News
US: S&P 500 ends down 2.4% after Trump slams Fed chief again
Published Tue, Apr 22, 2025 · 06:04 AM[NEW YORK] Wall Street stocks finished sharply lower on Monday (Apr 21) after a fresh attack on Federal Reserve chair Jerome Powell...
Frasers Centrepoint Trust preferential offering 24.8% oversubscribed
Its manager raises total of S$421.3 million from the offering and a private placement that closed on Mar 26[SINGAPORE] The manager of Frasers Centrepoint Trust (FCT) on Monday (Apr...
Dollar slides as Fed independence under threat from Trump
[SINGAPORE] The dollar tumbled on Monday (Apr 21) as investor confidence in the US economy took another hit over President Donald Trump’s plans to shake up the Federal Reserve,...
Singapore stocks rise on Monday as STI extends rally
[SINGAPORE] The Straits Times Index (STI) continued to rally on Monday (Apr 21) as Asian indices closed mixed amid traders tracking the tariff talks.The STI closed up 1.1 per...
Parkway Life Reit to exit Malaysia
[SINGAPORE] The manager of Parkway Life Real Estate Investment Trust (PLife Reit) announced on Monday (Apr 21) that the healthcare Reit is selling freehold strata units and lots of...
Google faces historic trial in US bid to end search monopoly
[WASHINGTON] Alphabet’s Google faces a historic trial on Monday (Apr 21) as US antitrust enforcers in Washington seek to force the tech giant to sell off its Chrome browser...
At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’
[SHANGHAI] More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition...
Vietnam central bank preparing restructuring plan for troubled lender SCB
Published Mon, Apr 21, 2025 · 03:11 PM[HANOI] Vietnam’s central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank (SCB), the lender at the...
JD.com to add 100,000 delivery riders in China to take on Meituan
The move is a response to a rival forbidding riders from accepting delivery orders from JD, the company saysPublished Mon, Apr 21, 2025 · 01:40 PM[NEW YORK] JD.com plans...
DHL to stop global shipments worth over US$800 to US consumers
US President Donald Trump has launched a wide-ranging trade war since coming to officePublished Mon, Apr 21, 2025 · 12:53 PM[WASHINGTON] Global shipping giant DHL will “temporarily” suspend the...
