News

Taiwan announces temporary short-selling curbs after US tariffs
[TAIPEI] Taiwan’s top financial regulator said on Sunday (Apr 6) that it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from US...
Oil price in freefall reorders global energy landscape
The plunge in oil prices following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from the Organization of the Petroleum Exporting Countries and...
US dollar recovers after Fed signals caution on future easing
[NEW YORK] The US dollar rebounded against major currencies such as the euro and yen on Friday (Apr 4) after Federal Reserve Chairman Jerome Powell acknowledged the repercussions of...
S-Reits record net institutional inflows in March as sector snaps 5-month losing streak
[SINGAPORE] Global markets experienced a sell-off after US President Donald Trump imposed a 10 per cent baseline tariff on imported goods from all countries starting Apr 5. US markets...
Trump’s ‘Liberation Day’ will go down in history – just not as he hoped
IT’S starting to look like one of the largest self-inflicted wounds the US has ever suffered. The broad S&P 500 – the measure of US economic expectations and the cornerstone...
‘Nowhere to hide.’ How Apple and others in Silicon Valley are bracing for Trump tariffs
SAN FRANCISCO  — The iPhone is a quintessentially 21st century product — Californian in its creation and design and now enmeshed in the global economy.Apple makes most of its iPhones...
China says ‘market has spoken’ after US tariffs spark sell-off
Trump has introduced additional 34 per cent tariffs on Chinese goods as part of steep levies imposed on most US trade partners[BEIJING] China said on Saturday (Apr 5) “the...
Honda sets up dedicated business in US to tap into space boom
The Japanese automaker is a relatively new but ambitious player in the space business[DETROIT] Honda Motor has created a space business unit in the US to promote its technology...
Musk and OpenAI jury trial to begin in spring next year
The startup is currently raising a funding round of up to US$40 billion led by Japanese tech investment group SoftBank[OAKLAND] Billionaire Elon Musk’s lawsuit against OpenAI will go to...
Microsoft, turning 50, dials up Copilot actions to stay in AI game
[REDMOND] Thousands of people swooned in a dark conference hall that felt more like a rock concert when a Microsoft product manager demonstrated the company’s latest feature: how to...
China hits back at US tariffs with export controls on key rare earths
[BEIJING/LONDON] China placed export restrictions on rare earth elements on Friday (Apr 4) as part of its sweeping response to US President Donald Trump’s tariffs, squeezing supply to the...
TikTok deal put on hold after China indicated it would reject it over tariffs: sources
[WASHINGTON] A deal to spin off the US assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs...