Business
Over a Dozen Officials Dumped Stocks Just as Trump Crashed the Market
In March, Musk walked into what he understood to be an ambush, facing heated backlash from Secretary of State Marco Rubio, Veterans…
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market
Business
Apac family offices favour developed market equities, bonds: UBS report
Family offices (FOs) in the Asia-Pacific favoured equities and bonds from developed markets in 2024 and plan to increase their strategic…
Politics
Maersk cuts global container market outlook on tariff war
Maersk sees global container volume market in the range of 1% decline to growth of 4% this year Danish container giant AP Moller-Maersk…
Business
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs…
Business
Vietnam launches long-awaited new trading system, moves closer to market upgrade
Vietnam’s Ho Chi Minh Stock Exchange (HoSE), on Monday (May 5), officially rolled out the most comprehensive infrastructure overhaul to…
Business
GE2025 results expected to have limited impact on Singapore stocks, say market watchers
While Saturday’s General Election (GE) offers a welcome signal for investors who value political stability, market watchers say its impact…
News
Seven killed in South Sudan hospital and market bombing, charity says
At least seven people have been killed after a hospital and market were bombed in South Sudan, a medical charity has said, as fears grow…
Business
"Bright spot" in housing market expected to be short lived
New home sales surged in March, offering a rare glimmer of optimism for the U.S. housing market, but the boost may be short-lived as…
Business
Indonesia’s state banks eye bigger share of growing wealth market in Singapore
Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in…
News
New Data Provide a Pre-Tariff Snapshot of a Stable but Slowing Labor Market
The labor market remained sound in March, with job openings declining but layoffs remaining near record lows, while rates of new hiring…
Business
First Sponsor reports subdued market sentiments affecting China property development in Q1 2025
It remains cautiously optimistic that government support this year will contribute to gradual market recovery in country First Sponsor…
Business
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high…
Business
CapitaLand Investment looks to expand in US, Europe while navigating market uncertainty
CapitaLand Investment (CLI) seeks to grow its presence in the United States and Europe which are mature markets with deep pools of…
Business
Bitcoin Rebounds to $83K After Sharp Fall, Global Crypto Market Shows Mixed Trends in March 2025
Only two months ago, on January 20th, 2025, with President Trump's inauguration, Bitcoin reached its all-time high price of $109,350. The…
Business
US: Stocks extend rally as market eyes busy calendar next week
Wall Street stocks overcame early weakness Friday (Apr 26) to push higher for a fourth straight positive session, following gains in most…
Politics
Renault to cut costs as US tariffs lash car market
French carmaker Renault said on Thursday (Apr 24) it will seek to further cut costs as US tariffs shake up the global car market. Renault…
Politics
Trump reversals on Fed chair, China tariffs send markets higher
WASHINGTON — The Trump administration is looking for an off-ramp from the trade war it started with China earlier this month, calling its…
Politics
Trump Tariffs Send Stock Market Plummeting to Great Depression Levels
But Hegseth and Donald Trump are refusing to admit he did anything wrong, instead painting the defense secretary as MAGA’s latest victim…
Business
Bitcoin rallies 20% during market turmoil to diverge from tech
Bitcoin advanced to the highest level since early March, fueling optimism that the biggest digital token is finally breaking free of a…
Business
Miami housing market suffers "breathtaking" collapse in demand
The Miami housing market's pandemic boom is finally coming to a slowdown, as inventory rises and sales fall amid growing uncertainty over…
Business
Candy maker YLF cites market souring on US tariffs as reason to withdraw Singapore IPO
Sentiment is ‘badly shaken’ with the current uncertainty, says its chief executive YLF Group Marketing – the maker of Pikin plum candies –…
Business
Industry players see room for private credit market to grow in South-east Asia
Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater…
Business
Stock Market Tanks After Fed Chair Powell’s Ominous Warning
After Jerome Powell issued a warning about the economic consequences of tariffs Wednesday, the stock market fell, seeming to confirm his…
Business
Hermes’ market value surpasses that of former suitor LVMH
Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a…