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US: Wall St opens lower amid Trump’s fresh tariff salvo on Canada
Published Fri, Jul 11, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened lower on Friday (Jul 11) as President Donald Trump cranked up his tariff assault on...
Creative Technology warns H2 revenue may be below target, with operating loss similar to that in H1
It says US tariffs and global trade tensions weakened consumer sentiment, which dragged on revenue[SINGAPORE] Creative Technology said that revenue for its second half of the financial year ended...
Indonesia detains Trafigura employee in US$17 billion graft case
[JAKARTA] Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned PT Pertamina, widening one of the nation’s...
MAS, PBOC to deepen collaboration in green and transition finance
[SINGAPORE] The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At the third Singapore-China Green Finance Taskforce...
Singapore stocks notch 5-day rally ahead of GDP data
[SINGAPORE] The local bourse extended its winning streak to end the week on a high note as investment sentiments have been undisturbed by tariff news, ahead of the release...
China’s GDP growth set to slow, raising pressure on policymakers
[BEIJING] China’s economy is expected to have slowed down in the second quarter from a solid start to the year. This comes as trade tensions with the US added...
Citigroup sets mid-2026 target of 1,150 for MSCI’s global equity index
The brokerage’s expected year-end EPS growth of above 11% for the ACWI falls below consensus estimatesPublished Fri, Jul 11, 2025 · 04:04 PMCITIGROUP on Friday (Jul 11) introduced its...
Japan’s MUFG targets US for securitisation business, plans to boost headcount
[TOKYO] Mitsubishi UFJ Financial Group (MUFG) plans to expand its securitisation business globally, with a focus on North America, and will increase headcount in this area by around 25...
Asia: Traders brush off new Trump threats to extend stocks rally
[HONG KONG] Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump’s latest tariff salvos amid optimism that most...
Even 190% tariffs can’t shake US shoemaker’s reliance on China
[HONG KONG] When a US$80,000 tariff bill landed on her desk in May, Haley Pavone did what many small business owners might do: she froze hiring and added an...
