News
Euro steady as Trump’s car tariffs loom next week
THE euro was steady, rising off a three-week low earlier on Thursday (Mar 27), with US President Donald Trump’s 25 per cent tariff on imported cars and light trucks...
Porsche, Mercedes face 3.4 billion euros hit from Trump auto tariffs
To offset the impact, manufacturers may have to raise prices or shift more production to the US[FRANKFURT] Porsche and Mercedes-Benz Group will be hit hardest by President Donald Trump’s...
MAS seeks feedback on proposals giving retail investors access to private market assets
The move signals a broadening of access to such illiquid investments beyond wealthy individuals [SINGAPORE] Retail investors in Singapore may soon be able to channel funds into private market...
Saudi Aramco looks to invest in Indian refineries
[NEW DELHI] Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude...
SK Hynix says some customers brought forward orders ahead of US tariffs
[ICHEON] South Korea’s SK Hynix, the world’s second-largest memory chipmaker, said on Thursday (Mar 27) that some customers have brought forward orders in preparation for new US tariffs on...
China pauses new deals with Li Ka-shing family after Panama ports plan
[NEW YORK] China has told state-owned firms to hold off on any new collaboration with businesses linked to Li Ka-shing and his family, according to people familiar with the...
Hong Kong lures investment firms Ardian, Arga seeking expansion
[HONG KONG] Two investment firms are setting up offices in Hong Kong to attract money from the region, the latest sign of renewed financial activity in the city following...
Autos lead market losses after Trump’s latest tariffs salvo
[HONG KONG] A plunge in automakers hit Asian and European equities on Thursday (Mar 27) after Donald Trump announced painful tariffs on all imported vehicles and parts as he...
Nissan’s new CEO says it needs partners and is open to Honda
[TOKYO] Nissan Motor’s incoming chief executive officer said he’s open to pursing a partnership with Honda Motor, the Japanese peer his carmaker tried to combine with before talks broke...
Robinhood, moving beyond meme stocks, now wants to be your bank
[NEW YORK] Robinhood Markets has moved past its meme stock days to become known as the go-to trading platform for retail investors of all stripes – crypto zealots, novice...
