Culture

HSBC Q1 profit drops 25%; launches US$3 billion share buyback
Published Tue, Apr 29, 2025 · 12:35 PM — Updated Tue, Apr 29, 2025 · 01:25 PM[HONG KONG] HSBC Bank launched a US$3 billion share buyback after reporting a 25...

These Singapore names are potential winners from election Budget, tariff volatility: Maybank
[SINGAPORE] The Republic’s domestic-oriented stocks could emerge as spillover beneficiaries amid tariff volatility in spite of Singapore’s high trade dependency, said Maybank. That includes sectors such as property and...

China still backs overseas coal plants despite 2021 pledge, research shows
[SINGAPORE] Chinese firms are still building new coal-fired power plants in Indonesia despite a 2021 pledge to stop financing coal projects overseas, according to an analysis of energy investments...

Australian, New Zealand dollars make the most of US tariff tangle
[SYDNEY] The Australian and New Zealand dollars were making another attempt at topside resistance on Tuesday as conflicting comments over White House tariff policies undermined confidence in their US...

Indonesian bonds set for first foreign outflows in five months
[JAKARTA] Indonesia’s sovereign bond market is on course for its first monthly foreign outflows of the year as economic instability and a falling rupiah erode investor confidence. Foreign investors...

UPS in talks with startup Figure AI to deploy humanoid robots
A growing number of startups and Big Tech firms are seizing on recent advances in AI technology to develop robots that look and move more like peoplePublished Tue, Apr...

XPeng Motors: A car company that doesn’t really want to be one in the first place
[HONG KONG] Right before He Xiaopeng went on stage to launch the 2025 XPeng X9 car, he battled what he called a “miserable” cold.“I slept for 30 out of...

US: Stocks open higher as busy week for earnings, data kicks off
Published Mon, Apr 28, 2025 · 09:47 PM[new york] Wall Street’s main indexes opened slightly higher on Monday (Apr 28), as investors braced for a week packed with key...

China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
Published Mon, Apr 28, 2025 · 08:32 PM[BENGALURU] China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish...

LMIRT Q1 net property income dips 2.4% to S$29.2 million
[SINGAPORE] Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for the first quarter ended...

Investing in influencers – Azure Capital partners Gushcloud in fund to support creators, with up to 12.5% returns
[SINGAPORE] The Azure-Gushcloud Entertainment Finance Fund, launched in February 2025, has hit its initial target of raising S$10 million from investors.The fund promises investors a return of 12.5 per...