News
Malaysia Airlines parent reports lower profit in 2024
[KUALA LUMPUR] Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per cent from the previous year due...
EV maker Xpeng charts steady global expansion despite tariff war
[HONG KONG] Chinese electric vehicle (EV) maker Xpeng is ramping up its global expansion, despite the intensifying trade war between Washington and Beijing, and the European Union’s punitive tariffs...
Gold continues record rally as trade war woes fuel safe-haven demand
Published Thu, Apr 17, 2025 · 09:24 AM[BENGALURU] Gold extended its record rally on Thursday (Apr 17) as investors sought refuge in safe-haven assets amid an intensifying global trade...
Stocks to watch: CapitaLand Investment, Keppel DC Reit, Nam Cheong, Kore
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Thursday (Apr 17).CapitaLand Investment (CLI): The real estate investment manager announced on Thursday that...
Perplexity in talks to integrate assistant into Samsung, Motorola phones
[LOS ANGELES] Perplexity AI, an artificial intelligence (AI) startup vying with Google and OpenAI, is ramping up efforts to get prime placement for its virtual assistant on smartphones. The...
TSMC Q1 profit set to jump, but Trump’s policies cloud its future
[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC), the main global producer of advanced chips used in artificial intelligence (AI) applications, is set to report a 57 per cent leap in...
Oil up 2% to a two-week high as new US sanctions target Iran’s exports
[HOUSTON] Oil prices rose nearly 2 per cent on Wednesday (Apr 16) to a two-week high on concerns about global supplies after Washington issued new sanctions targeting Chinese importers...
Industry players see room for private credit market to grow in South-east Asia
[SINGAPORE] Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater interest in South-east Asia, with regional governments...
Global chipmakers feel the pinch of Trump’s shifting trade policy
[BENGALURU] Global chip stocks were battered on Wednesday (Apr 16) on fresh evidence of how US President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and...
Nickel scam accused Ng Yu Zhi splurged on 20-carat diamond ring, and had ‘five families’: witness
[SINGAPORE] Alleged nickel fraudster Ng Yu Zhi had “five families” – his wife, ex-wife and three girlfriends – one of his former employees told the High Court on Wednesday...
