News
JD.com to add 100,000 delivery riders in China to take on Meituan
The move is a response to a rival forbidding riders from accepting delivery orders from JD, the company saysPublished Mon, Apr 21, 2025 · 01:40 PM[NEW YORK] JD.com plans...
DHL to stop global shipments worth over US$800 to US consumers
US President Donald Trump has launched a wide-ranging trade war since coming to officePublished Mon, Apr 21, 2025 · 12:53 PM[WASHINGTON] Global shipping giant DHL will “temporarily” suspend the...
Yangzijiang Shipbuilding soars 9% as US eases port fees on China-built ships
[SINGAPORE] Shares of Yangzijiang Shipbuilding (YZJ) surged 15 per cent on Monday (Apr 21) morning before paring some gains, after the US watered down its initial proposal of slapping...
Gold hits record high on weak US dollar, trade war woes
Published Mon, Apr 21, 2025 · 09:40 AM[BENGALURU] Gold touched a record high on Monday (Apr 21) as the US dollar sank to a three-year low and trade war...
Taiwan short-selling curbs extended again amid tariff uncertainty
Short sellers borrow shares they expect to fall, aiming to repay the loan for less later to pocket the differencePublished Mon, Apr 21, 2025 · 08:20 AM[TAIPEI] Taiwan’s top...
What tariffs? DHL banks on burgeoning markets like South-east Asia as it aims for 50% revenue growth by 2030
[SINGAPORE] US tariffs are expected to wreak havoc on global supply chains, but logistics giant DHL is not that worried.DHL’s Strategy 2030 plan, announced in September last year, aims...
CDL’s AGM: Minority support for five IDs seeking re-election a litmus test of governance perceptions
[SINGAPORE] This week, minority shareholders of City Developments (CDL) will finally have the opportunity to endorse, or oppose, the controversial appointments of Jennifer Duong Young and Wong Su-Yen as...
Candy maker YLF cites market souring on US tariffs as reason to withdraw Singapore IPO
Sentiment is ‘badly shaken’ with the current uncertainty, says its chief executiveYLF Group Marketing – the maker of Pikin plum candies – is withdrawing its application for a Singapore...
Institutions net buying, Stephen Riady ups OUE stake
[singapore] Over the four trading sessions from Apr 11 to 16, institutions were net buyers of Singapore stocks, with net institutional inflow of S$217 million. This brings the net...
Bankers get creative to sign M&A deals in Trump’s trade war
[New York] After US President Donald Trump’s tariffs sent global markets sideways, Silicon Valley private equity firm Silver Lake Partners and chipmaker Intel added some new terms to a...
