Culture
Asia’s rich trim US exposure, head to Europe amid tariff turmoil
Asian private banking clients sprung into action over the past month, refusing to sit idle despite the whiplash in global financial…
Section
Culture
Culture
Goldman Sachs expects stronger yuan to boost Chinese stocks
The onshore yuan has gained around 1.4 per cent versus the greenback in May, and reached 7.1674 on Monday, its strongest level since…
Culture
Saudi Aramco considers asset sales to free up funds: sources
Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it…
Culture
Gold retreats from two-week high as Trump extends EU tariff deadline
Gold prices slipped from a two-week high on Monday (May 26) after US President Donald Trump set a Jul 9 deadline for a trade deal with the…
Culture
Stocks to watch: Sats, The Hour Glass, Japan Foods, Manulife US Reit
The following companies saw new developments that may affect trading of their securities on Monday (May 26). Sats: The in-flight caterer…
Culture
Shipping bottlenecks in Europe send a warning signal to US, Asia
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could…
Culture
US risks losing ‘reliable investment’ status, Allianz Global Investors manager says
Inside one of Europe’s biggest asset managers, there’s growing concern that Republican efforts to gut legislation supporting key…
Culture
Will more S-Reits soon exit the local market?
WHEN the proposed privatisation of Frasers Hospitality Trust (FHT) was unveiled on May 14, I couldn’t help feeling rather disheartened –…
Culture
Europe’s shipping bottlenecks expected to persist into July
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could…
Culture
Reit privatisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head
Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment…
Culture
China publishes draft guidance for online-platform merchant fees
The Chinese regulator has published draft guidelines for fees that online platforms charge third-party merchants, an important source of…
Culture
Japan Foods H2 loss widens to S$6.2 million amid ‘challenging year’ for Singapore F&B
Restaurant operator Japan Foods on Sunday (May 25) reported a loss of S$6.2 million for the second half ended Mar 31, 2025, sinking…
Culture
MAS to shortlist fund managers for S$5 billion Equity Market Development Programme by Q3
The Monetary Authority of Singapore (MAS) will shortlist fund managers for its S$5 billion Equity Market Development Programme by the…
Culture
US dollar tumbles as Trump’s EU tariff talk spurs investor flight
The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again…
Culture
Riverstone and Ho Bee Land chairmen make fresh share purchases
Over the five trading sessions from May 16 to 22, institutions were net sellers of Singapore stocks, with net institutional outflows of…
Culture
Tether focuses elsewhere while US seeks to regulate stablecoins
While Congress is considering bills that would help integrate stablecoins more into mainstream finance, the largest issuer of the digital…
Culture
‘Little, little screws’ one of many hurdles to US-made iPhones
President Donald Trump’s bid to bring manufacturing of Apple’s iPhone to the United States faces many legal and economic challenges,…
Culture
Advisory firm Glass Lewis backs Toyota chairman re-election
Akio Toyoda’s position at the automaker has come under scrutiny over governance concerns Advisory firm Glass Lewis has recommended…
Culture
Trump signs orders to revive US leadership in nuclear power
US President Donald Trump on Friday (May 23) signed orders meant to accelerate the construction of nuclear power plants, including small,…
Culture
Salesforce is back in talks to acquire Informatica
Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the…
Culture
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT)…
Culture
China’s GAC starts auto sales in Brazil, eyes local plant by late 2026
Chinese automaker GAC announced on Friday (May 23) its product launch in Brazil, saying it expects its line of hybrid and electric cars to…
Culture
US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
The US Justice Department (DOJ) said on Friday (May 23) it has struck a deal in principle with Boeing to allow it to avoid prosecution in…
Culture
Trump shocks with US Steel-Nippon approval but details elusive
US President Donald Trump on Friday (May 23) announced a partnership between United States Steel and Japan’s Nippon Steel, shocking…