Culture
Goldman Sachs raises S&P 500 return forecasts
[ad_1] Published Tue, Jul 8, 2025 · 09:02 AM[SINGAPORE] Goldman Sachs has raised its three-, six- and 12-month S&P 500 return forecasts, citing expectations of earlier and deeper US interest...
China mulls doubling Southbound Bond Connect to one trillion yuan
[ad_1] [HONG KONG] China is considering doubling an investment channel local investors use to buy bonds overseas, according to sources familiar with the matter, a major step in its efforts...
Growth of SME financial services hampered by banks’ restrictions on data: report
[ad_1] [SINGAPORE] Local banks’ restrictions on small and medium-sized enterprises’ (SME) access to their customers’ financial data are hampering API access and holding back growth in financial services for these...
Saudi Arabia’s PIF invests in New York City property near Central Park
[ad_1] Published Tue, Jul 8, 2025 · 06:32 AM[DUBAI] Saudi Arabia’s Public Investment Fund (PIF) is investing in Related’s site for a tower in midtown Manhattan.PIF has already invested about...
Oil prices up; strong demand outweighs surprisingly big Opec+ output hike
[ad_1] [HOUSTON] Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a higher-than-expected Opec+ output hike for August and fresh...
ExxonMobil sees US$1.5 billion earnings hit from lower oil, gas prices
[ad_1] The company “has a much smaller trading organisation than its European peer Shell, and thus was not impacted by the same issues”Published Tue, Jul 8, 2025 · 06:14 AM[HOUSTON]...
Singapore stocks rise on Monday; STI up 0.5%
[ad_1] [SINGAPORE] The local bourse kicked off the week on a positive note even as markets monitored how the tariff tango was unfolding. The Straits Times Index (STI) was up...
Apple supplier Lens Technology said to price HK$4.8 billion Hong Kong listing at top of range
[ad_1] The company joins the growing wave of China-listed companies seeking to go public in the city Published Mon, Jul 7, 2025 · 01:51 PM[HONG KONG] Apple supplier Lens Technology...
Germany’s 34.1 billion euros pension gives mandate to China stock fund
[ad_1] [HONG KONG] A German pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move among global allocators that...
Asia: Markets drop as Trump’s tariff deadline looms
[ad_1] [HONG KONG] Most Asian markets fell on Monday as countries fought to hammer out trade deals days before Donald Trump’s tariff deadline, though investors took heart after he said the...
