News
BMW boosts profit margin for cars in third quarter
BMW reported an operating margin of 5.2% for its automotive unit in the July-to-September period[BERLIN] German carmaker BMW posted a higher-than-forecast profit margin in its core car business in...
China’s ICBC to open vault boosting Hong Kong’s gold ambitions
[BEIJING] China’s largest state-owned bank plans to open a precious metals depository at Hong Kong International Airport, offering a boost to both the lender’s trading operations and the city’s...
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su[SINGAPORE] The US dollar has lost significant value in 2025 amid tariff uncertainty, rising...
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon[BEIJING] Some 20 kilometres out from the port of Tianjin, in...
Indonesian bonds hit by foreign fund outflows on policy woes
[JAKARTA] Foreign investors sold Indonesian government bonds again last month, underscoring concerns over the government’s plans to increase spending and raise the deficit limit.Overseas funds sold a net US$1.8...
Yangzijiang Shipbuilding tumbles 5% after BlackRock sells 37.8 million shares
[SINGAPORE] Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a substantial shareholder.BlackRock sold about 37.8...
‘All the signs are positive’: Manulife US Reit manager sees improved outlook on US office recovery
Some 81,000 sq ft of leases have been executed in the quarter, making up 2.3% of the portfolio’s net lettable area[SINGAPORE] The manager of Manulife US Real Estate Investment...
Manulife US Reit portfolio occupancy falls to 68.2% in Q3
Some 81,000 sq ft of leases have been executed in Q3, making up 2.3% of the portfolio’s net lettable area[SINGAPORE] The manager of Manulife US Reit on Wednesday (Nov...
Seizing opportunities in Asean
Chinese companies eyeing expansion in the region will need to have deep local understanding, adaptable strategies and trusted financial partnersASEAN is emerging as one of the most important destinations...
AMD’s outlook fails to wow investors after AI-fuelled rally
Investors have bet heavily on the company following blockbuster agreements with OpenAI and Oracle[SAN FRANCISCO] Advanced Micro Devices (AMD), the main contender to Nvidia in the artificial intelligence (AI)...
