Entrepreneurship
Tech giants test investors’ patience with AI spending spree
Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter[SEATTLE] The largest technology companies are betting on an artificial intelligence (AI) future...
Trump cuts China tariffs to 47%, says strikes deal with China’s Xi on rare earth exports
[BUSAN, South Korea] US President Donald Trump said he had struck a deal to reduce tariffs on China to 47 per cent in exchange for Beijing resuming US soybean...
Bank of Japan keeps interest rates unchanged
[TOKYO] The Bank of Japan kept interest rates on hold Thursday at 0.5 per cent, as widely expected by economists.The announcement came after the first monetary policy meeting since...
Asia: Stocks muted with all eyes on Trump-Xi meeting
ASIAN stocks were subdued on Thursday morning, with investors closely watching talks between the leaders of the United States and China for potential breakthroughs to defuse a damaging trade...
China stocks retreat from decade high as Trump-Xi trade deal yields few surprises
Investors cheer easing US-China tensions but stay cautious, wary a final deal may disappoint[HONG KONG] Chinese shares pulled back from a decade high on Thursday (Oct 30) as US...
Indonesian bonds seen extending rally on rate-cut expectations
[JAKARTA] Indonesian bonds have room to rally further, according to strategists, on expectations of further interest-rate cuts by the central bank.Nomura Holdings says the benchmark 10-year yield may slide...
Vietnam equity outflows ease on currency rebound, growth hopes
[HANOI] Foreign outflows from Vietnam stocks are easing, helped by renewed strength in the country’s currency and lower valuations.Global funds sold a net US$723 million of local shares this...
CDL Hospitality Trusts Q3 NPI falls 5.6% to S$34.3 million
[SINGAPORE] Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 5.6 per cent to S$34.3 million for the third quarter ended Sep 30, from S$36.3 million in the...
Hong Kong central bank cuts interest rate, tracking Fed move
[HONG KONG] Hong Kong’s de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25 per cent, tracking a cut by the US Federal...
CapitaLand China Trust’s Q3 net property income down 8.5% at 273.5 million yuan
[SINGAPORE] CapitaLand China Trust posted net property income (NPI) of 273.5 million yuan (S$50 million) for its third quarter ended Sep 30, down 8.5 per cent from 298.9 million...
