News
STI’s top performing stocks for the first half year revealed
[SINGAPORE] The Singapore market has done well this first half of 2025, as investors flocked to safe havens amid volatility caused by tariff uncertainty and tensions intensifying in the...
Germany’s 34.1 billion euros pension gives mandate to China stock fund
[HONG KONG] A German pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move among global allocators that...
Richard Li’s FWD Group falls in Hong Kong debut after HK$3.5 billion IPO
The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilitiesPublished Mon, Jul 7, 2025 · 10:50 AM[HONG KONG] Billionaire Richard Li’s FWD...
Richard Li’s FWD rises in HK debut, reversing earlier decline
The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilitiesPublished Mon, Jul 7, 2025 · 10:50 AM — Updated Mon, Jul 7,...
Taiwan stock ETFs lead inflows in Asia with US$19 billion haul
[TAIPEI] Traders are swarming to equity-focused, exchange-traded funds (ETFs) listed in Taiwan, with demand from retail investors and a strong local currency driving up flows.Taiwan-listed equity ETFs have attracted...
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
[HONG KONG] Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist.Speaking at a triumphant launch event in Beijing...
TikTok building new version of app ahead of expected US sale: report
Published Mon, Jul 7, 2025 · 07:40 AM[BENGALURU] TikTok is building a new version of its app for users in the United States ahead of a planned sale of...
S&P 500 expected to rally further
The S&P 500 staged a remarkable comeback in the second quarter of 2025, recording a new all-time high on Jun 27, after rebounding over 28 per cent from the...
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
[SINGAPORE] Great Eastern Holdings said that sharing the indicative range of share values determined by its independent financial adviser (IFA) with OCBC did not breach The Singapore Code on Take-overs...
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
[TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products but cautioned about geopolitical and exchange rate headwinds.
Revenue for...
Gold, pesos and lasers: What’s on Fidelity’s investment radar
[HONG KONG] A weakening US dollar and volatile equity markets were among the hotly discussed themes at Fidelity International’s Asia-Pacific Media Investment Conference in Hong Kong on Thursday (Jul...
Nanofilm to acquire remaining stake of Sydrogen from Temasek for S$15 million
[SINGAPORE] Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from Temasek’s unit Venezio Investments for S$15 million. The transaction represents 35 per...