News
Hong Kong asks insurers to move investing roles from Singapore, in push to compete on talent
[HONG KONG] Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital.Over the past year, Hong Kong’s insurance regulator...
US explores better location trackers for AI chips, official says
[TAIPEI] The US is exploring ways to equip chips with better location-tracking capabilities, a senior official said, underscoring Washington’s effort to curtail the flow of semiconductors made by the...
China’s record renewables buildout is wasting power as grid lags
[BEIJING] China’s breakneck expansion of renewable power continues to set records, but an increasing amount of that wind and solar energy is being wasted because the grid is not...
What’s next for Ong Beng Seng’s HPL?
[SINGAPORE] While Hotel Properties Ltd (HPL) maintains a “business as usual” stance after founder Ong Beng Seng’s exit from management and his obstruction of justice trial, could privatisation be...
Intel’s credit rating downgraded by Fitch on demand challenges
Published Tue, Aug 5, 2025 · 07:04 AMFITCH downgrading US chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned...
RevPAR is mixed across Frasers Hospitality Trust’s markets in Q3
[SINGAPORE] Frasers Hospitality Trust saw its revenue per available room (RevPAR) drop in three of the five key markets in which it operates for the quarter ended June, the...
US: Wall Street opens higher following Friday’s dramatic selloff
Published Mon, Aug 4, 2025 · 09:46 PMWALL Street’s main indexes opened higher on Monday (Aug 4) after a sharp pullback in the previous session, as markets priced in...
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months.T Rowe Price Group says it now favours...
GIC takes 25% stake in Spain’s broadband venture
Published Mon, Aug 4, 2025 · 03:03 PM[SINGAPORE] Sovereign wealth fund GIC will take a 25 per cent stake in a fibre optic broadband venture between MasOrange, partly owned...
Malaysian palm oil firm FGV to be delisted on August 28
Felda settlers own shares in the company but have not seen the returns that they were promised when the company was listed in 2012 Published Mon, Aug 4, 2025...
