News
Singapore’s ultra-rich among wealthy Asians snapping up property in Dubai
[SINGAPORE] Property cooling measures may have dampened housing demand here, but Singapore’s ultra-rich are among high net-worth individuals (HNWI) around the world that are flooding into Dubai.In the first...
Labubu maker Pop Mart flagged for global expansion potential; CGSI initiates coverage
[Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation from a toy retailer to an intellectual property (IP)-centric...
Toyota takes all-hybrid plunge with its best-selling US vehicle
[DETROIT] Toyota Motor is scrapping the petrol-powered version of its best-selling vehicle in the US as the Japanese carmaker doubles down on its push into hybrids.The latest generation of...
Vietnam approves establishment of Sun PhuQuoc Airways
Published Wed, May 21, 2025 · 10:37 AM[HANOI] Vietnam’s Prime Minister, Pham Minh Chinh, has approved the establishment of a new airline, Sun PhuQuoc Airways, the official Vietnam News...
Gold gains on weaker dollar, US fiscal concerns
[BENGALURU] Gold prices rose on Wednesday (May 21) as the US dollar slipped to a two-week low and investors sought safety amid US fiscal uncertainty, with Congress debating a...
Monetary Authority of Singapore MD says US$ assets irreplaceable
Factors that the market are paying attention to include any prospect for slower growth and higher inflation in America as well as cues on its fiscal trajectory and policies...
Stocks to watch: CapitaLand Investment, CDL, SingPost, SIA Engineering, Delfi, SLB, Dasin Retail Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 21). CapitaLand Investment (CLI): The global real asset manager on Wednesday announced...
Fed officials expect tariffs to boost prices; White House downplays risk
[AMELIA ISLAND, Florida] Federal Reserve officials said on Tuesday (May 20) that higher prices are coming on the back of rising US import tariffs and counselled patience before making...
Tesla on track to launch robotaxi trial in Austin, Texas, by June end, Musk says
[SAN FRANCISCO] Tesla is set to begin a test of its long-promised robotaxi service on schedule in Austin, Texas, by the end of June, chief executive Elon Musk said...
Oil prices little changed on geopolitical uncertainty, weak China demand signals
[NEW YORK] Oil prices were little changed on Tuesday (May 20) due to uncertainty in US-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook...
