News
Singapore stocks notch 5-day rally ahead of GDP data
[SINGAPORE] The local bourse extended its winning streak to end the week on a high note as investment sentiments have been undisturbed by tariff news, ahead of the release...
China’s GDP growth set to slow, raising pressure on policymakers
[BEIJING] China’s economy is expected to have slowed down in the second quarter from a solid start to the year. This comes as trade tensions with the US added...
Citigroup sets mid-2026 target of 1,150 for MSCI’s global equity index
The brokerage’s expected year-end EPS growth of above 11% for the ACWI falls below consensus estimatesPublished Fri, Jul 11, 2025 · 04:04 PMCITIGROUP on Friday (Jul 11) introduced its...
Japan’s MUFG targets US for securitisation business, plans to boost headcount
[TOKYO] Mitsubishi UFJ Financial Group (MUFG) plans to expand its securitisation business globally, with a focus on North America, and will increase headcount in this area by around 25...
Asia: Traders brush off new Trump threats to extend stocks rally
[HONG KONG] Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump’s latest tariff salvos amid optimism that most...
Even 190% tariffs can’t shake US shoemaker’s reliance on China
[HONG KONG] When a US$80,000 tariff bill landed on her desk in May, Haley Pavone did what many small business owners might do: she froze hiring and added an...
Japan succession crisis fuels elevator empire 6,000% stock gain
[NEW YORK] Tucked away in Japan’s vast corporate landscape is a little-known elevator maintenance company which has built an empire by buying up heirless family-run companies.Japan Elevator Service (JES)...
CEO salaries: How much Singapore’s top companies pay their leaders
[SINGAPORE] From telcos to banks, companies have released their annual reports in the past few months.Those reports include a breakdown of how much CEOs were paid in the previous...
Alibaba risks deepening US$100 billion rout as turf war heats up
[HONG KONG] A protracted battle in China’s food-delivery market has chopped US$100 billion in market value from Alibaba Group Holding, with no end in sight for damage to profits...
Pimco sees Japan wooing capital as tariffs spur diversification
[SINGAPORE] Japan has emerged as a prime destination for global investors as the trade war triggers a reassessment of capital flows into the US, according to Pacific Investment Management...
