Business
Temasek-backed ABC Impact finishes final close of second fund with more than US$600 million
Asia-focused private equity firm ABC Impact completed the final closing of its second fund, which is backed by Temasek, at more than…
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Qatar to invest US$2 billion in Indonesia sovereign wealth fund
Prabowo is on a five-nation tour of the Middle East, visiting the United Arab Emirates, Turkey, Egypt, Qatar and Jordan to boost bilateral…
Business
These China sectors and stocks are bucking the trend amid market volatility
Global markets have been nothing but volatile on the back of tariff-induced swings – but China stocks were an outlier last week. From Apr…
Business
OCI is said to put brakes on Malaysia IPO plan on market turmoil
The polysilicon industry has struggled with a huge surplus, with far too much capacity built relative to demand, resulting in prices of…
Business
Upgrading Paragon as part of a listed Reit
As the local bourse waits for potential new real estate investment trust (Reit) listings to materialise, Paragon Reit,which went public in…
News
Posts misrepresent Canadian ruling on Sri Lanka civil war remembrance bill
The Supreme Court of Canada upheld a provincial law commemorating the thousands of civilians who were killed during a 2009 military…
Business
Indonesia’s foreign reserves hit record high despite rupiah rout
Domestic concerns, such as the fiscal outlook and slowing economic growth amid President Prabowo Subianto’s shuffling of policy…
Business
GXS acquires fintech Validus’ Singapore business to boost business banking offerings
GXS Bank announced on Monday (Apr 14) that it has acquired digital lending platform Validus Investment’s Singapore business. The all-cash…
Business
Asia: Stocks rise on electronics tariffs exemption, gold hits new high
Asian stocks rose on Monday as trade war fears were tempered by Donald Trump’s announcement of tariff exemptions for electronics, though…
News
Solar park boom threatens Spain's centuries-old olive trees
At his farm in southern Spain, Francisco Campos looked worriedly at a green sea of centuries-old olive trees that he fears will face the…
Business
Goldman cuts targets on China stocks for second time this month
The firm has long been bullish, often going against the tide during the market’s multiyear slump Strategists at Goldman Sachs cut their…
News
Helicopter tour company shuts down after fatal Hudson River crash
The Federal Aviation Administration (FAA) announced Sunday that New York Helicopter Tours (also known as New York Helicopter Charter) is…
Politics
Bank of Japan’s Ueda warns of heightened uncertainty from US tariff policy
) Bank of Japan Governor Kazuo Ueda said on Monday global and domestic economic uncertainty has increased sharply due to US tariff policy.…
News
Companies getting ‘a bit tired’ of tariff chaos, DHL CEO says
Fatigue is setting in among companies and manufacturers trying to navigate US President Donald Trump’s whipsawing tariff moves, according…
News
Why tourist information centers are some of Asia’s top tourist attractions
Many travelers associate tourist information centers with maps and help finding a nearby public bathroom. But Tammy Mermelstein counts her…
News
Mario Vargas Llosa dies at 89: Nobel laureate from Peru was the last of 'El Boom' novelists
LIMA, Peru — Mario Vargas Llosa became a writer out of love. He also became a writer out of spite. There was his early passion for…
Business
Battered dollar steadies but investors brace for more tariff volatility
The US dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the…
News
Spartanburg Synagogue hosts first community Passover Seder in 20 years
SPARTANBURG, S.C. – An upstate synagogue took part in an ancient tradition for the first time in decades. On Sunday afternoon, Temple…
Business
Buyout firms get creative on Gulf trips in bid for bigger checks
The giants of private equity have spent years trying to cozy up to Middle Eastern wealth funds to secure massive checks. US President…
Politics
Gold dips as Trump eases trade tensions with tariff exemptions
Gold prices dropped on Monday (Apr 14) as US President Donald Trump eased trade tensions by granting tariff exemptions on smartphones,…
Politics
UK rushes to find materials to keep British Steel plant running
UK officials are rushing to secure the raw materials needed to keep Britain’s last primary steel manufacturer running, with other…
News
Rory McIlroy Breaks Down in Butler Cabin amid Winning the Masters
After 11 years of perseverance and determination, Rory McIlroy finally secured his elusive Grand Slam win, donning the iconic green jacket…
Business
Olam to divest remaining Olam Group assets to fund business reorganisation
Olam Group will invest US$500 million equity into Olam Food Ingredients (ofi) within the next three months, while de-leveraging the…
Business
Property tycoon Ong Beng Seng to step down as HPL managing director
The property tycoon will devote more time to managing his rare white blood cell cancer Hotel Properties Limited (HPL) announced on Monday…