Culture
Biggest US dollar slump since 2022 hints at more losses ahead
[ad_1] [SINGAPORE] The US dollar posted its worst month since 2022 after global investors cut back on US assets, with options markets still flashing warning signals.A gauge of the greenback...
Microsoft posts strong results fuelled by cloud sales growth
[ad_1] [NEW YORK] Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of new tariffs and economic turbulence.Total revenue...
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
[ad_1] [BENGALURU] European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate earnings, ending a sluggish month marred...
Morgan Stanley offers private equity fund to wider swath of millionaires
[ad_1] [NEW YORK] Morgan Stanley is launching a private equity fund for its widest audience yet – investors wielding a few million US dollars – as asset managers help broader...
US: Wall Street tumbles at the open as US economy contracts in first quarter
[ad_1] Published Wed, Apr 30, 2025 · 09:49 PM[NEW YORK] Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in...
Jardine C&C reports lower contributions across most business units in Q1 2025
[ad_1] Recent global trade tensions have created an uncertain macroeconomic environment and the company is cautious of the knock-on effects[Singapore] Jardine Cycle & Carriage (JC&C) reported lower contributions across most...
Sasseur Reit CEO Cecilia Tan steps down
[ad_1] [SINGAPORE] Cecilia Tan, chief executive officer at Sasseur Asset Management, manager of Sasseur Real Estate Investment Trust (Reit), will be stepping down on Oct 28, after over four years...
CapitaLand Investment’s total revenue falls 24% to S$496 million in Q1
[ad_1] [SINGAPORE] CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650 million in the corresponding period...
Japan’s Nikkei posts first monthly gain for the year on trade talk hopes
[ad_1] [TOKYO] Japan’s Nikkei share average gained on Wednesday (Apr 30) as investors awaited developments in US-Japan tariff talks, helping the benchmark to register its first monthly gain since December.The...