Asia: Markets mostly up as Trump soothes Fed fears
Asian markets were mixed on Thursday (Apr 24) after US President Donald Trump said he had “no intention” of firing the US central bank head and made conciliatory comments on his trade war…
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Fashion
Vietnam’s VinFast to open India factory on Jun 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028 Vietnamese electric vehicle maker VinFast Auto is pushing expansion into…
Las Vegas Sands drops out of contest to develop New York City area casino
Applications are due in June, with a final decision expected by December, according to the New York State Gaming Facility Location Board Las Vegas Sands is dropping efforts to…
Keppel posts more than 25% jump in Q1 net profit, expects limited direct tariff impact
Keppel’s net profit rose more than 25 per cent for the first quarter ended March, driven by improvements in its real estate and asset management arms. These profits, compared to Q1 in…
China to kick off special bond sale as tariffs threaten economy
China is set to issue the first batch of special sovereign bonds for the year on Thursday (Apr 24) as part of the stimulus announced by authorities to soften the blow from…
Boeing says China not accepting planes over US tariffs
Boeing’s CEO confirmed on Wednesday (Apr 23) that China had stopped accepting new aircraft due to the US-China trade war, as the company’s shares surged following a smaller-than-expected…
Boeing ready to resell jets as tariffs hit China trade
[SEOUL/PARIS] Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to the US rather than store it without willing buyers.…
Sinarmas Land loses free float; trading to be suspended
Shares of Sinarmas Land that are held by the public no longer make up 10 per cent of shares outstanding, following a privatisation offer by Lyon Investments receiving valid acceptances…
CapitaLand China Trust Q1 NPI slips 6.6% to 292.5 million yuan amid lower revenue
The manager of CapitaLand China Trust (CLCT) posted a net property income (NPI) of 292.5 million yuan (S$52.8 million) for the first quarter of financial year 2025, down by 6.6 per cent…
TSMC shows off new tech for stitching together bigger, faster chips
Taiwan Semiconductor Manufacturing Company (TSMC) on Wednesday (Apr 23) unveiled technology for making faster chips and putting them together in dinner-plate-sized packages that will boost…
DBS, OCBC and UOB’s recent rally a remarkable recovery, but are the risks fully priced in?
Shares of DBS, OCBC and UOB have rebounded since the announcement of US President Donald Trump’s reciprocal tariffs on Apr 2 sent shockwaves through the markets and triggered a massive…
Europe: Shares at near three-week highs as US-China trade tiff appears to ease
European shares climbed to a near three-week high on Wednesday (Apr 23), boosted by strong earnings from Europe’s largest software maker SAP, while easing trade tensions between the United…
US: Stocks rise again on more benign Trump tone on China
Wall Street stocks posted solid gains for a second straight session on Wednesday (Apr 23) as markets continued to cheer the Trump administration’s more conciliatory tone on trade…
Warner Bros. Discovery's Max joins the password-sharing crackdown
The password sharing crackdown has come for Max users. On Tuesday, the Warner Bros. Discovery-owned streaming service said it is implementing an option for its subscribers to add friends…
US: Wall Street jumps at open as Trump says he has no plans to fire Powell
Wall Street’s main indexes rallied at the open on Wednesday after US President Donald Trump dialled back on his threats to fire Federal Reserve Chair Jerome Powell and raised…
Mapletree Logistics Trust’s Q4 DPU falls 11.6%; manager warns trade tensions could weigh on performance
Lower revenue contribution from China and weak regional currencies crimped Mapletree Logistics Trust’s (MLT) earnings for its fourth quarter, with distribution per unit (DPU) falling 11.6…
Boeing reports small quarterly loss, confirms 2025 plane output targets
It reported a loss of US$123 million in Q1, smaller than the US$343 million loss in the year-ago period Boeing reported a smaller than expected quarterly loss on Wednesday (Apr…
Keppel enters joint venture to develop 19 plots of land in Tianjin
Agreement includes Keppel’s divestment of 30% stake in property developer Tianjin Fulong Keppel Ltd said its wholly owned subsidiaries have entered into an agreement with Tianjin Shunhua…
High-90s support for all resolutions at CDL’s annual general meeting
All resolutions tabled at City Developments Ltd’s (CDL’s) annual general meeting (AGM) on Wednesday (Apr 23) were passed, with support level in the high-90s range. All were ordinary…
YouTube turns 20 years old. How it changed TV as we know it
The grainy 19-second YouTube video that started it all hardly had the makings of a viral sensation. Shot at the San Diego Zoo, the primitive video clip showed Jawed Karim, the platform’s…
Singapore shares close higher on Wednesday amid potential easing of trade tensions; STI up 1%
Stocks on the Singapore bourse ended higher on Wednesday (Apr 23), tracking gains in the region. The uptick followed remarks from US President Donald Trump, who signalled no plans to…
Netflix raises price in Singapore as analysts remain neutral on counter
Netflix has raised its subscription prices in Singapore by S$2 to S$4, even as analysts remain neutral on the counter. The prices of the three subscription plans will go from S$13.98 to…
PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate…
Xiaomi delays release of first SUV after fatal road accident
Investors are betting on EVs to drive the company’s business, with China’s smartphone market suffering from fierce competition and sluggish growth Xiaomi pushed back the debut of…