News
Malaysia, Thailand could take biggest hit to growth in Asean from tariff impact: analysts
[SINGAPORE] Malaysia and Thailand are the economies in Asean that are set to take the biggest hit from tariffs announced by US President Donald Trump on Monday (Jul 7),...
Japan, South Korea markets are muted in early trade as Trump hits trading partners with higher tariffs
Markets in Asia were muted as US President Donald Trump announced higher tariff rates on 14 countries.Trump hit trading partners such as Malaysia (25 per cent), Indonesia (32 per...
Samsung posts first profit drop since 2023 after AI chip delays
[SEOUL] Samsung Electronics’ profit shrank more than expected after encountering hiccups in plans to sell cutting-edge artificial intelligence (AI) memory to Nvidia. South Korea’s largest company reported preliminary operating...
Tesla shares slip after Musk says he will create a new political party
Tesla shares fell close to 7% Monday after Elon Musk announced plans to form his own political party, sparking concerns he will become further distracted by politics despite a...
TikTok reportedly prepping new app in the U.S. as potential sale looms
TikTok is preparing to release a new app in the U.S. as it awaits a potential sale that would maintain its presence for millions of users in the country,...
Tesla short sellers set to pocket about US$1.4 billion in profits after stock slump
Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this yearPublished Mon, Jul 7, 2025 · 10:55 PM[NEW YORK] Traders are set to make about...
US: Wall St opens lower on tariff jitters; Tesla down on Musk’s political plans
Published Mon, Jul 7, 2025 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (Jul 7) as tariff tensions kept investors on edge, while Tesla shares...
Bali flights nixed after huge Indonesia volcano eruption
[DENPASAR] Dozens of flights to and from Indonesia’s Bali island were cancelled on Monday (Jul 7) after a volcano belched a colossal ash tower 18 kilometres into the sky,...
Singapore stocks rise on Monday; STI up 0.5%
[SINGAPORE] The local bourse kicked off the week on a positive note even as markets monitored how the tariff tango was unfolding. The Straits Times Index (STI) was up...
NTT DC Reit launches biggest IPO of an S-Reit in over a decade, aims to raise US$773 million
[SINGAPORE] The manager of NTT DC Reit said on Monday (Jul 7) that the real estate investment trust has launched its initial public offering (IPO) with the aim of...
Temasek-backed Clifford Capital names Lily Choh CEO of its asset management arm
[SINGAPORE] Singapore-headquartered infrastructure credit platform Clifford Capital announced on Monday (Jul 7) that it has appointed Lily Choh as chief executive officer of Clifford Capital Asset Management, subject to...
