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The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling eurozone economy that will take a large hit…
It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with the banking group for the…
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9% The Straits Times Index (STI) continued to rally on Thursday (Apr 17), tracking regional…
Long before Richard II ran afoul of mutinous nobles, and almost two centuries before Shakespeare wrote Richard’s portrait in majestic verse, the King took refuge in the Tower. Near the…
France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it posted first-quarter sales that slightly missed…
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion rupees (S$1.2 billion) from Warburg…
Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products such as makeup brushes and home appliances before tariff-led price…
Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional hub for meetings, incentives, conventions and…
The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and the won weakened to a 16-year low, as Donald Trump’s…
Frasers Property Industrial has entered into a capital partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing for industrial assets in Australia. The…
Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per cent from the previous year due to lower airfares…
Chinese electric vehicle (EV) maker Xpeng is ramping up its global expansion, despite the intensifying trade war between Washington and Beijing, and the European Union’s punitive tariffs…
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade…
CapitaLand Investment (CLI) announced on Thursday (Apr 17) that it intends to launch its first real estate investment trust (Reit) in China, to be named CapitaLand Commercial C-Reit…
CapitaLand Investment (CLI) is moving to list its first real estate investment trust (Reit) in China with two major malls valued at 2.8 billion yuan (S$499 million). The listing on the…
Keppel Pacific Oak US Reit (Kore) posted a distributable income of US$9.6 million for its first quarter ended Mar 31, down 19.3 per cent from US$11.9 million in the previous corresponding…
The online retailers are cutting ad spending on most platforms, according to two digital marketing firms that measure ad spending Chinese online marketplace Temu and fast-fashion…
Taiwan Semiconductor Manufacturing Co (TSMC) gave a bullish outlook for the year on robust demand for artificial intelligence (AI) applications, adding that while there was uncertainty…
Chip developer Advanced Micro Devices (AMD) on Wednesday (Apr 16) said it expects new US licensing requirements for semiconductors exported to China to cost it as much as US$800 million.…
European shares closed lower on Wednesday (Apr 16), weighed down by semiconductor-related stocks after the world’s biggest chip-making equipment supplier ASML warned that US tariffs were…
Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater interest in South-east Asia, with regional governments…
Global chip stocks were battered on Wednesday (Apr 16) on fresh evidence of how US President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and…
Alleged nickel fraudster Ng Yu Zhi had “five families” – his wife, ex-wife and three girlfriends – one of his former employees told the High Court on Wednesday (Apr 16). This prosecution…
Wall Street fell on Wednesday (Apr 16), with the Nasdaq leading declines after Nvidia flagged steep charges from new US controls on chip exports to China, the latest flashpoint in…
