Fashion
Shein working towards Hong Kong listing after London IPO stalls
[HONG KONG] Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London failed to secure the green light...
China plans commodities overhaul to attract global investors
CHINA is on the cusp of its biggest move yet to open up its vast commodities markets, after the Shanghai Futures Exchange (SHFE) unveiled an internationalisation plan to streamline...
Tencent Music buys SM Entertainment stake in K-pop bet
[SEOUL] A Tencent Holdings subsidiary is snapping up a nearly 10 per cent stake in SM Entertainment valued at about US$180 million, marking a rare Chinese investment into a...
Asia: Stocks track Wall Street rally as trade fears ease, eyes on Japan debt
[HONG KONG] Asian equities rose on Wednesday following a Wall Street rally as traders cheered forecast-beating US consumer confidence data and a drop in bond yields, with eyes now...
New Zealand central bank cuts cash rate by 25 bps
Published Wed, May 28, 2025 · 10:39 AM[WELLINGTON] New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as...
Gold stages rebound as US dollar, Treasury yields slip
Published Wed, May 28, 2025 · 09:38 AM[BENGALURU] Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields...
Stocks to watch: OCBC, Amara, Valuetronics
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 28).OCBC: The bank announced on May 27 key leadership changes to its...
GM to invest US$888 million for engine production at New York facility
Published Wed, May 28, 2025 · 07:39 AM[DETROIT] General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,...
Drawing secondary listings to SGX may not move the needle much, but every little bit helps
AMONG the recent slew of proposals unveiled to boost the attractiveness of the local bourse to investors and companies was one relating to secondary listings. The Monetary Authority of Singapore...
Oil prices ease as US-Iran talks, Opec+ plans spur supply concerns
[HOUSTON] Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in their talks and on expectations that...
US: Stocks jump on easing tariff worries, lower bond yields
[NEW YORK] Wall Street stocks jumped on Tuesday after President Donald Trump pushed back tariffs on Europe while US Treasury bond yields retreated following last week’s surge.Trump on Monday said he...
Salesforce to acquire Informatica for $8 billion in latest AI push
Software company Salesforce said Tuesday it’s buying Informatica, which provides businesses with artificial-intelligence-powered data management tools, for $8 billion. The acquisition, one of Salesforce’s largest purchases, underscores how Bay...