News

US: Wall St opens lower on tariff jitters; Tesla down on Musk’s political plans
Published Mon, Jul 7, 2025 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (Jul 7) as tariff tensions kept investors on edge, while Tesla shares...
Bali flights nixed after huge Indonesia volcano eruption
[DENPASAR] Dozens of flights to and from Indonesia’s Bali island were cancelled on Monday (Jul 7) after a volcano belched a colossal ash tower 18 kilometres into the sky,...
Singapore stocks rise on Monday; STI up 0.5%
[SINGAPORE] The local bourse kicked off the week on a positive note even as markets monitored how the tariff tango was unfolding. The Straits Times Index (STI) was up...
NTT DC Reit launches biggest IPO of an S-Reit in over a decade, aims to raise US$773 million
[SINGAPORE] The manager of NTT DC Reit said on Monday (Jul 7) that the real estate investment trust has launched its initial public offering (IPO) with the aim of...
Temasek-backed Clifford Capital names Lily Choh CEO of its asset management arm
[SINGAPORE] Singapore-headquartered infrastructure credit platform Clifford Capital announced on Monday (Jul 7) that it has appointed Lily Choh as chief executive officer of Clifford Capital Asset Management, subject to...
Apple supplier Lens Technology said to price HK$4.8 billion Hong Kong listing at top of range
The company joins the growing wave of China-listed companies seeking to go public in the city Published Mon, Jul 7, 2025 · 01:51 PM[HONG KONG] Apple supplier Lens Technology...
STI’s top performing stocks for the first half year revealed
[SINGAPORE] The Singapore market has done well this first half of 2025, as investors flocked to safe havens amid volatility caused by tariff uncertainty and tensions intensifying in the...
Germany’s 34.1 billion euros pension gives mandate to China stock fund
[HONG KONG] A German pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move among global allocators that...
Richard Li’s FWD Group falls in Hong Kong debut after HK$3.5 billion IPO
The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilitiesPublished Mon, Jul 7, 2025 · 10:50 AM[HONG KONG] Billionaire Richard Li’s FWD...
Richard Li’s FWD rises in HK debut, reversing earlier decline
The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilitiesPublished Mon, Jul 7, 2025 · 10:50 AM — Updated Mon, Jul 7,...
Taiwan stock ETFs lead inflows in Asia with US$19 billion haul
[TAIPEI] Traders are swarming to equity-focused, exchange-traded funds (ETFs) listed in Taiwan, with demand from retail investors and a strong local currency driving up flows.Taiwan-listed equity ETFs have attracted...
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
[HONG KONG] Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist.Speaking at a triumphant launch event in Beijing...