News

Singapore’s STI tumbles more than 3% as tariff tensions resume
The US confirmed that Trump’s tariff hikes brought the additional rate on many Chinese products to 145 per cent. [SINGAPORE] Singapore shares declined more than 3 per cent after...
Automotive group Vin’s Holdings aims for greater gains in used car space with IPO
[SINGAPORE] Buoyed by success in the pre-owned car market, Vin’s Holdings (VH) has sought an initial public offering (IPO) to fuel the next stage of its development with investments...
Chinese tea chain Chagee launches US IPO defying stock slump
[NEW YORK] Chagee Holdings, a Chinese bubble tea chain, is seeking to raise US$411 million in an initial public offering (IPO) in the US, despite spiking stock volatility from...
US: S&P 500 ends down 3.5% as stocks resume tariff sell-off
[NEW YORK] Wall Street stocks suffered another battering on Thursday, giving back a sizeable portion of the prior session’s gains as investors grappled with lingering uncertainty about President Donald Trump’s trade...
Reframing social sustainability for board leadership
IN THE evolving sustainability landscape, environmental, social and governance (ESG) factors take centre stage, with the social dimension now seeing more prominence.Social sustainability, as defined by the UN Global...
US: Wall St opens lower after sharp rally on Trump tariff reversal
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Apr 10), coming off a blistering rally following US President Donald Trump’s move to temporarily lower the heavy tariffs...
Regulators should encourage SGX-listed companies to conduct hybrid AGMs: NUS study
[SINGAPORE] A new study by the Centre for Investor Protection at NUS Business School has urged regulators to promote hybrid annual general meetings (AGMs) for companies listed on the...
Singapore’s RV Capital is set to join the hedge fund influx into Dubai
The firm joins a growing number of Asian investment outfits that are looking to join their western peers in the United Arab Emirates[SINGAPORE] Singapore-based macro hedge fund RV Capital...
Swings in US Treasuries trigger global bond market aftershocks
BONDS from Australia to Japan swung after a turbulent day for US Treasuries, as markets rapidly unwound bets on interest-rate cuts in the wake of American President Donald Trump’s...
CapitaLand Investment’s Ascott to add 600 units to India portfolio, eyes growth in country
[SINGAPORE] Ascott, the wholly owned lodging business of asset manager CapitaLand Investment (CLI), has inked three agreements to add 600 units to its India portfolio, a move that will...
Volatility is set to stay. Here’s where investors can put their money amid wild market swings
[SINGAPORE] Amid the tariff-induced volatility globally, markets have swung wildly in recent days.Both US and global markets plummeted to lows early this week, before rebounding slightly and falling back...
Nissan taps SoftBank-backed startup Wayve for AI driving system
The London-based company has tested its software using Ford Mustang Mach-E and Jaguar I-Pace electric sport utility vehicles, racking up miles in the UK, the US and Germany[TOKYO] Nissan...