Business
TSMC could face US$1 billion or more fine from US probe: sources
TAIWAN Semiconductor Manufacturing Company (TSMC) could face a penalty of US$1 billion or more to settle a US export control investigation…
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Business
Business
RBNZ delivers fifth straight rate cut, signals more to come
The Monetary Policy Committee is now chaired by governor Christian Hawkesby, who has taken the role on an interim basis following the…
Business
Malaysia central bank to look beyond interest rates amid tariffs
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
Malaysia central bank to look beyond interest rates amid tariff challenges
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
China drives record gold ETF inflows as trade war deepens
Chinese investors funnelled a record amount of cash into gold-backed exchange-traded funds (ETFs) last week, drawn by the safety of the…
Business
Gold eases as Treasury yields climb; trade war in focus
Gold prices eased on Wednesday (Apr 9) as US Treasury yields ticked higher, while anxious investors monitored the escalating trade war…
Business
Hedge funds move into Asia power market with new hires
[SINGAPORE/TOKYO] Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active…
Business
Stocks to watch: UOB, SGX, Sembcorp, CDL, DBS
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 9). UOB: The bank said on…
Business
China’s EV boom masks economic pain for major auto hubs
China’s world-beating electric vehicle (EV) boom is masking lopsided economic gains, with manufacturing hubs that rely on foreign…
Business
Argentine Congress backs inquiry into Milei crypto scandal
Argentina's Congress on Tuesday backed the creation of a commission of inquiry into a cryptocurrency promoted by President Javier Milei…
Business
JPMorgan model shows recession fear in markets spiking up to 79%
JPMorgan Chase says recession fears in stocks acutely tied to America’s economy have spiked to nearly 80 per cent, while credit investors…
Business
Apple’s historic sell-off has bulls balking from tariff risks
A sharp sell-off in shares of Apple illustrates investor scepticism about its ability to navigate US President Donald Trump’s tariffs on…
Business
Oil settles down US$1 at four-year low as US-China trade war escalates
Oil prices settled down more than US$1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a…
Business
Europe: Shares notch best session since November 2022 after tariff-sparked pullback
EUROPEAN shares rose from 14-month lows on Tuesday, after four straight sessions of heavy selling, although investors continued to closely…
Business
US: S&P 500 ends 1.6% lower as tariff angst kills stocks rally
Wall Street stocks tumbled again on Tuesday as initially successful efforts to rebound from big losses faded amid worries over US…
Business
Justice Department Announces Stunning Change on Crypto Investigations
Trump’s Justice Department is going to pull back on prosecuting cryptocurrency fraud, according to a memo from Deputy Attorney General…
Business
Ex-Tesla employees aim to launch an electric roadster before Musk can
An automotive startup based in Britain aims to release an exclusive fully electric open sports car before Tesla can deliver its…
Business
US: Wall Street opens sharply higher on hopes of tariff talks
Wall Street’s main indexes opened sharply higher on Tuesday (Apr 8) after a bruising selloff that has wiped out trillions of dollars since…
Business
Wall Street braces for souring corporate earnings amid trade war
US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings.…
Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
Business
Dollar falls as prospect of tariff talks calms global markets
The US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Greenback falls as prospect of tariff talks calms global markets
THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Boomer, 68, makes eye-opening point about older women on TV, goes viral
A post highlighting how women over the age of 50 are portrayed on television has evolved since the 1980s has gone viral on Instagram. The…
Business
Nigerian make-up artist jailed for throwing cash at his wedding
A make-up artist in Nigeria has been sentenced to six months in jail for abusing the currency, the naira, by flinging it while dancing at…