News
Boustead’s H2 profit up 48 per cent to S$59.1 million
[SINGAPORE] Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024 increased 58 per cent to S$59.1 million compared to the year-ago period....
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
Alliance reflects growing momentum towards a regionally integrated Asean Power Grid[KUALA LUMPUR] Four energy companies from Malaysia, Singapore and Vietnam have inked an agreement to explore the export of...
Maybank Q1 net profit rises 4% to RM2.6 billion
[SINGAPORE] Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM2.5 billion in the previous corresponding period....
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global tradePublished Mon, May 26, 2025 · 07:21 PM[BEIJING] China’s central bank asked its major...
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
[BEIJING] Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam while also looking to secure more long-term...
France, Vietnam sign Airbus, satellite deals as Macron visits Hanoi
[HANOI] France and Vietnam signed a deal on Monday (May 26) for 20 Airbus planes, among other pacts, as President Emmanuel Macron visited Hanoi seeking to boost France’s influence...
Asia’s rich trim US exposure, head to Europe amid tariff turmoil
[SINGAPORE] Asian private banking clients sprung into action over the past month, refusing to sit idle despite the whiplash in global financial markets caused by the tariff turmoil. Individuals...
Goldman Sachs expects stronger yuan to boost Chinese stocks
The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cutsPublished Mon, May 26, 2025 · 12:01 PMCHINESE stocks...
Frasers Property’s privatising FHT does nothing for its minorities
[SINGAPORE] Minority investors of Frasers Hospitality Trust (FHT) are getting a second chance to exit their holdings by way of a privatisation offer.FHT’s sponsor Frasers Property recently proposed privatising...
After briefest of respites, global trade war fears return with a vengeance
THE trade war is far from over, and neither is the associated rout in the stock market.The broad S&P 500 had turned positive for the year to date, clawing...
CPF extends Great Eastern’s Dependants’ Protection Scheme administrator contract to September 2028
The term life insurance scheme currently covers more than two million Singaporeans and permanent residents, the CPF Board said[SINGAPORE] Great Eastern will continue to administer the Dependants’ Protection Scheme...
