News

China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
Published Mon, Apr 28, 2025 · 08:32 PM[BENGALURU] China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish...
First Sponsor reports subdued market sentiments affecting China property development in Q1 2025
It remains cautiously optimistic that government support this year will contribute to gradual market recovery in country[SINGAPORE] First Sponsor reported that weak market sentiments in the first quarter of...
Ant Group enters brokerage business with HK$2.81 billion Bright Smart buy
Published Mon, Apr 28, 2025 · 07:13 PM[HONG KONG] Ant Group, an affiliate of China’s e-commerce giant Alibaba Group, is buying a HK$2.81 billion (S$476 million) controlling stake in...
Bay Area tech workers thought their jobs were safe. Then the ‘golden handcuffs’ came off
Evan Richardson grew up in Silicon Valley, surrounded by big tech companies that transformed how people live, socialize and work.As a curious kid, Richardson took apart electronics and put...
Latest NZ$2.80-per-share offer by CDL Kiwi unit still ‘too low and inadequate’: M&C New Zealand
[SINGAPORE] The independent directors of Millennium and Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase of CDL Hotels Holdings New Zealand’s (CDLHH...
Latest NZ$2.80-per-share offer by CDL unit still ‘too low and inadequate’: M&C New Zealand
[SINGAPORE] The independent directors of Millennium & Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase of CDL Hotels Holdings New Zealand’s (CDLHH...
Singapore election 2025: PM Wong at Fullerton rally warns that losing ministers would weaken Singapore
[SINGAPORE] Losing three or four ministers would weaken both the government and the country, at an already challenging time, said Prime Minister Lawrence Wong on Monday (Apr 28).A vote...
iFast plunges 12% after cutting its Hong Kong profit guidance
This is after the company lowered its 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million [SINGAPORE] iFast shares plunged as much as 12 per...
Japan denies report citing Bessent’s push for strong yen
Trump’s past remarks accusing Japan of intentionally maintaining a weak yen, have fuelled market expectations that Tokyo will face pressure to strengthen the yen’s value against the US dollar...
Thai bonds see rush of inflows on rate-cut bets, gold prices
[BANGKOK] Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger baht due to surging gold...
Oil edges up despite murky economic outlook, potential Opec+ supply hike
[SINGAPORE] Oil prices inched up in early trade on Monday but remained dogged by uncertainty over trade talks between the US and China clouding the outlook for global growth...
Gold falls on firmer dollar, US-China trade tension subside
Published Mon, Apr 28, 2025 · 09:09 AM[BENGALURU] Gold prices eased on Monday (Apr 28) as the thawing of trade tensions between the US and China provided some relief...