News

Honda supplier rethinks China relationship as trade war bites
[TOKYO] As the US-China trade war expands into the auto, steel and rare earths sectors, few companies are feeling the pressure more than top Japanese car parts supplier Daido...
Cybersecurity firm Trend Micro bets on AI to offset US tariff woes
[SINGAPORE] The Trump administration’s policies have cast a shadow over Japanese cybersecurity firm Trend Micro, contributing to a slowdown in its first-quarter revenue, but the company believes that artificial...
Britain to cut companies’ energy bills in new industrial strategy
[LONDON] Britain will aim to cut the electricity bills of thousands of companies under a new industrial strategy to be published on Monday, heeding calls from business to lower...
US dollar gains in early trading as world awaits Iran’s response
[NEW YORK] The US dollar strengthened in early trading as investors sought havens in a move to shield against mounting geopolitical risks following the US strikes on Iran.The US...
Central banks in Asia are becoming wary of currency intervention
Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market.The central banks of India and Malaysia have reduced the size of...
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from unpredictable US policy and...
Hong Kong stock rally shakes up investor playbook for China
Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the blow from US tariffs. Six months in, they couldn’t have...
Despite softer retail outlook, most S-Reits with Singapore retail assets record double-digit positive rent reversions
[SINGAPORE] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have recorded improvements in revenue and net property income (NPI), supported by improved operating metrics, positive rental...
Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A US attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety,...
Tesla to build first grid-scale power plant in China
Published Sun, Jun 22, 2025 · 11:00 AM[NEW YORK] Tesla announced on Friday (Jun 20) that it signed an agreement to build its first grid-scale energy storage power station...
Circle gets buy rating after Senate passes stablecoin bill
The company behind USDC has seen its shares rise more than 600% since they started trading earlier this month Published Sun, Jun 22, 2025 · 10:00 AM[NEW YORK] Circle...
Former EMA board director now leads energy firm H2G; predecessor stays on amid court case
[SINGAPORE] Former Energy Market Authority (EMA) board director Pek Hak Bin has been appointed chief executive of energy transition firm H2G Green, as the home-grown company sharpens its focus...