysia as US tariffs bite
SEVERAL Chinese-owned solar panel makers have shut down or scaled back their operations in Malaysia, industry sources say, as US tariff…
Politics
Japan, Australia markets jump after no immediate Trump tariffs; dollar weakens
MARKETS across the Asia-Pacific region jumped, after US President Donald Trump did not immediately impose tariffs following his…
Politics
Trump hold-off on tariffs only a temporary reprieve for markets, analysts say
AS CHINA and other Asian markets react to the pause in the US-China tariff war, analysts have said that it is only a temporary reprieve,…
Business
China may seek more coal from Mongolia as Russia’s share shrinks
CHINA’S record coal purchases last year were driven by big increases in supplies from Australia and Mongolia, while Russian cargoes…
Business
Stocks to watch: Sembcorp Industries
THE following company saw new developments that may affect trading of its securities on Tuesday (Jan 21): Sembcorp Industries: Its wholly…
Politics
Panama opens audit of Chinese port operator while Trump threatens to take canal back
PANAMANIAN authorities began an audit of the China-linked company that controls two ports adjacent to the Panama Canal, as President…
Business
HSBC said to explore options for consumer banking in Australia
HSBC Holdings is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further…
Business
Nomura to rebuild FX options business stung by wave of exits
NOMURA Holdings is crafting plans to rebuild its currency options business after a wave of staff exited the division in London and New…
Business
Bank of Korea cuts growth view on political instability, Trump impact
THE Bank of Korea (BOK) cut its growth forecast for this year as the political turmoil triggered by President Yoon Suk-yeol’s short-lived…
Politics
Top Ikea retailer says in Davos that tariffs could drive prices higher
FOR budget furniture retailer Ikea, the fewer trade tariffs there are, the better, CEO of Ingka Group, the biggest global Ikea franchisee,…
Business
Asia markets wary as investors brace for barrage of executive orders from Trump 2.0
The key uncertainty is the timing and magnitude of fresh Trump tariffs, says OCBC chief economist DONALD Trump is raring to go, and he has…
Business
Chinese investors pile into Bridgewater-style funds, eyeing Trump return
CHINESE hedge fund managers are racing to launch products styled on Bridgewater Associates’ popular “All Weather” strategy, to meet hot…
Business
Julius Baer sees end to S&P 500’s bull run; positive on US banks
WITH inflation again becoming a point of concern for the US Federal Reserve, Julius Baer said investors should broaden out their…
Politics
Singapore to play ‘pivotal role’ as financial flows shift to South-east Asia amid trade tensions: Citi
SINGAPORE is set to play a “pivotal role” as capital flows shift amid uncertainty, with the world grappling with potential trade tensions…
News
LME approves Hong Kong as delivery point for metals
THE London Metal Exchange (LME) has approved Hong Kong as an LME delivery point and the listing will become active three months after the…
Business
LME approves warehousing in Hong Kong, a gateway for metals to China
THE London Metal Exchange (LME) on Monday (Jan 20) approved Hong Kong as a warehouse delivery point, seeking to boost access to mainland…
Business
China’s BYD to complete US$1 billion Indonesia plant by year-end: executive
CHINA’S top electric vehicle maker BYD aims to complete its US$1 billion plant in Indonesia at the end of 2025, the head of its local unit…
News
Singapore listcos’ boards improve in age and gender diversity, but not cultural background mix: study
SINGAPORE-LISTED companies have improved in board diversity over the past five years on most fronts – such as age and gender mix – but not…
News
Singapore listcos improve board age and gender diversity, but not cultural background mix: study
SINGAPORE-LISTED companies have improved in board diversity over the past five years on most fronts – such as age and gender mix – but not…
Business
Vietnam plans tax breaks, fee cuts to lure overseas investors
VIETNAM’S authorities are planning a series of reforms to lure more overseas investors to the stock market in an effort to ensure…
Business
Malaysia Airports buyout offer extended to Feb 4
A TAKEOVER offer for Malaysia Airports Holdings by a consortium comprising the country’s sovereign wealth fund and BlackRock has been…
Business
Indonesia opens domestic carbon market to global investors
INDONESIA’S domestic carbon exchange opened trading to foreign participants as the nation aims to restore its position as a major hub for…