Entrepreneurship
Hyundai to suspend EV production in South Korea due to slow demand, US tariffs
The suspension comes as EV orders from major markets have fallen sharply in April Published Thu, Apr 17, 2025 · 08:07 PM[SEOUL] Hyundai Motor plans to temporarily suspend production...
Blackstone’s Q1 profit beats on robust private equity, credit performance
[WASHINGTON] Blackstone reported a higher-than-expected profit for the first quarter on Thursday (Apr 17), driven by proceeds from asset sales across its private equity and credit businesses.Policy uncertainty under...
Temu, Shein see US sales surge ahead of small parcel tariff
[NEW YORK] Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products such as makeup brushes and home appliances before...
‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status
[SINGAPORE] Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional hub for meetings, incentives, conventions and exhibitions (Mice) and...
Bank of Korea holds rate steady while citing big rise in downside risks
[SEOUL] The Bank of Korea kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have emerged since February, in a dovish...
Insurance Claims: The New AI Reality
The world of insurance claims is changing fast, and a big part of that change is artificial intelligence (AI). While some worry that AI might take over, the reality...
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
[TOKYO] PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade...
China stares down Boeing parts shortage as Comac stockpiles
[NEW YORK] China is hunkering down for a trade war winter without American-made jets and aircraft parts.With China banning Boeing jets as part of its retaliation to US President...
Keppel DC Reit Q1 DPU up by 14.2% at S$0.02503 on acquisitions, strong portfolio performance
[SINGAPORE] Keppel Data Centre Reit (Keppel DC Reit) recorded a higher distribution per unit (DPU) of S$0.02503 for the first quarter, up 14.2 per cent from S$0.02192 in the...
Keppel Pacific Oak US Reit Q1 distributable income continues slide, tumbling 19.3% to US$9.6 million
[SINGAPORE] Keppel Pacific Oak US Reit (Kore) posted a distributable income of US$9.6 million for its first quarter ended Mar 31, down 19.3 per cent from US$11.9 million in...
