News
Singapore’s dollar in pole position to extend lead in Asia
Demand for the city-state’s currency may sustain even as expectations for further MAS policy easing grow, with core inflation in February rising at the slowest pace since June 2021[SINGAPORE]...
MAS tells fintech platforms to communicate underlying products in investment accounts clearly: sources
Consumers should be clear that a fintech platform that offers underlying banking products does not equate to it being a bank[Singapore] Fintech platforms have been told by the Monetary...
Starbucks faces new hot spill lawsuits weeks after US$50 million ruling
[LOS ANGELES] Starbucks was facing two new lawsuits over spilled hot drinks on Wednesday (Apr 2), just weeks after a court ordered the coffee giant to pay US$50 million...
Trump signs order ending duty-free treatment for cheap shipments from China
[WASHINGTON] US President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as “de minimis” that has allowed low-value packages from China and Hong...
Stoneweg E-Reit manager unveils proposed conversion to stapled group
The move will enhance corporate structure and has potential to optimise tax efficiency and the holding structure of properties, its manager notes[SINGAPORE] The manager of Stoneweg European Reit (Stoneweg...
Chinese firms place US$16 billion in order for new Nvidia chips: report
Washington has banned exports of the company’s most advanced chips to China since 2022[BENGALURU] Chinese companies including ByteDance, Alibaba Group and Tencent Holdings have placed at least US$16 billion...
Apple production hubs hit by tariffs, sending shares plummeting
[LOS ANGELES] Apple is finding itself squarely in the crosshairs of US President Donald Trump’s new tariffs, even after a years-long effort to insulate the iPhone maker from trade...
Europe: Stocks drop ahead of Trump’s tariff announcement
[BENGALURU] European shares fell on Wednesday (Apr 2), weighed by losses in healthcare stocks, as investors awaited tariff plans from US President Donald Trump that some fear could slow...
Amazon places bid on TikTok as deadline looms
Amazon reportedly has made a bid to buy TikTok, the popular video app that is in danger of being banned in the U.S. if it can’t reach a deal...
Dollar dips as Trump tariff plan keeps traders on edge
[SINGAPORE] The dollar slipped and other currencies held in tight ranges on Wednesday (Apr 2) as traders awaited details of US President Donald Trump’s plans for tariffs, which could...
