News

Malaysia telco U Mobile to partner with China’s Huawei and ZTE for 5G network
U Mobile secures a government contract to roll out Malaysia’s second 5G networkPublished Tue, Apr 15, 2025 · 03:41 PM[KUALA LUMPUR] Malaysian mobile data service company U Mobile said...
Nike set to build out new Shanghai studio in China push
[NEW YORK] Nike is opening a new creative studio in Shanghai as the world’s largest sportswear company pumps investment into one of its most crucial markets.The in-house production division,...
China’s sea cargo flow starts to slow after tariffs take effect
The Trump administration has upended global trade with a slew of new tariffs, prompting China to retaliate[NEW YORK] The volume of goods processed by Chinese ports slowed last week...
Automotive group Vin’s Holdings debuts higher in SGX’s first listing of 2025
[SINGAPORE] Automotive group Vin’s Holdings (VH) climbed on its listing debut on Tuesday (Apr 15), in the first initial public offering (IPO) on the Singapore Exchange (SGX) this year.The...
Stocks to watch: Wilmar, ICP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Apr 15). Source link
Apple and other tech stocks rebound after Trump offers more tariffs guidance
Stock prices of Apple, Alphabet and other Silicon Valley tech companies rebounded on Monday after the Trump administration said electronics, including semiconductors and smartphones, were exempt from the “reciprocal...
Oil rises marginally on tariff exemption, Chinese crude imports
[HOUSTON] Oil prices settled slightly higher on Monday (Apr 14) on exemptions for some electronics from US tariffs and data showing a sharp rebound in China’s crude imports in...
Opec cuts 2025 oil demand forecast over US tariffs
It expects demand to grow by 1.3 million barrels per day (bpd) in 2025, down from a previous forecast of 1.4 million bpd[RIYADH] Opec slightly lowered its forecast for...
Women’s health supplement brand Moom Health bags S$3.5 million funding
Investors include Eu Yan Sang founders’ family office and investment firm backed by Wilmar International co-founder and chairman Kuok Khoon Hong[SINGAPORE] Women’s health supplement brand Moom Health announced on...
Bruised dollar languishes near three-year lows on tariff anxiety
[SINGAPORE] The dollar drifted lower on Monday (Apr 14), while the Japanese yen and the euro progressed higher as investor confidence in the world’s reserve currency remained in question...
Goldman Sachs’ profit jumps as traders deliver gains
[NEW YORK] Goldman Sachs reported a 15 per cent rise in first-quarter profit as market volatility led to record revenue in equities trading and boosted fixed income results. The Wall...
Wilmar maintains innocence after Indonesian judges who acquitted it are arrested on corruption charges
[SINGAPORE] Wilmar International maintained its innocence after four judges who cleared it – as well as two other palm oil companies – in a corruption case related to obtaining...