News
Singapore’s STI drops 2.6%; Asia markets extend declines on Trump tariff troubles
[SINGAPORE] Singapore equities began Friday (Apr 4) in negative territory, following the slump in all three major Wall Street indices and European shares on Thursday. The Straits Times Index...
Far East Orchard acquires Manchester purpose-built student accommodation site for £10.9 million
[SINGAPORE] announced on Wednesday (Apr 3) that it will be acquiring a purpose-built student accommodation (PBSA) site in Manchester, for £10.9 million (S$19.1 million). Located at 3 – 5...
Trump says ‘very close to a deal’ on TikTok
[MIAMI] President Donald Trump said his administration was “very close” to a deal to find a buyer for TikTok, which faces a US ban if not sold by its...
ExxonMobil signals higher oil, gas prices will help boost Q1 profit
EXXONMOBIL signalled on Thursday that higher crude oil and natural gas prices as well as stronger oil refining margins will help lift its first-quarter earnings by about US$900 million...
Euro jumps over 2% against dollar after hefty US tariffs
[LONDON] The euro rallied more than 2 per cent against the dollar on Thursday (Apr 3) and was set for its best day in more than nine years as...
Venture capitalist Finian Tan sought to invest in alleged scammer Ng Yu Zhi’s nickel business
[SINGAPORE] Well-known venture capitalist Finian Tan was told in August 2020 that someone was keen to invest in his funds. That person turned out to be the alleged nickel...
Tariffs disrupt Bitcoin mining supply chain rooted in Asia
[KUALA LUMPUR] Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from Thailand to the US before tariffs imposed...
Tariffs rip through South-east Asia stocks, sink Vietnam’s market
[HANOI] South-east Asian stocks and currencies fell after Asian emerging nations were given some of the biggest tariff increases by US President Donald Trump. Vietnamese shares tumbled.Vietnam’s main stock...
US emerges as biggest loser in markets from Trump’s tariffs
US equity index futures tumble more than 4% after President Trump announces a sweeping series of tariffs[NEW YORK] Donald Trump’s shake-up of the global trading system is hurting US...
Singapore’s dollar in pole position to extend lead in Asia
Demand for the city-state’s currency may sustain even as expectations for further MAS policy easing grow, with core inflation in February rising at the slowest pace since June 2021[SINGAPORE]...
