News
Private capital roars back in Q2 with strongest returns since 2021: MSCI
Across the board, every major private asset class records an improvement on the Q1 return[SINGAPORE] Private markets delivered their strongest aggregate returns since 2021 in the second quarter of...
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year[BENGALURU] Gold edged higher on Friday (Oct 10) and headed for its...
Shein, hit with big fines, boosts internal controls
The online fast-fashion retailer has grown to become the world’s biggest fast fashion retailer by sales [LONDON] Online fast-fashion retailer Shein is strengthening its controls after a string of...
HSBC’s top boss bets US$14 billion on Hong Kong in push for growth
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his predecessors[LONDON] After spending the past...
Oil settles 1.6% lower after Gaza ceasefire
Opec+ has agreed on Sunday to a November output hike that was smaller than market expectations, easing oversupply concerns[HOUSTON] Oil prices settled lower on Thursday (Oct 9) after Israel...
Boggle and Pictionary TV games coming to Netflix
Netflix on Wednesday night unveiled its first games for the TV, as the Los Gatos streamer aims to gain a bigger share of the video game market. The five...
US dollar mixed as yen sell-off wanes, euro hit by French politics
[NEW YORK] THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political...
Surprise rate decisions in Asia signal growing economic unease
They underscore growing domestic economic and market uncertainties exacerbated by US tariffs[HONG KONG] Three central banks over two days surprised markets and economists with unexpected interest rate decisions, each...
Ferrari lifts the hood on EV tech in maiden electric car
The unveiling offers a glimpse into the brand’s EV future, marking a major milestone in the auto industry’s shift from combustion to battery power[MARANELLO] Ferrari has unveiled the technology...
Asia’s Reit market ‘finally recovering’ amid lower interest rates and new listings: Aprea
[SINGAPORE] The real estate investment trust, or Reit, market in Asia is “finally recovering” on the back of lower interest rates, higher investor demand and a surge in new...
