News
HPL jumps 5.5% after announcing that Ong Beng Seng will step down as managing director
[SINGAPORE] Shares of Hotel Properties Limited (HPL) rose on Monday (Apr 14) by over 5 per cent, following the company’s announcement that property tycoon and hotelier Ong Beng Seng...
Upgrading Paragon as part of a listed Reit
[SINGAPORE] As the local bourse waits for potential new real estate investment trust (Reit) listings to materialise, Paragon Reit, which went public in July 2013, might be delisted soon.The...
Asia : Stocks rise on electronics tariffs exemption, gold hits new high
[HONG KONG] Asian stocks rose on Monday as trade war fears were tempered by Donald Trump’s announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold...
Companies getting ‘a bit tired’ of tariff chaos, DHL CEO says
[HONG KONG] Fatigue is setting in among companies and manufacturers trying to navigate US President Donald Trump’s whipsawing tariff moves, according to DHL Group chief executive officer Tobias Meyer.Meyer,...
Battered dollar steadies but investors brace for more tariff volatility
[SINGAPORE] The US dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the world’s reserve currency...
Gold dips as Trump eases trade tensions with tariff exemptions
[BENGALURU] Gold prices dropped on Monday (Apr 14) as US President Donald Trump eased trade tensions by granting tariff exemptions on smartphones, computers and other electronics primarily imported from...
Olam to divest remaining Olam Group assets to fund business reorganisation
[SINGAPORE] Olam Group will invest US$500 million equity into Olam Food Ingredients (ofi) within the next three months, while de-leveraging the remaining Olam group for progressive liquidation, as part...
Global funds hit pause on Indonesia after Prabowo policy changes
[MELBOURNE / LONDON] Indonesian President Prabowo Subianto’s attempt to engineer an economic renaissance is running up against a hard truth: Investors are not buying the vision he’s selling.Some of...
Asia, Europe, gold, private markets: Where investors can seek refuge as US exceptionalism is cast into doubt
[SINGAPORE] The turmoil and volatility in global financial markets, where trillions of dollars were wiped off US equities since “Liberation Day”, are leading investors to lean towards the idea...
Non-China sea cargo shippers to U-turn on aborted bookings amid US tariff pause: analysts
[SINGAPORE] The dramatic turnaround in US President Donald Trump’s stance on his reciprocal tariffs – he paused steep individualised tariffs on dozens of trading partners for 90 days –...
