News
Semiconductor, shipbuilding shares in Singapore slump on heat from Trump tariffs; glovemakers mixed
[SINGAPORE] Stocks in certain industries listed in Singapore suffered hits of varying severity on Friday (April 4) following US President Donald Trump’s “Liberation Day” tariffs. As at 10.52am, the...
Gold falls as risk appetite dwindles on Trump’s tariff clarity
GOLD prices fell on Friday as investors reassessed their risk outlook in the wake of US President Donald Trump’s tariff measures, which have provided more clarity on market trends...
Singapore’s STI drops 1.5%; Asia markets extend declines on Trump tariff troubles
[SINGAPORE] Singapore equities began Friday (Apr 4) in negative territory, following the slump in all three major Wall Street indices and European shares on Thursday. As at 9.01 am,...
Singapore’s STI drops 2.6%; Asia markets extend declines on Trump tariff troubles
[SINGAPORE] Singapore equities began Friday (Apr 4) in negative territory, following the slump in all three major Wall Street indices and European shares on Thursday. The Straits Times Index...
Far East Orchard acquires Manchester purpose-built student accommodation site for £10.9 million
[SINGAPORE] announced on Wednesday (Apr 3) that it will be acquiring a purpose-built student accommodation (PBSA) site in Manchester, for £10.9 million (S$19.1 million). Located at 3 – 5...
Trump says ‘very close to a deal’ on TikTok
[MIAMI] President Donald Trump said his administration was “very close” to a deal to find a buyer for TikTok, which faces a US ban if not sold by its...
ExxonMobil signals higher oil, gas prices will help boost Q1 profit
EXXONMOBIL signalled on Thursday that higher crude oil and natural gas prices as well as stronger oil refining margins will help lift its first-quarter earnings by about US$900 million...
Euro jumps over 2% against dollar after hefty US tariffs
[LONDON] The euro rallied more than 2 per cent against the dollar on Thursday (Apr 3) and was set for its best day in more than nine years as...
Venture capitalist Finian Tan sought to invest in alleged scammer Ng Yu Zhi’s nickel business
[SINGAPORE] Well-known venture capitalist Finian Tan was told in August 2020 that someone was keen to invest in his funds. That person turned out to be the alleged nickel...
Tariffs disrupt Bitcoin mining supply chain rooted in Asia
[KUALA LUMPUR] Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US before tariffs imposed...
